Investor Strategy – Page 139
-
News
Irish funds rose 6% in July
[16:40 CEST 06-08] IRELAND – Irish managed funds reported a positive performance for the fifth month in a row, after they returned of 6% in July.
-
News
Railpen expands its long-short strategy
[16:00 CEST 06-08] UK - Railpen Investments, the in-house investment manager for the £15bn (€17.7bn) industry-wide pension fund for British railway workers, has invested £65m in a fund of long-short equity hedge fund with Goodhart Partners.
-
News
Sticking to strategic allocations caused problems - IQAM
[16:00 CEST 05-08] AUSTRIA – Austrian pension funds should not have stuck to strategic asset allocations as widely used risk controls could not have worked last year, accordng to Helmuth Frey, head of quantitative management house IQAM.
-
News
AIB aggregate deficit exceeds €1.2bn
[15:00 CEST 05-09] IRELAND – The pensions deficit of Allied Irish Banks (AIB) - one of the institutions recapitalised by the National Pension Reserve Fund (NPRF) - rose by more than €150m in the first half of 2009, to €1.26bn.
-
News
UNJSPF to monitor potential long-term risks
[16:40 CEST 04-08] GLOBAL – The UN Joint Staff Pension Fund confirmed it is closely monitoring market conditions “in the upcoming months” to identify and address potential long-term risks that could negatively impact the fund.
-
News
ACA calls for interim changes to PCPF
[16:10 CEST 04-08] UK – The Association of Consulting Actuaries (ACA) has warned against any "significant revisions" to the Parliamentary Contributory Pension Fund (PCPF) until there is a wider review of UK public sector pensions.
-
News
Financial crisis boosted fiduciary management - Kraneveld
[16:45 CEST 31-07] GLOBAL - The financial crisis has benefited fiduciary management, according to international pensions expert Peter Kraneveld.
-
NewsGerman employers predict little second pillar growth
[16:45 CEST 30-07] GERMANY – German companies are convinced that interest in occupational pensions among their employees will not grow, according to a recent poll.
-
News
Hounslow awards admin contract to Capita
[16:50 CEST 28-07] UK – The London Borough of Hounslow has appointed Capita Hartshead to administer its £393m (€454.9m) pension fund and provide advice on scheme regulations.
-
News
Trying to time the market 'is dangerous', claims author
[15:45 CEST 28-07] GLOBAL - Investors should not play the markets, according to Burton Malkiel, author of the book entitled ‘A random walk down Wall Street’ and Chemical Bank chairman’s professor of economics at Princeton University.
-
News
Swiss pensions shift to equities and property
[13:30 CEST 27-07] SWITZERLAND – Swiss pensionskassen made a definite shift back into equities in the second quarter of this year alongside a record level of real estate investments, new figures suggest.
-
News
Suffolk suspends transition manager search
[17:05 CEST 24-07] UK – Suffolk County Council has confirmed it has suspended the procurement process for a transition manager after it had problems with offering the contract on a contingency basis.
-
News
Mutual funds to see surge in German institutional interest
[15:00 CEST 24-07] GERMANY – Interest in mutual funds (publikumsfonds) is "high" and "set to grow" among German institutional investors, according to a poll of fund managers and investors.
-
News
Positive Q2 pushes NPRF above €19bn
[16:15 CEST 23-07] IRELAND – The National Pension Reserve Fund (NPRF) has grown in value by almost €4bn as it posted a second quarter investment return of 9.4%.
-
News
Kingston finalises restructuring with eight manager hires
[16:40 CEST 22-07] UK – Eight new investment managers have been appointed by the Royal Borough of Kingston-Upon-Thames as part of the restructuring process of its £278.7m (€322.2m) pension fund investment portfolio.
-
News
UN staff fund grew 12.3% in second quarter
[16:30 CEST 21-07] GLOBAL – The United Nations Joint Staff Pension Fund (UNJSPF) reported an increase of $3.5bn (€2.46bn) in the second quarter of 2009.GLOBAL – The United Nations Joint Staff Pension Fund (UNJSPF) reported an increase of $3.5bn (€2.46bn) in the second quarter of 2009.
-
News
Liechtenstein Sozialfonds to enhance risk taking
[14:20 CEST 21-07] LIECHTENSTEIN – The largest pensionskasse in the small principality of Liechtenstein, the ‘Sozialfonds’, says it is strong enough to take on longevity and other demographic risks itself.
-
News
OECD says DC needs 'careful' regulation after losses
[16:15 CEST 20-07] GLOBAL – The regulation of investment choices and default options in defined contribution (DC) pension schemes need to be more carefully implemented than has been done in the past, the Organisation for Economic Co-operation and Development (OECD) has warned.
-
News
SFP picks ING as its asset manager
[15:00 CEST 17-07] NETHERLANDS - The €370m pension fund for privatised government organisations (SFP) has chosen ING Group as its new asset manager.
-
News
Unusual market conditions sparked RSA longevity deal
[15:45 CEST 16-07] UK – The defined benefit pension schemes of Royal & Sun Alliance would likely have been unable to protect their pensioner liabilities with a gilt swap and longevity insurance deal completed earlier this week if market conditions had not thrown the fixed income market into array, suggest ...
