All Features articles – Page 395
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Features
Narrowing focus to go global
Talking to Mellon’s Martin McGuinn makes it patently clear that last year’s deal to hive off its traditional retail and small business banking business Citizens, the Royal Bank of Scotland’s US subsidiary, marked a giant step for the Philadelphia-based group. He makes no secret of the fact that his objective ...
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Features
Making friends with split personalities
A product that offers the better of bond or equity returns looks like the ideal investment, but till now convertibles have been somewhat overlooked by pension funds. In the past the size of the market was the main drawback, since any investment would be too small to make a significant ...
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Features
Why primary and secondary funds of funds are still worth it
Over the past six years, private equity has experienced an aggressive growth, both in terms of capital under management and amount invested, and fund of funds with their specific techniques and particularities, especially pure primary and pure secondary funds, have demonstrated their various advantages. Even in such a tricky economic ...
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Features
Still hope for Taiwan
Asian countries still have a long way to go in the evolution of open, comprehensive and well-funded pensions systems. Each one has its own obstacles to overcome but Taiwan is typical of many in that it currently has a restrictive system that simply doesn’t work. Benefits for employees in the ...
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Features
Investors hungry for pfandbrief
During the past few years, there has been dramatic growth in institutional investor acceptance and investment into pfandbriefe and covered bonds around the world. Most of the current benchmark issues are being placed with investors outside of the home country of the issuer. What is interesting to note is not ...
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Features
Indexing puts pressure on indices
Index tracking for fixed income portfolios is growing in Europe, as the bond markets continue to become more diverse and more sophisticated. The fixed income arena has followed the trend for indexing as a whole, benefiting from the same sorts of advantages – in particular in terms of cost savings, ...
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Features
Putting inertia to work
Many people do not save enough for retirement, a fact that is a growing concern for the US government. But low saving rates are a problem also for US employers, because – according to NDT (non-discrimination testing) rules – the low participation of low-paid workers restricts the benefits that can ...
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Features
Markets at odds on interest rate trends
This year appears to be starting well, for the US and European economies at least. On both sides of the Atlantic, forecasters have been upgrading their figures as new data emerges showing surprising economic strength: the recent German Ifo and French INSEE surveys, US consumer sentiment, US GDP and Chicago ...
