IPE's Germany Coverage – Page 80
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Features
Alpha transport - exploiting inefficient markets
Institutional investment portfolios have typically been constructed around a strategic policy portfolio and where investors believed that they could identify managers with skill, they adopted an active strategy to add value relative to that benchmark. Where active management is adopted there are two sources of return – the return attributable ...
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Features
Positive times ahead
After the sharp fall in receipts since the record year 1998, from €66bn then to barely one-third of that in 2003, Spezialfonds suffered a real slump in 2004. The last time that receipts were less than the €3.7bn collected was back in 1985. But the sector was still able to ...
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Features
Managers making their mark
To get an idea why the US investment bank Goldman Sachs is widely respected, consider what it has achieved in Germany since arriving there 15 years ago. Goldman Sachs, which runs a smallish operation in a skyscraper next to Frankfurt’s trade fair, has for years consistently been at the top ...
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Features
Private banks making their name in institutional transparency
In Germany, private banks are usually thought of as staid institutions that have served the country’s rich since their beginnings in the 18th century. Serving high net worth individuals - and being every bit as discrete about it as their Swiss peers – explains much of what the likes of ...
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News
ABA-Pensionskassen can reduce rate of return
GERMANY - Pensionskassen, one of the mainstays of German pension funding, may lower their guranteed rate of return on savings from 2.75% currently to between 2.25% and 2.0% from January 2007, according to the head of Aba’s Pensionskassen section.
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News
ABA Meeting: Opposition confirms pensions tax benefits
Germany – The conservative opposition in Germany would make permanent the tax exemption for employee contributions under the so-called Riester pension if it comes to power after next year’s federal election, according to a senior party official.
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Features
Winds of change: institutional funds-of-funds in Germany
DekaBank, the central asset manager of the German Sparkassen Organisation, is Germany’s number one provider of structured investment concepts and fund-based asset management in the retail market. Due to the new possibilities of the Investment Modernisation Act, institutional investors can now profit from our know-how based on breadth of experience ...
