All Features articles – Page 109

  • Features

    One step forward, two steps back

    February 2012 (Magazine)

    Given the problems in Europe, distressed debt would appear to be all the rage, writes Joel Kranc. But waiting out events might prove to be even more lucrative

  • Features

    Back to the real economy

    February 2012 (Magazine)

    Government and bank debt is the problem, not the solution, writes Christine Johnson. If you want safety, follow the money – to large corporates

  • Features

    Stay on top of benefits

    February 2012 (Magazine)

    Gail Moss reports on best practice to ensure pensioners receive the right benefit at the right time

  • Features

    Change without regret

    February 2012 (Magazine)

    Liam Kennedy spoke with Angelien Kemna, chief investment officer of APG, the Netherlands’ largest pension asset manager with AUM of €278bn, about her policies of ‘minimum regret’ and ‘controlled simplification’

  • Features

    Changed landscape

    February 2012 (Magazine)

    Iain Morse outlines the effect impending regulations will have on the custody industry and defined benefit pension funds

  • Features

    Diary of an Investor: To be charitable

    February 2012 (Magazine)

    It is a windy morning at the end of January and I am driving to a conference in Amsterdam. 

  • Features

    Consultants could improve

    February 2012 (Magazine)

    Almost half of the respondents to this month’s Off The Record survey used investment consultants on a retainer basis, although just slightly fewer used them on an occasional or project basis. Only two respondents never use consultants.

  • Features

    A different world

    February 2012 (Magazine)

    Now we have reached the ripe old age of 15, IPE has achieved a fairly good perspective on things. Back in February 1997 when we published our first issue, e-mail was a novelty and hand-held computing devices were a twinkle in someone’s eye.

  • Features

    The real safe haven?

    February 2012 (Magazine)

    High yield is priced so keenly it would take a euro-zone break-up to really threaten investors, finds Anthony Harrington

  • Features

    Pensions with independence

    February 2012 (Magazine)

    Canadian pension funds underwent a transformation in the 1990s, writes Joel Kranc. Greater independence has bred a private investment-style mantra that is envied around the world

  • Features

    ‘Keep it simple’

    February 2012 (Magazine)

    To mark our fifteenth anniversary, we asked 15 European pension funds about the past, present and future of pensions. Although eight respondents to this month’s Off The Record survey felt the trend would abate, all believed that increases in pension members’ longevity would continue in the 2010s and 2020s. Only two felt their fund was badly prepared to deal with this. A Dutch fund commented: “We already calculate a future increasing life expectancy, and I think it will be less than our calculations.”

  • Features

    Pawns in need of a knight

    February 2012 (Magazine)

    Eastman Kodak retirees, both present and future, would appear to be in need of a hero. They will be wringing their hands over the news that the company filed for bankruptcy protection in late January. Those based in the UK, however, are likely to be a bit more concerned about their retirement, and with good reason.

  • Features

    Leader of the supertanker

    February 2012 (Magazine)

    ABP transformed itself in 2008 when it spun off APG to become an independent pension asset manager that could also manage assets for external pension funds.

  • Features

    Strategy and tactics

    February 2012 (Magazine)

    The annual strategy meeting of the Wasserdicht pension funds is always an interesting affair. We are meeting at a nice hotel in the area of Frankfurt, with a decent golf course. Helmut from our German Pensionskasse is our host and the chairman of the meeting.

  • Features

    Austria can learn from Denmark

    January 2012 (Magazine)

    Birgit Vogt-Majarek, Dr Natalie Seitz and Jakob Arffmann explain how Austria’s pension system might benefit from the experiences of Denmark in promoting greater participation of the over-50s in the labour market

  • Features

    Fears about Solvency II

    January 2012 (Magazine)

    Pension funds are broadly against Solvency II. Yet the EC is still assessing whether parts of it might apply to pension funds through a new IORP Directive, writes Nina Röhrbein

  • Features

    Solvency II again raises hackles in Frankfurt

    January 2012 (Magazine)

    The sixth European Federation for Retirement Provision (EFRP) conference as well as the European Insurance and Occupational Pensions Authority (EIOPA) conference were held in Frankfurt at the end of November and were a one-off for at least two reasons.

  • Features

    Infrastructure for all – but not with state aid

    January 2012 (Magazine)

    The UK chancellor, George Osborne, last year announced plans to attract £20bn (€23bn) of pension fund assets into infrastructure projects, backed by the National Association of Pension Funds (NAPF) and the Pension Protection Fund (PPF).

  • Features

    Alternative to euro-zone survival far worse

    January 2012 (Magazine)

    The euro-zone will survive, if only because the alternative to the current market turbulence would be worse, said former Swedish prime minister Göran Persson.

  • Features

    Another fine mess

    January 2012 (Magazine)

    Ollie: “Buying that bridge was no mistake. That’s going to be worth a lot of money to us someday.” – Way Out West (1937).