All IPE articles in December 2004 (Magazine) – Page 5
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Features
Playing safe in Europe
The strengthening euro and the poor prospects for Euro-zone growth have combined to create a condition among Euro-zone equity investors which Rick Lacaille, chief investment officer at State Street Global Advisors (SSgA), describes as “Eurogloom”. “At the start of the year, analysts had generally been too optimistic by an ...
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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 ...
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Features
Funds are waking up to MMFs
In 1997 the US money market fund (MMF) sector had assets under management of $1trn (e770bn), compared with $7bn in Europe. By 2004 the US sector exceeded $2trn, while European funds were valued at $205bn. “I think there is scope for the European industry to go to $2trn as well”, ...
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Features
Norway's funds take stock
Norway’s hard-pressed life insurers and pension funds have enjoyed a brief respite over the past year. This has been provided by the Norwegian stock market which, helped by rising oil prices, has strongly outperformed international equity markets. Norwegian equities rose 25% in the first nine months of 2004 and 120% ...