All Features articles – Page 400
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Features
More accountability for UK consultants
Alan Botterill’s claim that the Myners report is just one part of the jigsaw, is a sentiment shared by every other consultant interviewed by IPE. They agree that 2001 was frantically busy and a year in which the industry faced an unprecedented number of changes. It’s not just the Myners ...
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Features
Actively managed ETFs' headway
Europe’s leader in transactions of exchanged traded funds (ETFs), the XTF – Deutsche Börse’s segment for ETFs – has also been pioneer in introducing actively managed trading funds back in November 2000. More than a year after the introduction of this new type of trading funds, investors are becoming more ...
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Features
Kottman Advisory formed
Felix Kottmann, the former member of the executive committee at Swiss consultants Complementa, who left the firm earlier this year, has set up his own consultancy firm. Kottmann Advisory is to provide customised services to a group of international institutional and private clients in Switzerland. Kottmann, who already works on ...
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Features
Troubled times for allocation
High volatility stress tests a strategic asset allocation. The dispersion of returns across managers will likely be wider and the dispersion of returns across the peer group against which the plan sponsor is judged will also likely be wider. Other events associated with high-risk environments greatly increase the chance of ...
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Features
Petroleum fund appoints nine managers
The NOK547bn (e68bn) Norwegian Government Petroleum Fund (Petroleumsfondet) has appointed a raft of nine new managers to small and mid cap and sector driven equity mandates. Agreements have been reached with four external managers to run portfolios of small and medium-sized companies with the mandate winners as follows. Deutsche Asset ...
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Features
German pensions and the 'average' pensioner
Within the scope of the German pension reform (the “Riester-Rente”, named after labour minister Walter Riester) there will be a reduction of the state pension from 70% to 67% of the last net income after a complete career. The gap will be filled by additional tax relief for private savings ...
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Features
Benchmarks are for beating
There was a time when British university lecturers carried around bundles of individual life assurance policies accumulated throughout their careers as part of their retirement arrangements. By the mid-1970s, the folly of this approach had become apparent, leading to the establishment of the Universities Superannuation Scheme. It is now the ...
