All Features articles – Page 331
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Features
Slow progress awaits reforms
Since the law regarding the creation of new pension funds in Italy came into force in 1993 the market has been developing slowly. A significant number of new pension funds are now fully operational but assets and subscribers are still low. However, 2002 was a good year for the consolidation ...
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Features
The benefit of the relative value strategy
Besides being an asset class in their own right, hedge funds can also be considered and used as a diversification tool within a specific traditional asset class. To incorporate hedge funds as a separate asset class into a global diversified portfolio, it is recommended to select the appropriate number of ...
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Features
In the same boat
The stable world of Norwegian pensions is at something of a crossroads. Spurred on in part by comments from the likes of the International Monetary Fund, which said earlier this year that Norway’s current public pension system is “not financially viable”, the country awaits the final presentation – expected in ...
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Features
Insurers' moves harsh wake-up call for Swiss pensions
For the second year in a row, Swiss pension plan members are being jolted from their easy-chairs by the impact of the bear market of the last three years. Eyebrows had already raised around the Cantons and beyond last year when the Swiss authorities cut the minimum income guarantee for ...
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Features
No longer running like clockwork
Like the country itself, the Swiss pension system has in the past been perceived as independent, prosperous and relatively unaffected by the vagaries of the outside world. This impression, however, has been challenged in recent years by the prolonged fall in stock markets and the dramatic effect this has had ...
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Features
Come on in, the water's lovely
Alternative investment strategies are registering notably high satisfaction rates in terms of performance among European institutional investors – despite the three-year bear market. The percentage of investors whose returns have so far met or exceeded expectations ranges from 66% for private equity, 79% for hedge fund investment and impressive figures ...
