All Features articles – Page 615

  • Features

    UK: Prospect of steady growth

    February 1997 (Magazine)

    The minimum funding requirement (MFR) will have little impact on the investment strategy of the £1.5bn ($2.4bn) Philips UK Pension Fund as the fund carried out an asset liability study in 1993. It has since moved from a minimal position in index-linked gilts to a current holding of over £400mn ...

  • Features

    USA: Native speakers hushed

    February 1997 (Magazine)

    The US equity market has been experiencing a long-term bull run. One result has been a significant move into index-tracking funds. It is important to evaluate the US fund groups as managers of domestic and international equities. This analysis takes a deliberately skewed look at the markets, from the perspective ...

  • Features

    UK: PFPVs make progress

    February 1997 (Magazine)

    Progress towards setting up Pooled Fund Pension Vehicles (PFPVs) continues, with the Guernsey and Jersey authorities giving a yes vote to the plan. Approaches have been made or are due to be made to 13 other national tax authorities, while Ernst and Young, the firm overseeing the introduction of PFPVs, ...

  • Features

    Moving on to a wider stage

    February 1997 (Magazine)

    The success of foreign fund managers in last year’s Belgacom outsourcing may force the locals to look to their laurels, writes Fennell Betson

  • Features

    UK: New products, new providers

    February 1997 (Magazine)

    Ten years ago, the vast majority of UK pooled funds were mixed funds provided by insurance companies. These funds invested in a range of securities and bonds, with the two key choices of asset allocation and stock selection left to the manager’s discretion. Over time these funds have increasingly held ...