Investor Strategy – Page 142

  • News

    Torfaen to move into global equities

    2009-07-07T15:50:00Z

    [16:50 CEST 07-07] UK - Torfaen County Borough Council is searching for one or more managers to run a new global equity portfolio valued at around £100m.

  • News

    ABN Amro limited losses through rebalancing

    2009-07-06T15:00:00Z

    [16:00 CEST 06-07] NETHERLANDS - The €8.8bn pension fund of ABN Amro managed to limit its losses to 1.6% in 2008 thanks to the introduction of ‘dynamic rebalancing policy’.

  • News

    Irish investment strategy 'too risky'

    2009-07-06T13:15:00Z

    [14:15 CEST 06-07] IRELAND – The investment strategy of many Irish pension funds was "too risky" and is why around 90% of schemes failed to meet the funding standard last year, the Pensions Board has claimed, and why some are unable to meet liabilities of existing pensioners if the scheme ...

  • European pensions see profound changes - EIAMS 2009
    News

    European pensions see profound changes - EIAMS 2009

    2009-07-06T09:00:00Z

    [10:00 CEST 06-07] EUROPE - European institutional investors are changing the way they allocate assets and interact with external service providers, according to the latest European Institutional Asset Management Survey, conducted by IPE.

  • News

    Irish managed funds post fourth consecutive gain

    2009-07-02T16:05:00Z

    [17:05 CEST 02-07] IRELAND – Irish managed pension funds returned an average of 0.5% in June, resulting in an overall positive six months for the sector, Hewitt Associates has revealed.

  • News

    Rabobank agrees new terms with Syntrus Achmea

    2009-07-02T12:30:00Z

    [13:30 CEST 02-07] NETHERLANDS - The €11.7bn pension fund of Rabobank will maintain its contract with pension provider Syntrus Achmea, after agreeing new conditions for improved service.

  • News

    TPR adds buyouts to toolkit as new code is finalised

    2009-06-30T16:20:00Z

    [17:20 CEST 30-06] UK – The Pensions Regulator (TPR) has added a new module to its ‘Trustee Toolkit’ providing guidance on buy-ins and partial buy-outs to coincide with the publication of a code of practice relating to the ‘material detriment test’.

  • News

    Transparency on pension risks is paramount - Netspar

    2009-06-30T16:15:00Z

    [17:15 CEST 30-06] NETHERLANDS - Pension funds must make pension risks more transparent to their participants, the Dutch pensions research organisation Netspar believes. Funds should also focus on real guarantees, which should increase with age.

  • News

    Dutch gov’t urges schemes to invest in local economy

    2009-06-30T15:50:00Z

    [16:50 CEST 30-06] NETHERLANDS - The government has called on pension funds to contribute to the economic recovery by investing in the Dutch financial sector.

  • News

    USS to invest in evolving hedge funds market

    2009-06-30T15:45:00Z

    [16:45 CESt 30-06] GLOBAL – The Universities Superannuation Scheme, the UK’s second-largest pension fund, is to begin investing in single strategy hedge funds as officials say they can now get access to the big named brands and corporate governance conditions are improving.

  • News

    Babcock confirms longevity deal with Credit Suisse

    2009-06-26T13:00:00Z

    [14:00 CEST 26-06] UK – Babcock International has confirmed trustees of its Davenport Royal Dockyard defined benefit (DB) scheme have signed a longevity swap agreement with Credit Suisse to cap £300m (€328m) of its pensioner-in-payment liabilities.

  • News

    Investment tide turning towards Japan?

    2009-06-26T12:30:00Z

    [13:30 CEST 26-06] GLOBAL - Fund managers and investors are turning their attention to the Japanese equity market again as some officials claim the economic downturn means larger Japanese firms may be better equipped to meet the pressures than in other countries.

  • News

    IORPs should not 'over-react' to crisis

    2009-06-26T12:00:00Z

    [13:00 CEST 26-06] EUROPE – The impact of the current economic crisis has resulted in closer scrutiny by many European supervisors of occupational pensions and the shared message appears to be pension funds should not over-react, the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) has said.

  • News

    Pension funds pick Thames River for multi-manager

    2009-06-25T15:45:00Z

    [16:45 CEST 25-06] UK – Thames River Capital has been awarded three institutional mandates, including two UK-based pension funds, for its multi-manager services.

  • News

    LAPFF M&S resolution garners more support

    2009-06-25T15:40:00Z

    [16:40 CEST 25-06] UK – The Local Authority Pension Fund Forum (LAPFF) has received backing from proxy voting advisory services for its shareholder resolution to appoint an independent chair to the board of retailer Marks & Spencer by July next year.

  • News

    Pension funds criticise PwC's Dutch costs study

    2009-06-25T15:00:00Z

    [16:00 CEST 25-06] NETHERLANDS - The trade bodies of Dutch pension funds have criticised the findings of a comparative study by PrciewaterhouseCoopers on administration costs of collective pension schemes by insurers and pension funds.

  • News

    Smaller pension funds demonstrate less sophistication

    2009-06-24T14:30:00Z

    [15:30 CEST 24-06] NETHERLANDS - The strategic portfolio choice of small and medium-sized pension funds is often based on coarse and less sophisticated approaches than larger pension funds, researchers have claimed.

  • News

    Delegates told crisis shows Swiss systemic weaknesses

    2009-06-23T16:00:00Z

    [17:00 CEST 23-06] SWITZERLAND – The financial crisis should be seen as a chance to amend the Swiss pension system, delegates at a retirement provision conference in Zurich have been told.

  • News

    Balanced pension funds pull back short-term gains

    2009-06-23T15:25:00Z

    [16:25 CEST 23-06] UK – There is now evidence of improvement to three-year equity returns to pension fund assets, as the latest BNY Mellon CAPS pooled pension fund figures show, in the main, assets have continued to recover.

  • News

    OECD fears pensions backtrack in economic pressure

    2009-06-23T15:00:00Z

    [16:00 CEST 23-06] GLOBAL – The Organisation for Economic Cooperation and Development (OECD) has warned governments should not to try and deal with short-term challenges in economic conditions by postponing pension reforms as the longer-term impact could be more damaging further down the road.