All Features articles – Page 399
-
Features
UK pension funds report second year of negative returns
UK pension funds reported the worst returns last year for more than a decade, according to performance measurement consultants WM Company. WM says it is the second consecutive year of negative returns, the first time this has happened since it began its UK pension fund survey in the mid 1970s. ...
-
Features
Taking a long and hard look
Despite a tough year marked by investment underperformance, it wasn’t all bad news in the development of the Irish pensions industry during 2001. First there was the announcement of the tendering process for the C7bn National Pensions Reserve Fund (NPRF) and, a few weeks later the publication of the Pensions ...
-
Features
Isle of Man's international package
On 1 January the Isle of Man took an important step towards becoming a key jurisdiction for international pension schemes. The Retirement Benefits Schemes (International Schemes) Regulations 2001 came into effect, creating a framework that enables IoM government- approved international retirement benefits schemes, catering for non-resident members or individuals, to ...
-
Features
What next for investment?
Despite declines in the markets, equity investments were here to stay and investors should focus on the long term and stick to their strategic asset allocation. This was the message from panel members discussing their first topic of the session, namely, the future of the equity culture and focussing on ...
-
Features
Opening up third pillar market
The long awaited Irish Pension Bill was finally published in July last year, providing for the introduction of Personal Retirement Savings Accounts (PRSAs). This new step was welcome by the industry as a good means of promoting the further development of the Irish market for retirement. There had been criticism, ...
-
Features
Measuring up to standards
Most large investment managers now comply with performance presentation standards according to new research from PricewaterhouseCoopers. PwC received responses from 69 investment managers around the world for its report 2001 Global trends in performance measurement. The survey found that 95% of those who responded are either compliant with at least ...
-
Features
Wait for rout to be over
Plagued by serious structural problems, Japan is still a market for only the bravest of investors. Things can’t get much worse, strategists say. But is this necessarily an argument that improvement is on the horizon? Among the optimistic voices, Mike Collins, chief strategist with Pictet Asset Management in London, says ...
-
Features
More you saved - the more you pay
Revenue sharing is the “big secret” of the retirement industry. It can affect badly planned participants’ and sponsors’ results. People must unveil this secret and learn how to get better services for the money they pay. This is according to a research study just released by McHenry Consulting Group, a ...
-
Features
Spain takes up the reins
It’s easier to sparkle in a new role if a predecessor is seen to have failed dismally, and this is the case with Spain taking over the presidency from the much-maligned Belgians. In the few months prior to the handover at the beginning of the year, the prevailing opinion in ...
-
Features
SFIM triumphs
Singer & Friedlander Investment Management (SFIM) has won the mandate to run a pan-European equity portfolio for Procordias Pensionsstiftelse II. The active mandate, the size of which is not revealed, is to be benchmarked against the MSCI Europe (excluding Sweden) total return index, with the aim to outperform it by ...
-
Features
Consolidation hints abound
In line with most other European exchanges those of eastern and central Europe have suffered a disappointing year. Although traditionally less dependent on hi-tech stocks, nonetheless they caught a cold when the larger western exchanges caught a cold earlier this year. There are, nonetheless, some bright spots with at least ...
