All articles by IPE – Page 53
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Features
The Amsterdam market
Amsterdam Exchanges is the company formed by the recent merger of the former EOE-Optiebeurs and the Amsterdam Stock Exchange. It began operation on 31 December 1996. Within the structure of the merged entity, new operating company AEX-Effectenbeurs is responsible for the organisation of the public capital market. The company ...
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Features
Austria: Venturing from home
The BVP pensions fund, based in Vienna currently invests by far the greatest part of its equities investment outside Austria, given the poor performance of the domestic market, relative to its neighbours.The director of the BVP pension fund, Ferdinand Kernbauer, explains that while the fund has asset allocations catering to ...
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Features
Multinationals outline benefits plans
Akzo Nobel, the chemicals multinational, plans to set up a common investment fund for its European pensions arrangements. Discussing the company’s plans Bert Kiffen, co-ordinator international pensions affairs, said: It is our view that with a single currency, one investment fund will be possible.” The scheme is still at the ...
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Features
BGSS boost for Morgan Stanley
US custodian bank Morgan Stanley has strengthened its hand in Europe with its acquisition of the global custody business of Barclays Global Securities Services (BGSS). Morgan Stanley netted $250bn of BGSS assets which brings its global franchise to some $390bn.Morgan’s European chairman Sir David Walker says the US bank’s European ...
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Features
EMU threat
The head of a US employee benefits company has warned European countries of the threat of pensions liabilities to EMU.Pointing to the EMU timetable, Michael Gulotta, chief executive of ASA, which anchors the Asinta gobal benefits network, raised the issue of pension liabilities: The national debt criterion becomes particularly interesting ...
