All Features articles – Page 263
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Features
Real estate attractions explored
Delegates to the first IPE Real Estate European Investor Forum, held in Barcelona last month, gathered to hear some of the leading lights of the real estate industry talk about current issues, global real estate markets and the investment options open to pension funds. The one-day event was organised by ...
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Features
Back on a roll
Things are coming back together again - that’s official - but not as we knew them. Ron Logue, bright-eyed and bushy-tailed, has slid his legs firmly under the CEO’s desk at State Street’s new HQ building in Boston. He clearly feels at home and relishing the challenges ahead. “The 1990s ...
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Features
Clwyd strikes the right risk/return balance
Clwyd Pension Fund, currently valued at £611m (e884m), is one of a growing number of local government pension funds in the UK that have made substantial allocations to alternative investments. Alternatives now represent 22% of the fund’s total portfolio. Of this 4% is allocated to currency funds, 4% to private ...
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Features
Portability begins at home
The lack of pension rights portability has been a long-running problem in Europe. Any switch from one pension scheme to another in a single country is likely to result in reduced pension rights. Moving across borders creates additional problems. Transfers may be complicated or even impossible, and benefits may be ...
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Features
European private equity: is there too much money being raised?
2005 will see significant capital raised in private equity with forecasts of some $230b to be raised globally and within this, Europe’s share is forecast to be $60b. The significant increase in Funds raised naturally leads investors to question whether this is a bubble with subsequent returns for private equity ...
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Features
Tectonic shifts in benefits landscape
A recent global survey of multinationals’ management of employee benefits programmes conducted by Towers Perrin*, revealed two consistent motivations: a desire to control costs and a need to manage risk. If innate good practice was not driving companies in this direction, regulators have now wrenched the steering wheel and opened ...
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Features
Between a rock and a hard place
News that a conference on longevity and the capital markets in February was so massively oversubscribed that a video link had to be set up to accommodate the overspill demonstrates just how topical this issue has become recently. The conference came on the heels of news that both the French ...
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Features
BNY sets out its stall
There is nothing like starting the New Year with a statement of intent, and the Bank of New York (BNY) has certainly been fast out of the gate. It marked the arrival of 2005 with a clutch of new deals, alliances and acquisitions, including the purchase of Luxembourg retail transfer ...
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Features
Dynamics of building Swiss portfolios
In 2003 the Swiss private equity market was heavily affected by the re-engineering of corporate portfolios. Michael Peterson, director of 3i Schweiz, says: “From a general partner perspective, we have seen a remarkable wave of corporate restructuring. This resulted in the reorganisation of many corporate activities that led to some ...
