All Features articles – Page 82
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Features
Interview - BVI: When special becomes alternative
Thomas Richter, CEO of the German Investment Funds Association, discusses the AIFMD, the future of Spezialfonds and opt-out models for occupational pensions with Barbara Ottawa
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Features
A-shares on the rise
There are signs that European institutional investors find Chinese equities interesting. Finland’s Ilmarinen now separates China equity holdings (A and H-shares), in its reports, and Denmark’s AP Pension has boosted its China equity exposure to 5%, although it has excluded domestic property and banks.
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Features
How we run our money: In search of a future-proof ATP
Henrik Gade Jepsen, chief investment officer of ATP, tells Caroline Liinanki why he thinks the fund must adapt its portfolio structure
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Features
Infrastructure: Pension funds turn back on middlemen
European pension funds have long been aware of the benefits of infrastructure but, in 2014, the idea of co-investment with other pension funds has become a much more realistic option.
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Features
ESG: A means to capture value
Hendrik du Toit and Therese Niklasson tell Nina Röhrbein about ESG integration at Investec
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Features
Climate risk takes centre stage
This September’s United Nations Climate Change summit in New York combined political and show business razzmatazz with the gravitas of investors like Mats Andersson, CEO of Sweden’s AP4 pension fund, who addressed the UN General Assembly.
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Features
Diary of an Investor: Generation games
Now that my children are getting older they ask me more about what I do for a living and the questions are getting a bit more demanding. My eldest, especially, is at an age when questions come thick and fast.
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Features
ESG: Profit with purpose
In the wake of a recent G8 working group on impact investing, Jonathan Williams examines how pension investors view strategies with a social purpose
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Features
Hill’s grilling on an open fire
After two hearings and nearly six hours of grandstanding and deflection, rhetorical and leading questions, the European Parliament in October approved Jonathan Hill’s appointment as financial services commissioner.
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Features
Focus on new models
In this first article on a new study, Pascal Blanqué and Amin Rajan outline how pension funds are adopting new asset allocation models and governance practices
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Features
Focus Group: Is patience a virtue?
Over three-quarters of respondents polled for this month’s Focus Group consider their fund to be a long-term investor.
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Features
The hubris premium
Jeremy Lang and Ben Fitchew explain how company managers’ inherent cognitive biases and environment can influence company risk
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Features
Long-term Matters: Lost on Tesco
The UK Financial Conduct Authority’s inquiry into the supermarket Tesco is almost certain to miss a key part of the story – how investors enabled this dysfunctional culture. In September the retailer announced it had significantly overstated its first-half profit forecast.
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Features
No rush for auto enrolment
As part of their commitment to turn around their economies, Spain and Portugal have tackled pension issues, both by reducing expenditure and by taking the first steps towards making retirement systems fairer and more efficient.
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Features
Avoiding the trap
The decision by the IFRS interpretations committee to re-examine its asset-ceiling guidance should serve to focus minds once again on how defined-benefit plan sponsors can address the danger of a trapped surplus. Stephen Bouvier explores the issues with two experts from Aon Hewitt’s UK practices
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Features
The UK regulator has got its teeth back
Champagne corks were popping back in August near the UK’s south coast when Brighton-based UK Pensions Regulator (TPR) ended a six-year legal battle with the insolvent Lehman Brothers.
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Features
We’ve been here before
It looks like the International Accounting Standards Board has IAS19 in its sights once more, reports Stephen Bouvier
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Features
Risk – beyond the numbers
Risk can always be reduced to a set of numbers. But trustees play an important role both in setting the right risk objectives and in interpreting the signals, writes Gail Moss
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Features
The big picture
ECB president Draghi is certainly making a name for himself with his market-jolting, memorable speeches. In 2012, his strident call that the euro would be saved “whatever it takes” marked, or arguably triggered, Europe’s move out of its crisis. In August, Draghi made a speech in Jackson Hole that surprised many with the nature some of its statements, in particular his opining on Europe’s fiscal policy.
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Features
Focus Group: Contending with the ‘do-gooders’
Just over half of respondents polled for this month’s Focus Group said their fund has an overall ESG policy. Around the same number have an active engagement policy for corporate governance issues – and 21 have decided to exclude specific investment areas due to ESG considerations.
