All articles by Daniel Brooksbank – Page 126
-
News
Pensions accounting debate set to run – JLT
GLOBAL – Imminent agreement in the heated debate over accounting standards for pensions is unlikely, says a top consultant at Jardine Lloyd Thompson.
-
News
Ireland says sensible finances key for pensions
IRELAND – The Irish finance ministry says sensible management of public finances is key for pensions as the country faces up to population ageing.
-
News
AP2 working on new strategic portfolio
SWEDEN – Andra AP-fonden, the second Swedish buffer fund, is developing a mathematical model with a view to developing a new strategic portfolio.
-
News
Citigroup outlines plans for global property arm
GLOBAL - The new chief executive of Citigroup’s real estate arm has outlined its plans to create a “top tier” global real estate investment management business in an interview with IPE Real Estate.
-
News
Ex-NAPF chief Murray joins EPIC consultancy
UK – Peter Murray, the former chief executive of the Railways Pension Trustee Co Ltd. And chairman of the National Association of Pension Funds, has joined EPIC Investment Consulting.
-
News
ING eyes managers after pulling $5bn from Janus
GLOBAL – ING says it will place the five billion dollars (four billion euros) it plans to pull from Janus Capital Group with other US-based investment managers.
-
News
UK pension tax-relief move hits dividends – BOE
UK – The controversial removal of tax relief on dividend payments to pension funds is estimated to have cut company dividends by 31%, according to a Bank of England study.
-
News
EU Court “innovative” on pensions - ILO
EUROPE – The International Labour Organisation says the European Court of Justice’s work on pensions has been “innovative” – but says more is needed to make equal pension provision a reality.
-
News
UK at odds with Watson over liability estimate
UK – The UK government says it takes issue with Watson Wyatt’s estimate that the UK’s unfunded public sector pension liabilities are almost 600 billion pounds (888.8 billion euros).
-
News
Insight hires ex-Smith Barney equity chief
UK - Insight Investment says it has hired the former head of global equity strategy at Citigroup's Smith Barney, Matthew Merritt, as head of strategy, a new role.
-
News
KLP sticks with bonds as profit slumps
NORWAY – Pension provider KLP, reporting a 62% slump in quarterly profits, says it is sticking with its substantial bond portfolio.
-
News
Danica moves into equities as returns slip
DENMARK – Danica Pension, the life insurance and pension arm of Danske Bank, made a return on investments of 2.7% in the first half of 2004 - down from 4.8% a year before.
-
News
Hermes’ Macdonell joins Northern Trust
UK - Northern Trust Global Investments says it has hired Hermes Focus Asset Management’s manager of UK investments, Helen Macdonell.
-
News
Ex-Singer & Friedlander chief joins hedge fund
UK – Former Singer & Friedlander institutional head Peter Dencik has joined hedge fund group Key Asset Management as chief executive.
-
News
Henderson makes institutional, consultant hires
UK - Henderson Global Investors has made two new hires, boosting its institutional and consultant relations activities.
-
News
UK pension assets rise 16% to E1tn – report
UK – Pension fund assets in the UK have risen 16% to 709 billion pounds (1.06 trillion euros) as at the end of 2003, according to a new report.
-
News
Jardine Lloyd names Scotland benefits head
UK - Jardine Lloyd Thompson has named Eddie McGuire as managing director of its Glasgow-based Scottish benefits unit, JLT Benefit Solutions Scotland, a new role.
-
News
Dresdner chief sees German pensions 50% funded
GERMANY - Herbert Walter, the top executive at Dresdner Bank, says he expects the German pension system to become 50% fully-funded, from the current 20%.
-
News
F&C institutional assets hit by pension outflows
EUROPE – F&C, which is being bought by ISIS Asset Management, lost almost four percent of its institutional assets under management in the first half of 2004.
-
News
USS names replacements for pensions chief
UK – The 19 billion-pound (28.4 billion-euro) Universities Superannuation Scheme has named replacements for former chief pensions manager Rosemary Mounce.
