All IPE articles in December 2004 (Magazine) – Page 6
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Features
Innovative combination of tools ensures reserves aplenty
Denmark’s biggest pension fund, ATP, with more than Dkr300bn under management and covering practically 4.9m members in the public sector, undertook a restructuring last year of its risk management process by reviewing two key areas: asset-liability modelling (ALM) and asset allocation adjusting. The two go hand in hand and ATP ...
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Features
Tapping into currency alpha
In years gone by, whenever we raised the subject of currency management with a group of pension plan trustees, it often evoked a very emotional response. The general feeling was that active currency management is a form of speculation that should not be permitted by pension plan trustees that have ...
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Features
Asia Pacific economies race ahead
Sentiment throughout the Asia-Pacific region is swinging upwards, as rising markets and inexpensive debt provide a compelling combination for cross-border investors. Those with existing portfolios are now realising attractive returns. However, risk fundamentals such as transparency, liquidity and efficiency remain challenges, so investors in the region should fasten their seatbelts ...