All Features articles – Page 378
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Features
All quiet on the western front?
To gauge the temperature of the NPRF debate, we asked a number of opinion formers in Ireland, including professional bodies, trade unions and employers’ organisations for their views The Panel Ann Fitzgerald – secretary general, Irish Association of Investment Managers (IAIM) John Feely – chairman, Irish Association of ...
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Features
Performance and attribution analysis
Such a high-profile public fund as the NPRF needed watertight systems to monitor both the performance and risk profiles of the investment managers appointed. For this, the NTMA looked to specialist providers in the market. On the performance side, performance analysis outfit StatPro picked up the mandate to provide its ...
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Features
Titan annual changes
Dow Jones Indexes said it made changes to three of its Titans indices, as a result of the regular annual review. Five component stocks are being changed in the Dow Jones Global Titans 50 index – Chevron Texaco, Royal Bank of Scotland Group, PepsiCo, Barclays and AstraZeneca will be added ...
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Features
Custody award surprises competitors
One appointment by the NTMA that caused some surprise in the market was that of ABN Amro Mellon to the position of fund custodian. Observers had predicted that one of the larger custody players in Europe in terms of assets under custody might pick up the brief. Certainly with IR£8bn ...
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Features
Why the 'feel bad' sentiment
The current market circumstances give rise to some frustration for market commentators and participants alike. It is one of those periods during which it has become abundantly clear that the development of equity prices and interest rates is not one related to a certain set of factors but rather reflects ...
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Features
Drive to improve benefits
PSA Peugeot Citröen, France’s leading car manufacturer, is introducing an Article 83 defined contribution pension plan this month in a move designed to raise the retirement benefits of its employees. The plan will cover all employees of the PSA group’s French automobile, logistics and transportation businesses whose earnings are above ...
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Features
Choosing from the world's best
Once the decision was taken that the National Treasury Management Agency would look after the overall management of the National Pensions Reserve Fund, the need was to put together a specialist in-house team for the job. John Corrigan of the NTMA (the former director of funding and debt management) was ...
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Features
Waiting for better plans to emerge
The current move by some of the largest French companies to introduce Article 83 defined contribution plans for their employees suggests that they are not prepared to wait for a new pensions law and the products it will bring. PSA Peugeot Citröen is only the latest of a number of ...
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Features
A fund is born
When Irish finance minister Charlie McCreevy announced on 23 July 1999 that the Irish government had approved a new strategy to maintain the exchequer’s ability to finance future pension provision in Ireland through the creation of a giant reserve fund, the impact of his statement was by no means confined ...
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Features
Waiting for the break
With the holiday season almost here, there is almost tangible sense of relief in the bond market. Whilst one might expect investors and players in equities to be tired out by the vacillations and stomach turning downward lurches in stock markets, fixed income investors seem to have been equally drained ...
