Investor Strategy – Page 132
-
News
Merging LGPS 'impossible' for governance reasons
[13:00 CET 12-01] UK – The case for merging the administration of the Local Government Pension Scheme (LGPS) is strong enough to overcome any minor obstacles, however the practicalities of consolidating the investment side would be “difficult if not impossible”, according to a former manager of two LGPS schemes.
-
News
Young Germans put pensions back on the agenda
[16:50 CET 11-01] GERMANY – Young Germans are thinking about supplementary retirement provision again for the first time since 2008, according to a study conducted by Union Investment.
-
News
Pensions funds consider shift back into property
[16:40 CET 11-01] EUROPE – European and North American pension funds are planning to increase investments in real estate over the coming year and the majority of schemes are reviewing external managers, an asset allocation survey has suggested.
-
News
Pensions risk could be traded under new DC design
[15:45 CET 11-01] EUROPE – A proposal for a new type of guaranteed defined contribution pension scheme has been unveiled, which splits members into age-based funds and then allows them to trade certain benefits or assets between each other.
-
News
Experts warn of cracks in pension NEST egg
UK – The new national workplace pension scheme that will begin operating early next year has been rebranded as the National Employment Savings Trust (NEST). However, pensions experts say they are still concerned about the impact of means-testing and the delay of full implementation until 2017.
-
News
APG presents solutions to collective DC risk sharing
[15:45 CET 08-01] NETHERLANDS/UK – APG Asset Management has presented proposals to create hybrid collective pension schemes using age-differentiated lifecycle investing – a move that could help spread risk between generations.
-
News
Kesko becomes latest corporate to transfer pension
[15:30 CET 06-01] FINLAND - Kesko, Finland’s main trading sector services provider, has followed a trend set by several other employee sponsored pension schemes in Finland and announced it will transfer the management of its statutory pension provision to €22.9bn Ilmarinen Mutual Pension Insurance Company.
-
.jpg)
NewsWithout risk there is no need for funded systems – VFPK
[15:30 CET 23-12] GERMANY – Funded pension vehicles need to take some risks to ensure added value for employees, says Peter Hadasch, head of the German federation of company pension schemes VFPK.
-
News
Not a good time for interest rate matching - IPE survey
[15:00 CET 23-12] EUROPE - Now is not a good time to use assets to match interest rate risk in a liability-driven investments (LDI) strategy. Bond yields are too low and assets are better employed seeking yield elsewhere, according to 61.5% of pension funds responding to an IPE survey.
-
NewsSSgA wins Clwyd absolute return mandate
[16:00 CET 22-12] UK – Flintshire County Council has appointed State Street Global Advisors (SSgA) to run a £20m (€22.4m) absolute return mandate for the Clwyd Pension Fund.
-
NewsPfZW hopes to secure new pensions contract in 2010
[14:00 CET 22-12] NETHERLANDS – Officials at PfZW, the €81.9bn industry-wide pension fund for Dutch healthcare workers, are hoping by next summer to have completed a three-year bid to secure a new pensions contract for all of its members and partners.
-
NewsSwiss Alcan pension secures recovery plan
[13:30 CET 22-12] SWITZERLAND – The Swiss multi-employer fund Alcan will be levying additional contributions next year, under a new head who has yet to be named.
-
News
Dutch Nutreco scheme could impose 3% benefits cut
[16:45 CET 21-12] NETHERLANDS - The €244m pension fund of animal nutrition company Nutreco will cut the pension rights of its participants by 3.1% in 2012, if its five-year recovery plan does work out as anticipated.
-
News
Four in 10 Swiss pensions changed asset allocation - Hewitt
[14:30 CET 18-12] SWITZERLAND – Most Swiss underfunded pension schemes chose to cut or abolish indexation above the legal minimum but only 40% changed their asset allocation as a result of the crisis, Hewitt Switzerland found in a survey.
-
News
Russian wealth fund timed equity move to reap market turn
[14:00 CET 18-12] RUSSIA - Russia’s sovereign National Wealth Fund has benefited to the tune of billions following a move earlier this year - to invest in domestic equities - that has been described by analysts as the “trade of the decade”.
-
News
Dutch charity adopts fiduciary management
[16:50 CET 17-12] NETHERLANDS – Prins Bernhand Cultuurfonds, the €120m Dutch charitable foundation, has appointed SEI as a fiduciary manager for 90% of its assets.
-
News
New chief at Austria's VVP considers equity risk hedge
[16:00 CET 17-12] AUSTRIA – The Victoria-Volksbanken Pensionskasse (VVP) may hedge parts of its portfolio in 2010, its new head Axel Hartleib, has told IPE.
-
News
Dutch trade union heads flurry of new entrants into PfZW
[15:30 CET 17-12] NETHERLANDS - The €450m pension fund of trade union FNV has signed a deal to transfer its members and assets into the PfZW industry-wide healthcare scheme, and others are expected to follow in the near future.
-
News
Ownership rights hinder Russian pensions reform
[17:05 CET 16-12] RUSSIA - The Russian legal system is hindering the progress of the country’s pensions reforms, according to a minister from the Department for National Health Services and Social Welfare.
-
News
FRR to offset its own carbon footprint
[16:10 CET 16-12] FRANCE – Officials at the French national pension reserve fund, FRR, are moving to limit the impact of the body’s own greenhouse gas (GHG) emissions, by investing in a Latin American ESG project generating green energy.
