All articles by Daniel Brooksbank – Page 107
-
News
Harrigan voted out as CalPERS president
US – Sean Harrigan has been ousted as president of the California Public Employees’ Retirement System, or CalPERS.
-
News
IBM in European pension pooling re-think
EUROPE – Computer giant IBM is understood to have had a re-think about pooling its European pension assets because of uncertainty over tax harmonisation.
-
News
Refco boosts European institutional sales
EUROPE – Hedge fund firm Refco Alternative Investments has boosted its European hedge fund sales push with the appointment of a senior European sales executive.
-
News
IPE-QUEST: UK pension fund tenders overlay
UK – A UK investment consultant has tendered a currency overlay brief worth 100 million pounds (145 million euros) via IPE-Quest.
-
News
State Street GSS keeps British Airways custody
UK – State Street Corp. says it has retained a 10 billion-pound (14.4 billion-euro) custody mandate from the British Airways Pension Trustees’ pension fund - previously serviced by the Deutsche Bank’s Global Securities Services arm it bought in 2003.
-
News
ABP named Best European Pension Fund
EUROPE – Stichting Pensioenfonds ABP, the largest pension fund in Europe, was tonight named the best pension fund in Europe at the annual IPE Awards in Zurich – winning for the second year in a row.
-
News
Higher payments seen in Poland indexation change
POLAND – Poland will see “substantially” higher pension payments in 2006 follow a change in the pension indexation system, a new report states.
-
Features
EIB to issue 'longevity bond' to match UK liabilities
The European Investment Bank is to issue a 25-year £540m (E775m) bond as part of a product designed by BNP Paribas aimed at protecting UK pension schemes against longevity risk. “We welcome this opportunity to further enhance EIB’s appeal among pension funds, through a con-tribution that can add a new ...
-
Features
Pooling power and fears for the Swiss second pillar
A London conference on pension pooling learnt that not only could the market be worth up to a trillion euros over time – but that the technique might even be a way for corporate schemes to take trustees out of the loop. “We’re talking about very big asset pools,” Willie ...
-
News
Multinationals to consolidate pension advice - survey
GLOBAL – Multinational companies are likely to consolidate their pension advisors and service providers as they seek to exploit economies of scale, a new survey has claimed.
-
News
New trustee chairman named at UK’s Royal Mail
UK – Jane Newell is to take over from Roy Chapman as chairman of Royal Mail Pension Trustees Ltd., which oversees the 12 billion-pound (18 billion-euro) deficit-hit Royal Mail pension scheme.
-
News
EU not debating demographic crisis – Patten
EUROPE – Former European Commissioner Chris Patten has said there is little political debate yet at the European level about demographic ageing – and warned the crisis is not a good basis for European integration.
