All Features articles – Page 277
-
Features
EIB to issue 'longevity bond' to match UK liabilities
The European Investment Bank is to issue a 25-year £540m (E775m) bond as part of a product designed by BNP Paribas aimed at protecting UK pension schemes against longevity risk. “We welcome this opportunity to further enhance EIB’s appeal among pension funds, through a con-tribution that can add a new ...
-
Features
Bond market is the key
Being small and in the middle of the Atlantic make Iceland easy for asset managers to overlook. Its prosperity, fully funded pension system and outperforming equity market mean that it is probably a mistake to do so. “Given the number of people living there it’s an interesting market,” says Peter ...
-
Features
Coordinated campaign rolls out redesigned and strengthened
ABP needs no introduction and it is no surprise that it has won yet another IPE Award, the Silver Award for Best Public Pension Fund 2004, thanks to its quick thinking and innovative pensions repackaging to ensure the survival of its defined benefit plan alongside the introduction of new products. ...
-
Features
Pick your stocks carefully
After many years at rock bottom, there finally seems to be some definite upward momentum in US interest rates. Tom Elliott is strategist at JP Morgan Fleming: “The fact that the Fed is continuing with its policy of raising rates has reassured the market that the economic recovery is on ...
-
Features
In the shadow of cash
For institutional investors, seeing significant amounts of cash among their assets can be irritating even if their guidelines allow fund managers to have up to 5% in cash. In general, they would naturally prefer to be fully invested in the asset class that they have designated the investment to be ...
-
Features
Celtic tiger ready to roar
The picture for Irish property looks set to improve in tandem with the wider economy. Growth forecasts for the Irish economy have increased significantly over recent months with the latest economic data suggesting a strong recovery in economic conditions. GDP growth of 4.5% is now anticipated for 2004, with 5% ...
-
Features
The dilemma of choice
Increasingly, the trend is for DC pension plan providers to offer members of DC retirement plans more investment options. Economic theorists say this must be a good thing: the more choices people are given the better off they are likely to be. But are they? Do non-professionals have the necessary ...
-
Features
Too close for comfort?
On the face of it Finland’s tightly regulated pensions market, constrained by funding issues, might seem to offer rather infertile terrain for dynamic asset management. But while Finnish asset managers find their hands tied in certain respects, they and their clients are forging closer relationships. Too close for comfort, some ...
