Investor Strategy – Page 132

  • News

    Sweden’s AP funds should be merged - report

    2009-12-07T15:45:00Z

    [16:45 CET 07-12] SWEDEN - A report has been published by an independent think-tank from within the Swedish Ministry of Finance suggesting the country’s first four pension buffer funds should be merged into one, to achieve scale advantages and potentially boost assets by SEK1bn (€958m) annually.

  • News

    Pension funds weakened corporate recovery – Watson Wyatt

    2009-12-07T15:20:00Z

    [16:20 CET 07-12] UK - Deficits in final salary pension schemes are making it much harder for UK companies to restructure and prepare themselves for an economic recovery, according to research by Watson Wyatt and the UK employers organisation the CBI.

  • News

    Consultancy sees Pensionsfonds growth

    2009-12-04T16:05:00Z

    [17:05 CET 04-12] GERMANY – New accounting rules and a higher levy charged by Germany's PSV pension insolvency fund could boost interest in the creation of Pensionsfonds, according to Febs Consulting in Munich.

  • News

    UK roundup: Environment Agency, Logica and Vodafone

    2009-12-03T16:10:00Z

    [17:10 CET 03-12] UK – The Environment Agency is seeking global bond managers for its £1.4bn (€1.5bn) active pension fund.

  • News

    SNPF appoints Aegon for fixed income

    2009-12-03T15:55:00Z

    [16:55 CET 03-12] NETHERLANDS – The €1bn Stichting Notarieel Pensioenfonds (SNPF) has awarded Aegon Asset Management a mandate to run part of its fixed income allocation and provide a fixed income overlay for an existing loans portfolio.

  • News

    Tories to review means-testing with personal accounts

    2009-12-03T15:50:00Z

    [16:50 CET 03-12] UK – Theresa May MP, the shadow secretary of state for work and pensions, has stated the current UK government's failure to address the impact of means-testing on the 2012 pension reforms will be one of the issues it will include in a review of the personal ...

  • News

    Deutsche Bank opens cross-border pension vehicle to clients

    2009-12-01T14:45:00Z

    [15:45 CET 01-12] GERMANY – Deutsche Bank has created a cross-border asset-pooling vehicle for its own pension assets, and is now inviting clients to join too.

  • News

    UK roundup - Torfaen, RPMI, BMI, Harrods, East Riding

    2009-11-30T15:30:00Z

    [16:30 CET 30-11] UK – Torfaen Council has appointed a global equity manager, while RPMI has been awarded the administration contract for the Arup pension fund.

  • News

    Pension schemes warned to prepare inflation-proof strategies

    2009-11-30T15:15:00Z

    [16:15 CET 30-11] GLOBAL/UK – Pension funds and other institutional investors, particularly those with inflation-linked liabilities, have been advised by Watson Wyatt to plan ahead for a return to high inflation, even though suitable investments could in some cases prove expensive.

  • News

    Credit Suisse pension fund cuts equities

    2009-11-30T15:00:00Z

    [16:00 CET 30-11] SWITZERLAND – Credit Suisse reduced the equity exposure in its Pensionskasse by 10 percentage points in September and October, but officials have indicated they may hike the fund's equity holding again soon.

  • News

    IPE study: Good marks for consultants on asset allocation

    2009-11-27T15:45:00Z

    [16:45 CET 27-11] EUROPE - Pension funds responding to an IPE survey have largely given their thumbs-up to consultants as providers of asset allocation.

  • News

    Time is ripe for LDI, says Union's Neumann

    2009-11-26T14:30:00Z

    GLOBAL - Active management and risk management are key parts of a pension fund's armoury in the post-crisis financial environment, according to Union Investment's head of quantitative strategies Thorsten Neumann, and liability-driven investment (LDI) will take on renewed importance.

  • News

    Fiduciary management to evolve as 'risk will be the new return'

    2009-11-26T14:15:00Z

    [15:15 CET 26-11] GLOBAL - Fiduciary management is entering a “post-product” era with the creation of bespoke, unbundled services for pension funds, and assets managers will win “the fiduciary turf war” in the battle for business, according to a report on the fiduciary management market.

  • News

    Personal accounts get support for alternative assets

    2009-11-25T15:25:00Z

    [16:25 CET 25-11] UK – The Personal Accounts Delivery Authority (PADA) has revealed that around 80% of pensions social partners support the use of alternative assets in the investment strategy of personal accounts, with property and commodities considered the most appropriate diversifiers.

  • News

    Icelandic Investment Fund delayed

    2009-11-24T14:50:00Z

    [15:50 CET 24-11] ICELAND – The establishment of the Icelandic Investment Fund (IIF) has been delayed until next month to give pension funds more time to decide whether or not to join the venture.

  • News

    Pension funds to up focus on 'creeping' climate change

    2009-11-23T15:45:00Z

    [16:45 CET 23-11] EUROPE – A group of UK-based institutional investors, including the Universities Superannuation Scheme (USS), has urged investors to engage with companies and policymakers on the issue of climate change adaptation, and to incorporate the related risks into their analysis and decision-making.

  • News

    Weekly pension updates 'relax trustees' - BP

    2009-11-23T15:15:00Z

    [16:15 CET 23-11] UK – Providing trustee boards with weekly updates on the financial position of the fund does not encourage investment short-termism but instead makes them more "relaxed" to market volatility, according to the chief executive of BP Trustees Limited.

  • News

    Pension funds rethink hidden investment risks

    2009-11-23T15:00:00Z

    [16:00 CET 23-11] EUROPE – Pension fund officials say the unexpected investment risks suffered by many European pension funds in the last two years has forced many executive boards to completely rethink their priorities, the sources of their investments and the way they conduct business.

  • Crisis allows Invensys to renegotiate terms
    News

    Crisis allows Invensys to renegotiate terms

    2009-11-19T13:30:00Z

    [14:30 CET 19-11] EUROPE – Pension funds should use the current financial pressures to renegotiate the terms, conditions and pricing with every service provider and contract they engage in, according to the UK’s Invensys pension plan. This would help them to improve their financial positions and raise the level of ...

  • UK trustees need improved investment delegation
    News

    UK trustees need improved investment delegation

    2009-11-19T12:30:00Z

    [12:30 CET 19-11] UK – Trustees of UK defined benefit (DB) schemes need to enhance their investment decision-making processes, including more efficient delegation, to allow them to focus on key issues such as funding, strategy and risk, according to research from Russell Investments.