Investor Strategy – Page 138
-
NewsDanish teachers fund invests 7% in forestry
[16:32 CEST 18-09] DENMARK - Lærernes Pension, the Danish teachers’ pension fund, has announced it now has almost 7% of assets invested in forestry, or DKK2bn of its DKK30bn AUM. The investment may now make it the most significant European institutional investor in the asset class in terms of asset ...
-
NewsFSP and Lægernes roll-out DC plans
[16:00 CEST 18-09] DENMARK - Pension funds FSP and Lægernes are the latest in Denmark to create new defined contribution schemes to allow more members to take on more risk themselves rather than sticking to the safety of the traditional guaranteed return schemes.
-
News
Premiesparfonden outperforms average PPM fund
[17:00 CEST 17-09] SWEDEN – The Swedish pension default fund Premiesparfonden, run by Sjunde AP-fonden (AP7), has outperformed the average fund in the Premium Pension System (PPM) with a return of 23.2% in the eight months of 2009.
-
News
SBZ completes investment outsourcing in tough market
[16:00 CEST 16-09] NETHERLANDS – SBZ, the €2.3bn pension fund for health insurance employees, has completed the final stage of its outsourcing to Russell Investments and moved its indirect real estate holding to the asset manager, following a sale of its direct domestic holdings.
-
News
Brent moves into infrastructure
[16:45 CEST 15-09] UK – The London Borough of Brent has awarded a £25m (€28.2m) infrastructure mandate to Alinda Capital Partners as part of a diversification investment strategy.
-
News
Risk management must incorporate ‘human biases’ - paper
[16:25 CEST 15-09] GLOBAL – Risk managers are being advised to take more notice of the ‘human’ element when investing in the financial markets, as white paper research suggests economic theory cannot truly work unless it incorporates human emotional traits.
-
News
Two-thirds of UK workforce ‘unpensioned’ - TUC
[17:35 CEST 14-09] UK - Coverage of defined contribution (DC) schemes is not growing fast enough to fill the gap left by the continuing closure of defined benefit (DB) schemes, leaving two-thirds of the private sector workforce without a pension, according to data from the Trades Union Congress (TUC).
-
News
Ascoop returns 7.29% to July
[16:55 CEST 14-09] SWITZERLAND – The CHF2bn (€1.3bn) multi-employer fund for the Swiss transport industry is back on positive ground with its old strategic allocation.
-
News
Vauxhall pensions ‘unlikely to change’ after GM Europe sale
[17:40 CEST 11-09] UK – GM’s decision to sell its Vauxhall subsidiary to the Canadian company Magna International, along with its German operation Opel, is very unlikely to affect the Vauxhall pension schemes, according to officials at the UK car manufacturing group.
-
News
Strathclyde completes strategy review
[16:55 CEST 11-09] UK – The £8.39bn (€9.6bn) Strathclyde pension fund is considering the creation of a "new opportunities" portfolio following the conclusion of the triennial review of its investment strategy and structure.
-
News
Swedish AP funds join sustainability initiative
[15:45 CEST 11-09] SWEDEN/NORWAY – The four Swedish AP pension buffer funds are among 13 institutional investors that have signed up to the Sustainable Value Creation Initiative (SVC) to encourage companies to adopt good governance of sustainability issues.
-
News
East Riding of Yorkshire seeks investment manager
[17:15 CEST 09-09] UK - East Riding of Yorkshire Council has launched a tender for investment management services for one-third of its pension fund portfolio, equivalent to £500m (€568m).
-
News
Global downturn knocked 21% off London fund
[17:10 CEST 09-09] UK – The London Pensions Fund Authority (LPFA) scheme dropped £551m (€625.9m) in the year to 31 March 2009 to reach £3.02bn, as the global economic downturn caused the asset values of its investment portfolios to plummet.
-
News
Hillingdon seeks global infrastructure manager
[17:10 CEST 08-09] UK - The London Borough of Hillingdon Pension Fund has launched a tender for a manager to run a global infrastructure mandate.
-
News
Hampshire targets UK property in next 12 months
[17:30 CEST 07-09] UK – Hampshire County Council is looking to almost double its pension fund's exposure to UK commercial property over the next year to meet the 8% target allocation agreed before the market downturn.
-
News
Collaboration improves pension benefits - report
[16:50 CEST 04-09] GLOBAL – Pension fund boards may be able to deliver improved returns and lower costs if they collaborate with other, larger, parties to provide enhance benefits over time, and if they apply governance structures with higher expertise, claims a report examining pensions and healthcare regimes across the ...
-
News
Swiss analysts dismiss pension funds’ stabilising role
[16:00 CEST 04-09] GERMANY/SWITZERLAND – Swiss financial analysts disagree with their German counterparts about the stabilising role of pension funds in turbulent markets, a survey commissioned by Allianz has found.
-
News
Hammersmith and Whitbread reveal strategic decisions
[15:30 CEST 04-09] UK – The London Borough of Hammersmith & Fulham has decided against adopting a currency hedge strategy for its £438.5m (€503.4m) pension fund, but will keep the option under review.
-
News
Avon tweaks bond strategy
[15:15 CEST 04-09] UK – Avon Pension Fund has decided to increase its allocation to corporate bonds through a reduction in its investments in gilts.
-
News
50% of DB schemes need to focus on long-term risk
[16:50 CEST 03-09] UK – Half of all UK defined benefit (DB) pension schemes do not have a long-term strategy for reducing risks, despite 80% acknowledging the need to address de-risking, joint research by Hymans Robertson and PensionChair Network has revealed.
