All IPE articles in July 2001 (Magazine)
View all stories from this issue.
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Features
Multi-manager momentum
The multi-manager or manager of manager concept is beginning to gather momentum in the UK market as institutional investors tentatively hand over their assets. Leading the field are Frank Russell and Northern Trust Global Investors but SEI, the US-based manager of managers, is making inroads into the market, having set ...
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Features
Year of misery rolls on
The first half of the year certainly has certainly been a miserable one for government bond markets. As central banks across the developed world eased – some more aggressively than others – so yield curves began to steepen markedly. For most bond markets this also meant rising yields at the ...
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Features
Masters of reinvention
Both equity markets and balanced managers took a battering during 2000 and the year to date. Disappointed institutional investors are consequently looking elsewhere for that elusive alpha and, as they review mandates, so the managers in turn reinvent themselves. If it’s not balanced managers portraying themselves as specialists in everything, ...
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Features
Incentives needed for pensions push
Despite a volatile round of EU summits over the past six months, the Mediterranean island of Cyprus is still on course for fast track entry into the EU. Nevertheless, pension reform is moving at the same pace as a tourist’s hillside donkey on the holiday hotspot. While a revamp of ...
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Features
Why SPIFs are ideal for investors
German investment law provides institutional investors, which are legal entities, the opportunity to organise – in a particularly efficient manner in terms of both management and taxation – their real-property investments already existing in Germany or are going to be effected there. This can be carried out through interposing a ...
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Features
Irish vote 'just a hiccup'
The purpose of the Nice Treaty, signed by the European member states in February, is to complete the programme of institutional reform designed to prepare the EU for a significant expansion in its membership. It is absolutely key to the EU enlargement process. The European press certainly had a field ...
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Features
Transparency the hedge issue
On the back of plunging markets, pension schemes have been rudely re-awakened to negative returns for the first time in many years. As a result, headspinning research papers debating alternative investment, particularly in hedge funds, are firmly back in the ‘in-tray’ of pension fund managers around the continent. So, where ...
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Features
Sitting out the summer gloom
Plagued by fears of looming recession, investors in Japanese equities are now playing a waiting game. The reforms outlined by new prime minister Junichiro Koizumi have given the market hope that longstanding problems, particularly in the banking sector, could finally be resolved. But weak economic data are keeping the mood ...
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Features
Fund of funds take off in Spanish market
The Spanish asset management industry has gradually increased its range of investment products, and both international funds and SICAVs and domestic SIMCAVS are gaining weight within the whole Spanish investment market. In the last few years the market for investment funds in Spain has grown in size and, for some ...
