All Features articles – Page 72

  • Features

    DC evolution, Netherlands style

    October 2015 (Magazine)

    A new pension law next year is expected to speed up the move from defined benefit to defined contribution pension schemes that has been taking place in the Netherlands in recent years

  • Features

    This is not a debt crisis

    October 2015 (Magazine)

    The widely held claim that the world is in the latter stages of a prolonged debt crisis should be challenged on more than one count 

  • Features

    Millennials: Cafe culture comes to Wall Street

    October 2015 (Magazine)

    Millennials are already changing the face of business and lifestyle. Christopher O’Dea looks at how this new-technology era is affecting economies and investment

  • Features

    Fighting a losing battle?

    October 2015 (Magazine)

    The Swedish government has been considering the future of its AP Fund system since 2011 but, until recently, with little discernible progress

  • Features

    US Illiquid Credit: Bankers by default

    October 2015 (Magazine)

    Structural changes in banking, regulation and low interest rates are transforming the illiquid loans market

  • Features

    From our perspective: Back to the future?

    October 2015 (Magazine)

    IPE’s 18-year history has been one of the expansion of funded pension systems. While countries like France have held out in favour of répartition, others have expanded the development of funded pension systems

  • Features

    Interview: Rolling back the barriers

    October 2015 (Magazine)

    Liam Kennedy discusses the role of research in institutional investment with Noël Amenc, who stepped down as director of the EDHEC-Risk Institute earlier this year

  • Features

    Asset Management: Expectations coming down to earth

    October 2015 (Magazine)

    In this final article on a new study, Nicholas Lyster and Amin Rajan argue that the tail winds from quantitative easing (QE) will be easing noticeably

  • Features

    Nordic investors change approach

    October 2015 (Magazine)

    Market volatility and the pursuit of yield have been a concern for pension funds since the 2008 market crash. But while the end of 2014 saw solid equity returns and fixed income holdings artificially inflated by lower yields, the first six months of 2015 saw markets hit by uncertainty

  • Features

    Smart Beta Investing: A wealth of ambiguities

    October 2015 (Magazine)

    Separation of smart beta strategy development from index implementation makes it unclear who is accountable from a fiduciary perspective, argues Jeremy Baskin

  • Features

    Asset Allocation: The big picture

    October 2015 (Magazine)

    Another summer passes with huge market moves and chaotic trading days. China’s stock markets ‘wobbles’ are still ongoing, and while emerging markets – especially in Asia – are still being sorely buffeted, more developed markets have attained some degree of calm.

  • Features

    Demographics: Global Growth - Doldrums ahead

    October 2015 (Magazine)

    Niels Jensen argues that an ageing population and lower productivity are the biggest threats to global economic growth

  • Features

    Ahead of the Curve: Brands and the city

    October 2015 (Magazine)

    Doreen Wang says financial analysts should give a company’s brand a bigger line item in investment valuations

  • Features

    Pensions Accounting: A five-year plan

    October 2015 (Magazine)

    It’s that time again. The International Accounting Standards Board (IASB) has just launched a public consultation on its work plan for the next three years

  • Features

    Smart questions

    September 2015 (Magazine)

    There are plenty of interesting questions surrounding smart beta investment in an institutional context. First, does it work? Apparently it does, as academics find more and more evidence that it pays to have passive exposure to factors such as value, low volatility and small-caps.

  • Features

    Prudence penalty

    September 2015 (Magazine)

    As we mark seven years since the bankruptcy of Lehman Brothers this month, the blunt instrument of regulation still hangs over pension funds with respect to European derivatives trading

  • Features

    From Our Perspective: Who’s watching the watchers?

    September 2015 (Magazine)

    In some countries they are accused of heavy-handedness; in others they seem content to play a light-touch role. Either way, European pension regulation remains as diverse as the continent’s pension systems. The IORP II Directive, like its 2004 counterpart will be interpreted and implemented differently across the EU member states; harmonisation of regulation has not led to a harmonisation of regulators.

  • Barry Kenneth PPF
    Features

    How we run our money: PPF

    September 2015 (Magazine)

    Barry Kenneth, chief investment officer at the Pension Protection Fund, tells Taha Lokhandwala about the UK’s lifeboat fund’s innovative strategies

  • Features

    What can Europe do?

    September 2015 (Magazine)

    This year Italy will spend almost 15% of GDP on public pensions, higher than any other EU country, according to Eurostat

  • Features

    Diary of an Investor: Patience is a virtue

    September 2015 (Magazine)

    Once our half-yearly reports are out of the way, the summer months are usually a good opportunity to look through our portfolio holdings and to read up on the trends and forecasts that some of the industry’s foremost commentators are making