All Features articles – Page 75
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Features
Diary of an investor: Smart thinking
Last month I spoke to Katrine, who has taken over as CIO at Pension København, to discuss the co-operation agreement we signed a couple of years ago. When we finished talking about wind farms we discussed risk-and-return sources. Like some of the large Danish pension funds, PensionKøbenhavn has done a lot of work on this subject.
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Features
EIOPA ignores industry ire in stress test crusade
Would Europe’s pension funds be able to withstand a sudden reversal in asset prices, with the stock spreading across all developed nations?
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Features
Focus Group: Recovery to continue
Fourteen of the 21 investors polled for this month’s Focus Group are confident that Europe’s economic recovery is sustainable in the medium term. “No inflation and labour problems are too serious to be solved in the next 18 months,” said an Italian fund.
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Features
ESG investment: A Japanese carrot and a stick
In 2014, four years after the UK, Japan became the first country to issue a similar Stewardship Code. He look at the cultural shift occurring in a market traditionally lacking engaged investors
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Features
Briefing: What the IASB insurance model could spell for pensions
With the IASB about to embark on an overhaul of pensions accounting, Stephen Bouvier looks at what it might mean to apply the board’s insurance liability model to a pension promise
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Features
ECB should not allow funds to suffer ‘collateral damage’
The European pensions industry must not become collateral damage as the European Central Bank (ECB) rolls out its quantitative easing (QE) programme and increases pension deficits, PensionsEurope has urged
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FeaturesAsset allocation: The big picture
Are strong equity markets signalling an optimistic outlook for economic growth? Possibly, although economic data – particularly from the US and China – has been pretty disappointing since the start of this year. This year’s strong equity performance may have more to do with the fact that money remains extremely easy and economic growth, although dull, remains steady.
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Features
Ahead of the curve: Is there a bull in the China shop?
The rise in Chinese stocks up more than 60% since late 2014 has raised concerns about a bubble that might burst
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FeaturesEvent shortfall: Taking account of unmeasured opportunity costs
Investors should be aware of the costs incurred when reallocating assets within portfolios
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Features
Fixed income: 2015 in sovereign bonds
The first four months of 2015 were characterised by a rally in sovereign bond markets, aided by accommodative central bank policy and mounting uncertainty over the sustainability of Greek debt.
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Features
Pensions Tracking: On the right track
There are innovative plans to help pan-European workers make sense of their cross-border retirement savings
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FeaturesFlying the long-term flag
Rather like attitudes to motherhood and apple pie, there is no serious or fundamental opposition from institutional investors to the principle of long-term strategies like infrastructure or real economy lending
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Features
Hard to explain
The European Central Bank’s QE programme is taking its toll on pension funds as healthy returns are unable to keep pace with liabilities
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Features
European Loan Markets: Lending expertise
The European loan market is back in business. 2014 was the first year of net growth – about €30bn worth – since the financial crisis
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Features
Private equity: Filling the gap
Substantial fees and the plethora of private equity funds available mean that all but the largest institutional investors need external advice and support
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Features
ESG: ELTIF - Waiting in the wings
Will European Long-Term Investment Fund live up to the hopes of the socially responsible investment community?
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Features
Diary of an Investor: Technological hurdles
Geert, our head of investment research, comes in to the office one April morning with a new gadget. ‘This is the future,’ he announces, showing off a new smart watch
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Features
Nordic countries: Pension risk takers
The Nordic countries are today home to some of the most innovative pension funds, which one observer believes is in part due to an “engineering mentality”
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Features
Focus Group: Cooler on credit
Six in 10 respondents to this month’s Focus Group think that credit has become more important in their fund’s portfolio over the past five years
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Features
CEE Pensions: Fight for survival
The policies of a number of Central and Eastern European governments towards funded first pillar pensions have left some funds wondering about their future
