All IPE articles in December 2003 (Magazine) – Page 2
-
Features
Take a common sense approach to cash
Let’s be honest, in a world of competing priorities cash management never seems to quite make it onto the hot ‘must do’ list but seems to hover, ghost like, just outside the activity zone. There is rarely an urgent imperative promoting it up the scale. This is a pity as ...
-
Features
High dividend aspirations with a choice of styles
The objective of Länsförsäkringar Liv is to achieve the market’s highest dividend interest over the long term. Containing costs, along with achieving the highest possible risk-adjusted returns, are the keys to doing so. As the life insurance arm of the Länsförsäkringar group, it benefits from substantial economies of scale by ...
-
Features
Assessing impact of next year's French reforms
To give it its full title the French Law 2003-775 on pensions was definitively approved on August 21 this year and will be applicable as of January 1, next year. Its objective is to achieve an actuarial equivalence between private and public sector. This harmonisation principle of this law has ...
-
Features
Split model balances guarantee with growth
The fund was initiated jointly by the association of the chemical industry employers and the union of the chemical industry employees in Germany. Both associations still support the fund by promoting it among their members and both organisations send members to the supervisory board of Chemie Pensionsfonds. Financially, however, the ...
-
Features
Balancing benefits and contributions
Since 2002, when the Federal Republic of Yugoslavia was replaced by the union of Serbia and Montenegro, the two republics are replacing federal law such as pensions with republican legislation. With the two republics using different currencies – Serbia retains the dinar while Montenegro adopted the euro – a unified ...
-
Special Report
An SRI beast
Always a watcher of the latest trends, this Dark Beast is now considering establishing the Bête Noire SRI Fund, to fill a unique market niche. Being a heavy smoker, excluding tobacco companies doesn’t seem that attractive to this Beast. In fact smokers save money for the health service by shortening ...
-
Features
Reforming zeal of a big-picture man
If there is such a thing as a European pensions ‘time bomb’, then Frits Bolkestein, member of the European Commission responsible for Internal Market, Taxation and Customs Union, is one of the individuals most likely to help defuse it. This year’s IPE Award for Outstanding Industry Contribution goes not just ...
-
Features
Putting currency in the blend
We believe a sound investment approach for enhanced cash and short duration portfolios is through diversifying portfolios across global fixed income and currency asset classes. We view cash management in terms of actively managing along a risk spectrum, defined by the duration of the portfolio and the allocation to various ...
