All Features articles – Page 594
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Features
Docherty joins M&G
David Docherty is joining M&G Investment Management as a UK institutional fund manager from Gartmore this month, reporting to Will Nott, head of institutional business.
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Features
Not as easy as it sounds
For any multinational considering moving to DC in Europe, it is important to understand the environment in each country, as it is most unlikely that sophisticated US 401K-type DC plans will be possible. The European DC market is still developing, in terms of concept, employee acceptance and the tax regime. ...
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Features
UK support for EU pension reform
The UK pensions minister, John Denham, has strongly backed the Monti green paper, fuelling speculation that pensions reform could become a major theme of the UK’s forthcoming EU presidency.Warmly welcoming the green paper, Denham said: The commission’s analysis of the pensions problem is very much in line with the government’s ...
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Features
France looks to the world
The recent creation of CCR Actions shows just how things are changing in the French money management industry. CCR is the French subsidiary of Commerzbank. CCR Gestion manages Ffr39bn($6.5bn) but is overweight in fixed-income and money market products, which are generally declining. It needed to develop its equities business and ...
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Features
German strategies report
Consultants Buck Heissmann is nearing completion of one of the first comprehensive studies of Germany’s company pension strategies, which could lead to a re-assessment of the amount of pension assets under management. The study, commissioned by Goldman Sachs Asset Management, has the stated objective of identifying and cataloguing ‘Best practices’ ...
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Features
UK: on growth track
There is a discernible trend toward DC in the UK, although this may have been exaggerated. The following reasons for this were given by respondents, representing over 40% of UK occupational pensions by value, to the survey conducted by InterSec: increased job mobility; desire for transferability of savings; demand from ...
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Features
Inside track
Outsource your investment management is my cry!Let’s start off with something where protagonists fall clearly into one camp or another and for a multinational, in particular, it’s a key issue: How to manage the in-vestments?”I support the view that investment management should be outsourced to the fund management industry (and ...
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Features
The key to profitable lending
The key to making money from securities lending ultimately lies in the stocks you hold. Typically a UK pension fund will hold a majority of its assets in UK equities where supply can at times be greater than demand. Equities held in lesser developed countries with illiquid markets typically command ...
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Features
Swiss make the switch
Switzerland is a large and mature pension market in the sense that Swiss employers have typically provided a substantial pension package to employees (in addition to basic social security coverage.) The special factor about the Swiss implementation of the three-pillar system is that the second pillar is compulsory. This comes ...
