All IPE articles in December 2007 (Online) – Page 5

  • News

    VBV poaches manager from IPE winner

    2007-12-10T11:45:00Z

    [12:45 CET 10-12] AUSTRIA – Günther Schiendl, head of investments at the APK Pensionskasse, will join the board at rival pension fund VBV from January.

  • News

    Concerns see Pearson remove UBS fund

    2007-12-10T11:30:00Z

    [12:30 CET 12-10] UK - Trustees of the Pearson Group pension plan will remove the UBS global optimal fund from its defined contributions investment range from January, on the back of “continuing concerns” about its investment returns.

  • News

    ATP acts to hedge inflation

    2007-12-07T16:05:00Z

    [17:05 CET 07-12] DENMARK - Denmark’s huge labour market pension fund ATP has been steadily increasing its exposure to the oil market and other investment sectors that will do well under conditions of higher inflation.

  • News

    Evidence sees plan types divided on DC choices

    2007-12-07T16:00:00Z

    [17:00 CET 07-12] UK - Pensions investor still face a “surfeit of choice” as seven out of 10 contract-based occupational defined contribution (DC) schemes give their members 20 or more funds to invest in, Watson Wyatt has found.

  • News

    'Lack of knowledge' to create high volatility – RCM

    2007-12-07T15:50:00Z

    [16:50 CET 07-12] EUROPE – Pension fund investors are being warned there is likely to be even higher market volatility in 2008 until all parties within the finance sector understand the true value of investments such as asset-backed securities and structured products.

  • News

    NAPF talks legal battle over 'pensions' VAT

    2007-12-07T15:30:00Z

    [16:30 CET 07-12] UK – UK-based pension funds are being urged by its representative body to launch a legal challenge to the government’s line on value-added tax (VAT) following a recent court ruling on when services are exempt.

  • News

    Structured products see Blue Sky thinking

    2007-12-07T15:15:00Z

    [16:15 CET 07-12] UK – A specialist asset management firm has been launched the UK to tap into the growing interest towards structured products.

  • News

    Raising retirement ages is a start - Mercer

    2007-12-07T14:45:00Z

    [15:45 CET 07-12] EUROPE – European governments are acting to tackle the growing pressure on retirement income, but doing so puts them at increase odds with their voters, according to consulting firm Mercer.

  • News

    Commodities taking Swiss funds’ fancy – Lusenti

    2007-12-07T13:00:00Z

    [14:00 CET 07-12] SWITZERLAND – Swiss pension funds voted commodities the winner among alternative assets when it comes to transparency, liquidity and costs, consultancy Lusenti finds in this year’s institutional survey.

  • News

    Economies to be hit, but miss recession - OECD

    2007-12-06T16:00:00Z

    [17:00 CET 06-12] GLOBAL – Economies are likely to see reduced growth as a result of the recent credit crisis and housing slowdowns in the US and Ireland but are expected to avoid a global recession, according to the OECD.

  • News

    Abn unveils ‘clean’ technology fund

    2007-12-06T16:00:00Z

    [[17:00 CET 06-12] EUROPE - Abn Amro is launching a specialist fund designed to target investment opportunities in climate change and environment-related firms.

  • News

    Pensions Bill fails to address auto-enrolment

    2007-12-06T15:30:00Z

    [16:30 CET 06-12] UK – Pensions experts have warned the UK government needs to do more to ensure there is a level playing field for the implementation of personal accounts in 2012, as current EU legislation suggests some defined contribution schemes will not be allowed to auto-enrol members.

  • News

    25% of CEE wealth to grow from pension funds – UniCredit

    2007-12-06T15:10:00Z

    [16:10 CET 06-12] EUROPE – Over the next two years pension fund assets will increase household wealth in Central and Eastern Europe by €83bn which is one fourth of the total growth, banking group UniCredit finds.

  • News

    C&W continues pensions buyout deliberation

    2007-12-06T14:45:00Z

    [15:45 CET 06-12] UK – The Cable & Wireless pension scheme is still pursuing the possibility of shifting its £2bn (€2.9bn) in assets into a pension buyout along with other options, officials the UK-listed company has stated.

  • News

    Legal threat to pensions arms trade decision

    2007-12-06T14:30:00Z

    [15:30 CET 06-12] UK – Trade union officials have warned Merseyside pension fund could face a legal challenge over a recent decision by local authorities to continue the fund’s investment in companies selling armaments.

  • News

    Prime minister sacks Polish pensions supervisor

    2007-12-06T12:00:00Z

    [13:00 CET 06-12] POLAND – The vice-chairman of the Polish Financial Supervision Authority (KNF) with responsibility for pensions, Iwona Duda, has been dismissed by the new Polish prime minister, Donald Tusk.

  • News

    Dutch journos joins Grafische Bedrijven

    2007-12-06T11:30:00Z

    [12:30 CET 06-12] NETHERLANDS – The €13m Dutch daily newspaper journalists’ pre-pension fund will be liquidated when its liabilities are transferred to the €6.4bn Dutch pension fund for the printing industry, Grafische Bedrijven (PGB).

  • News

    ABP reviews energy investments

    2007-12-05T15:45:00Z

    [16:45 CET 05-12] NETHERLANDS – The €218bn Dutch pension fund ABP is reviewing its investments in energy, the scheme's head of sustainability, Rob Lake has said.

  • News

    McCreevy questions EU regulatory setup

    2007-12-05T15:40:00Z

    [16:40 CET 05-12] EUROPE – The European Commissioner for Internal Markets and Services has raised concerns about the effectiveness of the financial services regulatory regime in light of the recent credit crisis, but doubts the prospect of an EU-wide regulatory body.

  • News

    AP7 moves to green energy plan

    2007-12-05T15:15:00Z

    [16:15 CET 05-12] SWEDEN - The AP7 Swedish buffer fund, Sjunde AP-fonden, said it is planning to invest SEK3bn (€319.2m) in environmental technology in the next three years via two fund of funds mandates.