All IPE articles in December 2014 (Magazine) – Page 3

  • Country Report

    How Swiss funds have achieved transparency

    December 2014 (Magazine)

    As part of the structural reform, §48a fig. 3 of the BVV law governing Pensionskassen investments was put in place to raise transparency in the reporting of asset management costs in the second pillar. 

  • Features

    Briefing: Pensions Accounting, Back to basics

    December 2014 (Magazine)

    The International Accounting Standards Board has revealed plans to issue a due process document on the future of pensions accounting. Stephen Bouvier asks where this might lead

  • Asset Class Reports

    Investing In Hedge Funds: About turn for top-down

    December 2014 (Magazine)

    Macro, the darling of the hedge fund world through the drama of 2008-09, has struggled in the subsequent low-volatility, low-rates environment. Joseph Mariathasan asks whether recent outperformance signals a more conducive backdrop for this family of strategies

  • Special Report

    Special Report – Outlook 2015: Political & Geopolitical Risk

    December 2014 (Magazine)

    It’s 2014, and geopolitical risk is back. It’s not as if nothing happened since the Berlin Wall came down, but the sudden confluence of a US government shutdown, Russia’s annexation of Crimea, the march of Islamic State and the polling successes of anti-EU parties, not to mention the threatened break-up of the UK, has concentrated minds. Citigroup research confirms there have indeed been more frequent elections and public protests since 2011 than in the preceding decade. 

  • Special Report

    Special Report – Outlook 2015: A year of eerie calm

    December 2014 (Magazine)

    While geopolitical activity has picked up markedly, financial market volatility has remained well below long-term averages. Emma Cusworth asks, are investors ignoring a build up of risk, or has the nature of the geopolitical game changed?

  • Gold, oil and volatility disappoint during 2014
    Features

    Special Report – Outlook 2015: Fear gauges refuse to budge

    December 2014 (Magazine)

    One of the defining characteristics of 2014 has been the return of geopolitical risk. For months there has been a constant stream of de-stabilising news from around the globe – from Russia’s annexation of Crimea to the advancement of Islamic State, pro-democracy demonstrations in Hong Kong and the spread of Ebola in West Africa and beyond.

  • Features

    Special Report – Outlook 2015: War on Europe’s frontier

    December 2014 (Magazine)

    The economic and financial impact of Russia’s annexation of Crimea and Ukraine’s ongoing civil strife are mostly limited to the prime actors, writes Daniel Ben-Ami. But the Baltics are also exposed, and risks would be posed to the rest of Europe by an escalation of sanctions or a disruption of ...

  • Special Report

    Special Report – Outlook 2015: Giving up freedom for security

    December 2014 (Magazine)

    Among the many casualties of the financial crisis, perhaps the least heralded but potentially of greatest long-term impact is the modern orthodoxy of central bank independence. Charlotte Moore describes how a new orthodoxy has been written

  • Features

    Special Report – Outlook 2015: Monetary politics

    December 2014 (Magazine)

    Central bank independence is both a recent and a far from universal orthodoxy, notes William White. But the financial crisis has left the world with less of it and the likely further erosion could have significant long-term consequences. 

  • Features

    Special Report – Outlook 2015: Taxing times for investors

    December 2014 (Magazine)

    A crackdown on multinational tax avoidance could have significant impact on corporate strategy and portfolio investment theses, writes Anthony Harrington