All Features articles – Page 386
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Features
Pointers to choosing managers
The process of selecting a fund of hedge funds manager starts with the initial rationale and process for including hedge funds in a scheme’s asset allocation. By looking to include hedge funds in the asset allocation, the pension scheme investors will have been driven by some of the following thoughts ...
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Features
Drive to increase pensions coverage
If anyone should be purring, it is Anne Maher, of the Pensions Board in Ireland, where she is chief executive. Last month, the new Pensions Act passed through both houses of parliament and was signed by president McAleese. This was the culmination of five years of work for the Pensions ...
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Features
Social security creates space for DC plans
Portugal’s new centre-right government, which came to power in March, could provide a spur to the development of private pensions in general and defined contribution (DC) plans in particular. This appears to be the consensus of the country’s pensions industry. Publicly, the view is that nobody knows what the new ...
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Features
'A guide to currency overlay management'
Deutsche Bank Global Markets Research has published a 70-page report titled ‘A Guide to Currency Overlay Management’. The report concludes that “investors and plan sponsors should consider increasing their focus on both the risk of, and the potential returns from FX” since “historical performance data suggest that active management of ...
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Features
Dipping a toe in the water
With equity markets in the doldrums, investors are turning their attention to alternative investments such as hedge funds for their high potential returns and their ability to reduce overall portfolio risk. Over the past decade or so, the global hedge fund industry has grown rapidly from an estimated 1,500 funds ...
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Features
Dutch stick by their guns
Pension funds in the Netherlands are reviewing their position. Both the investment and liabilities sides of this very developed market are under scrutiny after a prolonged period of disappointing investment returns and diminishing pension reserves. A model to follow for other European countries when it comes to pension provision, the ...
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Features
Market efficiency or hooliganism?
There are many myths concerning short selling. A recent example of misconception came from Hans Eichel, the German finance minister, in an article written for the ‘Personal View’ column of the Financial Times. According to the article, the German government has included, in its draft of a fourth Financial Market ...
