All IPE articles in December 2006 (Magazine) – Page 5

  • Features

    Tough time for alternatives

    December 2006 (Magazine)

    The opportunities in Spain have become more restrictive for hedge funds, Gail Moss finds

  • Features

    Neatly stacking your alpha

    December 2006 (Magazine)

    Separating investments into alpha and beta portfolios is only part of the story. Jason C Hsu explains the concept of alpha stacking

  • Features

    ‘Smart’ diversification aids quest for stable high returns

    December 2006 (Magazine)

    Danish pension fund ATP has carried off the award for best liability-driven investment because of the innovative way it has transformed its business, creating a consistent framework not only for LDI, but also for investment-driven liabilities.The cornerstone of this approach is ATP’s belief that excellence in pension fund management requires ...

  • Features

    Deficit addressed without sacrifice of DB principles

    December 2006 (Magazine)

    Pension fund deficits have led to increasing pressure for the funds themselves to switch from a defined benefit (DB) to a defined contribution (DC) basis - and this generally means reduced benefits for scheme members. Like many other British DB schemes, the BAE Systems Pension Scheme faced the challenge of ...

  • Features

    Market-making activities solve problems of dominant size

    December 2006 (Magazine)

    As a fund that is negotiating the uncharted waters of a young pensions industry, the €656m AZ Obligatory Pension Fund of Croatia has won the Best Innovation Award for its bold move in becoming a market maker in government bonds.The Croatian pension system was reformed in 2002, the changes closely ...