US investments ballooned last year at the expense of European assets
CEO sees benefits of investments being less coupled to developments in the world economy and equity markets
CEO says shelving of AP Funds reform meant AP1 could ‘seriously and credibly’ focus on strategy
Major investors shown to have boosted governance and sustainability practices at Swedish firms
Buffer funds’ risk taking should be controlled in ‘a more nuanced way’
Swedish default pension fund may use green mandates to widen clean-tech exposure
Planned equity allocation of 70% for giant sovereign fund is “acceptable”, says government
Finnish pensions insurer increases returns to 4.7% in “good year”
Gothenburg-based pensions buffer fund says bringing assets in-house has worked
Investment return boosted by profits on corporate, mortgage, and government bonds
Agriculture was part of strategy for attractive returns with controlled risk, fund says
‘Winners and losers’ from Norwegian reform, while Danish pensions report returns
Kempen, Altis, RPMI Railpen, Allianz, Hermes, Lazard, Columbia Threadneedle, Quaero Capital, Insight Investment, Morgan Stanley, MSCI
SPP Fonder CEO says premium pension reform draft contains “remarkable” assumption
Denmark’s second largest commercial pension provider said it achieved a “satisfactory and attractive return”
Sovereign wealth fund revokes ethical exclusion of US firm after 12 years
Finnish pensions insurance giant adopts sustainability benchmark indices in investments
Denmark’s biggest commercial pension provider reports higher-than-forecast returns
Draft treats infrastructure, mortgage-backed bonds more strictly for pension funds
FSA drops plans to change model for insurance companies, pension funds
Icelandic funds are looking to step up their foreign exposure now that exchange controls are being lifted. But they are in no rush
Can Nordic pension funds use their experience with private equity to build private debt portfolios? Carlo Svaluto Moreolo reports
Pension providers are venturing outside their traditional markets, reflecting changing career patterns, writes Rachel Fixsen
As Finland prepares to transfer responsibility for pension liabilities away from the state towards the private sector, Reeta Paakkinen looks at possible outcomes for provision and contributions
Jukka Reijonen, head of real assets at Etera, the Finnish occupational pension insurance company, talks to Reeta Paakkinen about the fund’s investment portfolio
FRC warrants ‘intensive investigation’ from government, argues public pension fund group
Accounting regulator to act after parliamentary committee completes governance inquiry
Dunelm and Hargreaves Lansdown made payments without reporting up-to-date cash balances
System is nevertheless deemed sustainable by Financial Supervision Commission
PIRC’s disputes with FRC continue, and EFRAG hunts for hybrid pension fund experts
Registered users are entitled to the first digital issue of IPE with the compliments of the IPE.com team.
The prolongation for 18 months of pension funds’ exemption from posting collateral when trading over-the-counter (OTC) derivatives is leading PensionsEurope to seek clarification.
There is increasing attention in Brussels on company reporting, taxation and offshore financial centres. The G20 and some OECD countries have demanded country-by-country reporting rules for multinational companies with a turnover over €750m
Legislation proposing pan-EU personal pension products (PEPPs) could be tabled in 2017, according to the European Commission
A former director of the European Association of Paritarian Institutions (AEIP) has proposed a new option for occupational pensions that could help the large number of workers whose careers take them across EU internal borders.
Valdis Dombrovskis has assumed responsibility as commissioner in charge of the flagship Capital Markets Union project. But he has also assumed the added complication of the withdrawal of the UK
It will not be the first time that proposed revisions to EU rules affecting finance and pensions get stuck in a logjam between interests groups
Pressure to clean up the financial sector has led to copious legislation from Brussels.
There are plenty of indicators of rising pressure to advance ethical standards across the financial sector. One outcome takes the form of mountains of clean-up legislation, including from Brussels.
Inadequacy of European national court systems in the financial sphere is due for overhaul. Upgrade is necessary if the EU’s capital markets union programme (CMU) is going to get anywhere, according to a high-status paper
Legislative moves to support the EU’s European Fund for Strategic Investments (EFSI) are being rushed through Brussels. But, so far, evidence of any torrent of fund movement by the institutional investment sector across EU frontiers has yet to emerge.
Conflict continues to simmer over the issue of passport rights for non-EU-domiciled hedge funds across the EU
It is a case of tackling one challenge after another in the Capital Markets Union (CMU). According to the European Commission, the present morass of different national insolvency rules creates a barrier to the flow of capital across the EU.
IORP II may have cleared the European Parliament’s committee stage but amendments tabled to the second directive covering occupational pensions since 2003 are so radical that it would be unwise to forecast its future.
Dismally low returns on EU pension fund investments over 15 years? The allegation comes in a study by Better Finance, the European Federation of Investors & Financial Services Users. The report, Pensions Savings: The Real Return, points to excessive fees, points to other charges, and badly framed taxation rules, as the culprits.
Brussels’ financial focus is on aggressive corporate tax planning and the related question of tax havens. This concerns the hedge fund ‘passport’ rights to do business across the EU and compliance of the offshore jurisdictions where they are domiciled to EU norms.
The process of making pensions policy in Brussels between now and end of the year resembles two juggernauts moving towards each other
The lack of demand rather than supply for both credit and capital is a common criticism from investors of the EU’s capital market union (CMU) programme
A few more European cross-border lending opportunities have started to emerge. This follows anticipation of the European Investment Plan launched by Jean-Claude Juncker
There has been a flurry of activity and comment from industry groups on the subject of bond market liquidity
There is enthusiasm for the EU’s capital market union (CMU) project. However, it faces prodigious obstacles in achieving its 2019 deadline.