Investor Strategy – Page 140

  • News

    Danica Pension reports strong first-half returns

    2009-08-12T16:24:00Z

    DENMARK - Danica Pension has announced strong returns for the first half of 2009, boosted by its holdings of high quality credit and mortgage bonds.

  • News

    Arcadis signs Delta Lloyd in asset strategy rethink

    2009-08-11T15:30:00Z

    [16:30 CEST 11-08] NETHERLANDS - Arcadis, the €617m pension fund for civil engineers, has appointed Delta Lloyd as manager of its €97m portfolio of government bonds, as part of a larger revamp to its asset allocation strategy.

  • News

    Only small German minority to gain decent pension - research

    2009-08-11T15:10:00Z

    [16:10 CEST 11-08] GERMANY – Just under 19% of Germans are building benefits in an occupational pension scheme and nearly 30% have a “Riester-Rente”. But only half will find this will be sufficient to uphold their current living standards, suggests research.

  • News

    Océ scheme prepares for benefit cuts

    2009-08-10T16:15:00Z

    [17:15 CEST 10-08] NETHERLANDS - The hard-hit pension fund of photocopier manufacturer Océ has announced it will start cutting pension rights and benefits next year if the economic situation has not sufficiently improved.

  • News

    Physios scheme scales down unconditional indexation

    2009-08-07T15:45:00Z

    [16:45 CEST 07-08] NETHERLANDS - The €1.6bn pension fund for physiotherapists (SPF) has decided to lower its 2.5% fixed indexation payment, as the scheme had a cover ratio of 94% by the end of last year and a return of –14%.

  • News

    Irish funds rose 6% in July

    2009-08-06T15:40:00Z

    [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

    2009-08-06T15:00:00Z

    [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

    2009-08-05T15:00:00Z

    [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

    2009-08-05T14:00:00Z

    [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

    2009-08-04T15:40:00Z

    [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

    2009-08-04T15:10:00Z

    [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

    2009-07-31T14:45:00Z

    [16:45 CEST 31-07] GLOBAL - The financial crisis has benefited fiduciary management, according to international pensions expert Peter Kraneveld.

  • German employers predict little second pillar growth
    News

    German employers predict little second pillar growth

    2009-07-30T15:45:00Z

    [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

    2009-07-28T15:50:00Z

    [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

    2009-07-28T14:45:00Z

    [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

    2009-07-27T12:30:00Z

    [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

    2009-07-24T16:05:00Z

    [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

    2009-07-24T14:00:00Z

    [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

    2009-07-23T15:15:00Z

    [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

    2009-07-22T15:40:00Z

    [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.