All Features articles – Page 272
-
Features
Fidelity's three-pronged assault
Fidelity Investments took its first big step into the European institutional market when it established operations in the UK in the 1980s. It is currently taking a second and possibly bigger step as it rolls out its business plans in continental Europe. Fidelity has had a presence in the Netherlands, ...
-
Features
Govvies back in the limelight
In these times of greatly diversified capital markets within Europe and exciting developments in corporate bonds, high yield or credit derivatives, it has become uncommon for the very low yielding government bond markets to be the real focus of investor attention. But as European and US interest rates have started ...
-
Features
Danes become more focused
Pension funds are the most important source of private equity finance in Denmark, easily outstripping corporate investors, banks and insurance companies. Even so, they have recorded a sizeable increase in investment over the past year. In 2002, the percentage of Danish private equity investment raised from pension funds was 33.4%, ...
-
Features
Flying below the radar
The E400m Belgian industry-wide construction scheme, FSE-FBZ, finished a major asset transition in May last year. The scheme is essentially a social fund, of which part will become a pension fund in the future. It was due to this change that restructuring was being undertaken. Because of the size of ...
-
Features
Plus ça change plus...
Change can be good for business. And if you are a transition manager, then definitely. The widespread rethinking of portfolio composition by institutional investors has given a boost to the transition management sector, even if the market slump that precipitated it has eroded the pension assets themselves. Transition management is ...
-
Features
Positively challenged
IPE asked three pension funds – one small, one medium and one large – in three countries – Denmark, the Netherlands and the UK – the same question: “What do you see as your major challenges in 2005?” Here are their answers: Steen Jørgensen, managing director and CEO of ...
-
Features
What credit ratings offer
It is increasingly accepted that defined benefit (DB) pension scheme deficits are ‘debt like’ in nature and that the financial strength of the sponsor is one of the key factors that determines the security of the scheme itself. A key measure of a sponsor’s financial strength is its credit rating. ...
