All Features articles – Page 157

  • Features

    IASB mulls over average salary

    November 2007 (Magazine)

    “We can’t pretend that we’re not doing something that we’re doing,” Mary Barth told her fellow IASB members on 19 September. “I think we have to be honest with the world about what we’re doing as opposed to pretending that we are not changing things when we are.”The bad news ...

  • Features

    Welcome to ‘beta prime’ – the ‘new’ style of indexing

    November 2007 (Magazine)

    Some bold claims have been made on behalf of fundamental indexing. “I am not suggesting they should entirely replace traditional cap weighted indices,” concedes Rob Arnott, principal of US based Research Affiliates, ” but our indices offer better returns for low volatility.”These claims have persuaded some pension funds in Sweden ...

  • Features

    Come rain or come shine

    November 2007 (Magazine)

    With global warming no longer an ‘if’ but a ‘when’, interest has been growing in generating uncorrelated portfolio returns through weather-related risk instruments. John Bonaccolta reports

  • Features

    Why invest in company x?

    November 2007 (Magazine)

    Kurt Schacht proposes additions and amendments to current practices in the business reporting model

  • Features

    Deciding where Cordares wants to be

    November 2007 (Magazine)

    Adri van der Wurff, the new chairman of pensions provider and asset manager Cordares, talks to Leen Preesman about the course the company will take

  • Features

    Criticism mounts over Danish SP policy

    November 2007 (Magazine)

    Uncertainty over the future of the mandatory second pillar SP, long seen as a back door tax on Danes, continues with mandatory contributions suspended and its future under review, Rachel Fixsen reports

  • Features

    Open door policy

    November 2007 (Magazine)

    Laerernes Pension, the Danish teachers’ retirement fund believes that openness and diversification are fundamental to investment policy. However, Anders Bertramsen, portfolio manager, and Paul Brüniche-Olsen, chief executive officer, tell Brendan Maton that Laerernes will not be a guinea pig

  • Features

    Resurrecting endowments

    November 2007 (Magazine)

    Despite being debased by mis-selling scandals, traded endowment and traded life policies have a new life in the secondary market, finds Lynn Strongin Dodds

  • Features

    Knitting together the EU quilt

    November 2007 (Magazine)

    Europe requires private placements. Iain Morse reports on how this can be achieved

  • Features

    Surfing the second wave of fiduciary management

    November 2007 (Magazine)

    After the first wave of full-service fiduciary mandates, Dutch pension funds are beginning to pick and mix asset managers’ fiduciary offerings. David White reports

  • Features

    From football to the Karma Sutra

    November 2007 (Magazine)

    Geof Pearson, manager and secretary of the £3.8bn (€5.5bn) Sainsbury pension fund, retired recently after 18 years with the scheme.

  • Features

    Getting a regional view

    November 2007 (Magazine)

    Copenhagen-based consultancy Kirstein Finansrådgivning has completed its second annual Nordic investor survey. Jan Willers outlines some of its key findings

  • Features

    Too much of a good thing?

    November 2007 (Magazine)

    How much information is too much? One might ask that question after reading the provisions of the 401(k) Fair Disclosure for Retirement Security Act of 2007, a new bill that is sponsored by George Miller, a Democrat congressman from California. Last month a hearing on the bill was held at ...

  • Features

    Thank goodness that's over

    November 2007 (Magazine)

    Yield/curve duration There is a sense of thankful relief that the third quarter is well and truly behind us, although September saw a great reversal of the flight to quality wave that so swamped the markets in July and August. As a result, government bonds have given back to the ...

  • Features

    Laurus shows the way to LDI

    November 2007 (Magazine)

    Laurus pension fund has pioneered the use of liability-driven investment in its investment strategy. Dick Kamp, chief executive of the fund, tells David White how LDI has performed

  • Features

    Running to stand still

    November 2007 (Magazine)

    Heather McKenzie finds that JPMorgan’s white label deal with Swedbank could prove to be a model that can be repeated elsewhere

  • Features

    The challenge to deliver China exposure

    October 2007 (Magazine)

    Recent studies suggest Chinese hedge funds are becoming more like their counterparts elsewhere. Richard Newell reports

  • Features

    Taking off for new horizons

    October 2007 (Magazine)

    Blue Sky Group is a European pioneer in using extension strategies. David White hears the story so far

  • Features

    Why 130/30?

    October 2007 (Magazine)

    Amid the enthusiasm for the 130/30 concept, there is a general recognition that 30% is not necessarily the optimal level for the short component. Hugo Greenhalgh reports

  • Features

    Counting the costs of extension

    October 2007 (Magazine)

    Short extension means cost extension. With 130/30 products costing more than their long-only counterparts, managers need to justify their figures. Maha Khan Philips reports