All IPE articles in December 2010 (Magazine) – Page 2

  • Features

    A cornerstone of excellence

    December 2010 (Magazine)

    In the fifth and final article in a new survey, Jervis Smith and Amin Rajan argue that outsourcing is no longer a nickel-and-dime business

  • Features

    Get converted

    December 2010 (Magazine)

    The convex payoff of convertible bonds is well-suited to these uncertain times. But Martin Steward asks how easy – or desirable – it is to maintain optimal convexity

  • Features

    Common-sense overlay

    December 2010 (Magazine)

    Brendan Maton spoke to Jo Ray, who runs the pension fund of Lincolnshire County Council on England’s east coast, about the fund’s common-sense approach to in-house and external asset management

  • Special Report

    Cleantech: no longer a dirty word

    December 2010 (Magazine)

    Smart grid and biomass are two sectors investors in renewables might consider if they are looking beyond the more traditional headline-hitting solar and wind energy. Nina Röhrbein reports

  • Opinion Pieces

    Public vote for change

    December 2010 (Magazine)

    The Republic victory at the November elections has huge implications for public pension funds. The results are, in fact, supportive of reform to retirement systems that are threatening to bankrupt several state and local administrations. A few newly elected governors advocate moving towards a hybrid pension model where at least ...

  • Switzerland: BVK rises from the ashes
    Country Report

    Switzerland: BVK rises from the ashes

    December 2010 (Magazine)

    The head of asset management is new, the CEO remains in place for stability and a package of recovery measures should take care of the deficit. Barbara Ottawa asks whether all is really well at the Zurich canton pension fund

  • Features

    Tailor-made alternatives

    December 2010 (Magazine)

    Diversified alternatives strategies place an emphasis on the client’s needs and the manager’s role, and have found favour with London Borough of Newham, as John Turnbull explains

  • Country Report

    Switzerland: Alternative route to diversification

    December 2010 (Magazine)

    Are Swiss pension funds overcoming their traditional aversion to hedge funds and alternatives? Nina Röhrbein reports

  • Asset Class Reports

    Hedge Funds: Angling for alpha: pension funds talk hedge funds

    December 2010 (Magazine)

    When he isn’t managing the alpha traders at Denmark’s state pension fund, ATP Alpha CEO Fredrik Martinsson likes nothing better than to get out with his rod and line – so it’s no surprise that he reaches for an angling metaphor to explain his understanding of alpha.

  • Special Report

    Asset Allocation: Slow and steady

    December 2010 (Magazine)

    They are not racy or sexy and they are certainly not the next hot thing. But Peter Taberner finds that ‘high quality’ equities might suit investors’ jaded palettes

  • Special Report

    Asset Allocation: Just got bigger

    December 2010 (Magazine)

    Euan G Munro discusses structural changes to the role of asset allocator and asks whether they should be empowered with further responsibilites within the investment process

  • Asset Allocation: Raincoat and sunglasses
    Special Report

    Asset Allocation: Raincoat and sunglasses

    December 2010 (Magazine)

    Today’s distorted and correlated markets confound asset allocation. Martin Steward asks when normalisation will be restored, and how to manage the transition

  • Features

    Headhunters ahoy

    December 2010 (Magazine)

    Last week a headhunter called me. ‘Pieter, do you know any investment directors at pension funds who might want to transition into investment consultancy?’ With things in Holland not exactly optimal there are a couple of hundred people who might be interested. But what I say is: ‘I am not ...

  • Features

    Stalemate ahoy

    December 2010 (Magazine)

    The debate on the reform of pensions and the creation of systems that are “adequate, sustainable and safe” has now moved from the European Commission and into the European Parliament. This institution is now developing its follow-on to the Commission’s Green Paper that set out a series of questions in July. But Parliament’s challenges appear to be formidable.

  • Opinion Pieces

    George Hoguet, State Street Global Advisors

    December 2010 (Magazine)

    As the industry ponders the medium-term implications of quantitative easing, sharp fiscal adjustment in Ireland, Greece and elsewhere, intervention by the Bank of Japan in the Japanese equity market, ‘currency wars’ and the future of the Obama presidency, they must confront a stark reality.

  • Country Report

    Switzerland: The big squeeze: active vs passive

    December 2010 (Magazine)

    Emma Cusworth asks if active management is stifled by the concentrated nature of the Swiss market

  • Features

    AP1 gets tough on global custody

    December 2010 (Magazine)

    In the wake of the crisis, the giant AP1 is looking for a new global custodian and is setting stringent operating conditions. Iain Morse reports