All IPE articles in December 2003 (Magazine) – Page 3
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Features
Coming out of the woods
It is cold in Stockholm but asset managers are happy. The market recovery has translated into new mandates for some Swedish houses, with the rest contenting themselves with the fact that the worst is probably over. At a safe distance from the downturn, managers say it had its benefits. The ...
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Features
Money market funds come in from the cold
The only sure-fire success for a fund promoter in recent times has been to offer investors some form of safe haven. Anything that has provided the promise of low volatility and a return of the invested principal has found a willing buyer. Money market funds have been one such success. ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...