Investor Strategy – Page 162

  • News

    Pensioner income increased by £10 in 2006/07

    2008-06-12T10:00:00Z

    [11:00 CEST 12-06] UK – Over 50% of pensioners received an average income of £156 a week from occupational pension schemes in 2006/07 - a rise of just £10 a week on the previous year, according to UK government figures.

  • News

    Norway warns US regs could deter foreign investors

    2008-06-11T14:00:00Z

    [15:00 CEST 11-06] NORWAY – The Norwegian Ministry of Finance has warned the US that proposed regulations on foreign investment could have the "side-effect of deterring foreigners from investing in the US".

  • Analysis: The LDI analogy of pensions and airlines
    Analysis

    Analysis: The LDI analogy of pensions and airlines

    2008-06-11T12:00:00Z

    [13:00 CEST 11-06] EUROPE - The move to liability-driven investment strategies has been a hot topic over the last two years. But discussion with consultants has revealed pension funds are still not adopting the strategy’s full process, even though the break-even rate on 40-year inflation has now hit a new ...

  • Baerum seeks help establishing new pension fund
    News

    Baerum seeks help establishing new pension fund

    2008-06-09T15:45:00Z

    [16:45 CEST 09-06] NORWAY – The Norwegian municipality of Baerum is seeking consultancy services to help in the establishment of a pension fund.

  • Teeside offers £1.75m direct property mandate
    News

    Teeside offers £1.75m direct property mandate

    2008-06-06T14:45:00Z

    [15:45 CEST 06-06] UK – Middlesbrough Borough Council has issued a tender for a manager to take responsibility for the direct property portfolio of its local government pension scheme.

  • News

    Aegon to roll out pension asset pooling in autumn

    2008-06-05T15:45:00Z

    [16:35 CEST 05-06] NETHERLANDS – Aegon is planning to launch a pension asset pooling platform in autumn which is is being developed with Citigroup and TKP Investments andis specifically targeted at multinational companies, IPE has learnt.

  • News

    Delta Lloyd to outsource German fund administration

    2008-06-05T13:00:00Z

    [14:00 CEST 05-06] GERMANY – Kas Bank, the Dutch securities bank, today announced it has entered into discussions on an exclusive basis with Delta Lloyd Deutschland AG to take over fund administration activities in Germany.

  • News

    Regulatory compliance 'challenge' for UK and Netherlands

    2008-06-04T15:15:00Z

    [16:15 CEST 04-06] GLOBAL – Around 45% of pension funds find it challenging to comply with pension regulation following increased complexity in governance requirements, according to SEI Global Institutional Solutions.

  • News

    Greek occupational fund selects manager

    2008-06-03T16:00:00Z

    [17:00 CEST 03-06] GREECE – Alpha Trust Mutual Funds Company has been appointed by the Economic Chamber of Greece pension fund, one of Greece’s four occupational pension funds, to look after a balanced managed mandate of behalf of its members.

  • News

    New LDI tools evoke 'false sense of security'

    2008-06-03T15:15:00Z

    [16:15 CEST 03-06] UK – Pension fund trustees have been warned to heed thinking too short-term and seeking refuge in new risk management tools and investment strategies, as a new study claims they give a false sense of security.

  • News

    Norway’s oil fund stockpiles European equity

    2008-06-02T15:40:00Z

    [16:40 CEST 02-06] NORWAY – The NOK1.947trn (€245bn) Norwegian Government Pension Fund – Global has confirmed it is close to owning more than 1% of the entire European stock market.

  • News

    Allianz swallows drinks maker's pension reserves

    2008-06-02T15:30:00Z

    [16:30 CEST 02-06] GERMANY – The pension reserves for 600 retired workers at Germany's Eckes AG have been transferred into a fund to be managed by Allianz Life Insurance.

  • News

    NIB to launch hybrid pension scheme

    2008-05-30T12:30:00Z

    [13:30 CEST 30-05] IRELAND – The National Irish Bank (NIB) has announced it will introduce a hybrid pension scheme for new workers on August 1.

  • News

    New flower and plant scheme goes fiduciary

    2008-05-28T15:35:00Z

    [16:35 CEST 28-05] NETHERLANDS – The new Dutch industry-wide defined contribution (DC) pension funds for the wholesale flower and plant sector has appointed pensions provider Cordares as its fiduciary manager.

  • News

    ERAFP shifts away from bonds

    2008-05-28T13:30:00Z

    [14:30 CEST 28-05] FRANCE – The €4.8bn French civil service supplementary pension scheme ERAFP is looking for asset managers to take on €1.2bn in international equities and euro-denominated fixed income mandates.

  • News

    BT injects £350m into commodities

    2008-05-22T15:55:00Z

    [16:55 CEST 22-05] UK - The BT Pension Scheme has shifted £250m (€315m) of commodities investment into a new index fund which targets extra returns by managing futures rolling and cash collateral differently.

  • News

    Good quality property strategy will 'shield' FSP

    2008-05-22T13:00:00Z

    [14:00 CEST 22-05] DENMARK - Danish pension fund FSP is expecting to avoid the worst of the market rout by investing in good quality property and avoiding the most volatile market segments.

  • News

    Insurance buyout market to abate

    2008-05-22T12:30:00Z

    [13:30 CEST 22-05] UK – The insurance buyout market has reached its peak in terms of competitiveness and the number of players it can sustain, suggests Paul Jayson, partner and actuary at consultants Barnett Waddingham.

  • News

    LGPI allocates $75m to Asian property

    2008-05-21T15:50:00Z

    [16:50 CEST 21-05] FINLAND – The Finnish Local Government Pensions Institution (LGPI) has invested $75m (€48m) into an Asian real estate fund of funds managed by Aberdeen Property Investors (API).

  • News

    Sponsors to push for increased VaR focus

    2008-05-20T16:00:00Z

    [17:00 CEST 20-05] UK/EUROPE – Scheme sponsors are likely to begin pushing for increased focus on pensions risk management, according to consultancy firm Redington Partners, in the wake of increasing regulatory focus on asset risk factors such as ‘value-at-risk’ (VAR).