Investor Strategy – Page 152
-
News
Pensions funds opt to raise TRS collateral
[12:00 CET 22-01] EUROPE – Pensions funds are likely to be paying slightly higher for passive investments since the collapse of Lehman Brothers if using synthethic replication, but are choosing to do by over-collateralising their total return swaps, according to officials at Morgan Stanley Investment Management.
-
News
AP7 mulls more alpha centres
[15:45 CET 21-01] SWEDEN – The SEK74bn (€6.9bn) Swedish pension fund Sjunde AP-Fonden (AP7) is planning to review its pure alpha investments to see if it can add more of its ‘alpha centres’.
-
News
PPM scheme mulls swaps and eurobonds (amended)
[15:00 CET 20-01] SWEDEN – The Swedish Premium Pension Authority (PPM) is looking at investing in swaps and eurobonds to restock its buffers, according to its head of financial analyses, Sara Bergström.
-
News
Merseyside awards equity roles and moves fixed income
[16:55 CET 19-01] UK – Merseyside Pension Fund has appointed four new investment managers to run a third of the £3.7bn (€4.1bn) scheme's allocation to UK equities, ahead of plans to start a new search for active fixed income managers.
-
News
IBEC criticised over pension reform plans
[15:00 CET 16-01] IRELAND – The Irish Business and Employers Confederation (IBEC) has been criticised for recommending new public sector workers should be offered entrance to a defined contribution (DC) scheme with a state guarantee of certain minimum investment returns instead of the existing define benefit (DB) schemes.
-
News
Merseyside invests in fundamental index fund
[15:00 CET 15-01] UK – The £4.26bn (€4.8bn) Merseyside local authority pension fund is provided half of the funding for a new enhanced indexation-type fund launched by Nomura Asset Management.
-
News
PensCorp to deliver Leyland DAF buyout
[16:30 CET 13-01] UK – The £230m (€253m) pension fund of the former UK commercial vehicle manufacturer Leyland DAF has tapped Pension Insurance Corporation (PIC) to buyout its pension liabilities.
-
NewsMore equity volatility predicted
[14:00 CET 12-01] GLOBAL – Equity volatility remains high in 2009, while real yields on government securities are likely to remain low, according to a global fund manager survey by consultancy firm Watson Wyatt.
-
NewsNBIM picks London as real estate base
[16:20 CET 09-01] NORWAY/UK – Norges Bank Investment Management (NBIM) has increased the office space of its London branch to cope with an increase in new employees and to act as a base for the organisation's real estate investment team.
-
NewsInstitutions to exit bonds for stocks - BlackRock CEO
[15:00 CET 09-01] GLOBAL - Institutional investors are set to exit fixed income and move into equities, reckons BlackRock chief executive Larry Fink.
-
NewsBT fund 'retains stock lending ban'
[16:30 CET 08-01] UK - The £39.7bn (€44bn) BT Pension Scheme plans to keep in place a ban on stock lending - despite the lifting of an official ban on the practice, according to reports.
-
NewsBrent to up infrastructure assets by 5%
[16:40 CET 08-01] UK – The London Borough of Brent is looking to increase its exposure to infrastructure in its £400m (€436m) local government pension scheme (LGPS).
-
News
UN fund eyes hedge funds, private equity
[10:15 CET 08-01] GLOBAL – The $30bn (€22.1bn) United Nations Joint Staff Pension Fund (UNJSPF) says it has approval to incorporate hedge fund of funds and private equity into its portfolio.
-
NewsNorway reviews Israel holdings over Gaza
[16:00 CET 07-01] NORWAY – Norway is reviewing whether the current Gaza conflict means its state pension fund is breaching ethical guidelines.
-
News
Norwegian municipalities award pension mandates
NORWAY – Three Norwegian municipalities have appointed providers for their state occupational pension schemes following re-tendering exercises.
-
FeaturesInnovation: Used, misused and abused
In the third in a series of articles on a new report, Amin Rajan laments that alpha has been everywhere except in performance numbers
-
News
9% of DB schemes avoided risk levy
[16:00 CET 23-12] UK – One in 11 of the schemes eligible for entry into the Pension Protection Fund (PPF) paid no risk-based levy in the 2007/08 year, according to figures from the third version of the Pensions Universe Risk Profile (PURPLE) Book.
-
News
Madoff fraud costs pension funds €44m so far
[16:30 CET 22-12] EUROPE – Only a handful of European pension funds have declared an indirect investment interest in the recent Madoff 'Ponzi' scheme, fraud but the potential losses to date are now understood to be in the region of at least €44m.
-
News
Irish listed pension deficits hit €3.5bn
[15:50 CET 19-12] IRELAND – Irish listed companies with defined benefit schemes have pensions accounting deficits worth approximately €3.5bn or 12-14% of their market capitalisation, suggests analysis conducted by Attain Consulting.
-
News
Glasgow university seeks actuarial and admin support
[16:55 CET 18-12] UK – The University of Glasgow is seeking one or more providers for actuarial and consultancy services and scheme administration and related services for its pension scheme for non-academic staff.
