All articles by David White – Page 2

  • Why a global scope assures GTAA returns
    Features

    Why a global scope assures GTAA returns

    April 2008 (Magazine)

    In spite of recent reverses, global tactical asset allocation has developed from an add-on strategy to an integral part of a pension fund’s investment portfolio, according to a recent study. David White reports

  • Payden takes UCITS III baton
  • Strategically speaking
    Features

    Strategically speaking: Finles Capital Management

    March 2008 (Magazine)

    Finles Capital Management, a Dutch investment management boutique based in Utrecht, is unusual for at least two reasons.

  • Features

    Looking for alternative advice

    March 2008 (Magazine)

    Pension funds and other institutional investors usually go to established consultants for advice about traditional investments. But where do they go for advice about alternative investments, and in particular, hedge funds? David White reports

  • Off the record: Bean counters called to account
    Special Report

    Off the record: Bean counters called to account

    March 2008 (Magazine)

    Few issues have generated so much controversy among Europe’s corporate pension schemes as the application of international accounting standards (IAS). In Switzerland, the introduction of IAS19 has led pension lawyers to re-define Pensionskassen as defined contribution (DC) rather than defined benefit (DB) schemes in an effort to escape its provisions. In the Netherlands, industry-wide schemes have argued that the involvement of a large number of corporate sponsors has made the implementation of IAS19 impossible.

  • Features

    Weighing up the benefits of indexation

    January 2008 (Magazine)

    This month’s Off The Record looks at the issue of the indexation of pensions.

  • Features

    Patience and time

    January 2008 (Magazine)

    Silvio Vecchi, CEO and CIO of the European Patent Office’s pension scheme, tells David White of the importance of patience and time in avoiding the turbulence of the capital markets – a successful strategy given the fund’s growth

  • Features

    Novel approach hits problems

    January 2008 (Magazine)

    The aggressive strategy adopted by speicalist pension manager, Pension Corporation, to gain control of pension funds, has attracted plaudits and criticism as David White reports

  • Features

    Out of Africa

    January 2008 (Magazine)

    Although often seen as too risky, David White finds that the continent could be a useful outside bet

  • Features

    Keeping the pension fund commandments

    December 2007 (Magazine)

    One of the persistent grumbles from pension fund managers is that, although they themselves would approve a particular investment strategy or move into a particular asset class, they would never be able to persuade their trustees or governing boards who do not have a sufficient grasp of investment principles to ...

  • Features

    Analysing the analysts

    December 2007 (Magazine)

  • Features

    Fully funded

    December 2007 (Magazine)

    Sandy Flight, chief exchequer officer, Dundee City Council in Scotland, tells David White that the main objective of Tayside Superannuation Fund is to maximise overall return within reasonable risk parameters, and that means having a clear asset allocation strategy and sticking to it

  • Features

    How Vervoer handed over the fiduciary reins

    November 2007 (Magazine)

    Pensioenfonds Vervoer made headlines last year when it awarded a fiduciary management mandate to Goldman Sachs. Walter Brand, Vervoer CEO, tells David White what happened next

  • Features

    Private equity gets back to basics

    November 2007 (Magazine)

    While deal sizes may have shrunk because of the credit crisis, there is little evidence of a major downturn in buyout activity, writes David White

  • Features

    Encouraging a sense of security

    November 2007 (Magazine)

    The danger of any form of insurance is that it may encourage people to take risks they would not otherwise take. This is known as ‘moral hazard’ and it is one of the risks of providing solvency insurance and pension fund protection. There is an argument that, to avoid this ...

  • Features

    Laurus shows the way to LDI

    November 2007 (Magazine)

    Laurus pension fund has pioneered the use of liability-driven investment in its investment strategy. Dick Kamp, chief executive of the fund, tells David White how LDI has performed

  • Features

    Surfing the second wave of fiduciary management

    November 2007 (Magazine)

    After the first wave of full-service fiduciary mandates, Dutch pension funds are beginning to pick and mix asset managers’ fiduciary offerings. David White reports

  • Features

    Widening the net for asset pooling

    November 2007 (Magazine)

    Until now, asset pooling has been an option largely reserved for the bigger players in the Dutch pensions market. David White reports on an initiative to bring the benefits to smaller funds

  • Features

    The answer lies in the soil

    November 2007 (Magazine)

    As the world wakes up to the scarcity of land and turns its attention to food production needs, perhaps agricultural land makes serious investment sense. David White reports

  • Features

    Taking off for new horizons

    October 2007 (Magazine)

    Blue Sky Group is a European pioneer in using extension strategies. David White hears the story so far