All IPE articles in July 2005 (Online)

View all stories from this issue.

  • News

    Sejm debates pensions after miners’ demonstration

    2005-07-29T04:16:00Z

    POLAND –The lower house of the Polish parliament, the Sejm, is debating a proposal to end mine workers’ right to retire on a full pension after 25 years of work whatever their age.

  • News

    F&C names Standard AM’s Mann director emerging debt

    2005-07-29T03:49:00Z

    EUROPE - F&C Asset Management has recruited Jonathan Mann, formerly with Standard Asset Management, as director of the emerging debt team. This is a new position within a team that mostly caters for institutional investors.

  • News

    IAPF reports Irish portfolio moves

    2005-07-29T03:33:00Z

    IRELAND - Passive management increased dramatically within Irish pension funds last year to 25.8% of portfolios, compared with 17.9% at the end of 2003, according to the Irish Association of Pension Fund (IAPF).

  • News

    PPF to assess Sheffield company scheme

    2005-07-29T03:02:00Z

    UK - The Pension Protection Fund (PPF) is poised to start assessing the situation of the £120m (€173.8m) pension scheme of steel products supplier Sheffield Forgemasters Engineering (SFE), a company in administration.

  • News

    AXA IM to buy Framlington Group Ltd for €252m

    2005-07-29T03:02:00Z

    UK – AXA Investment Managers (AXA IM) is poised to buy boutique Framlington Group Ltd from HSBC Holdings and Comerica Inc for £174m (€252.1m).

  • News

    Irish schemes’ funding under 70% in Q2 - Mercer

    2005-07-29T03:02:00Z

    IRELAND – The typical Irish pension fund saw a small deterioration of its funding level during the second quarter of 2005, dipping to just under a 70% asset to liability ratio, according to figures from Mercer Investment Consulting in Dublin.

  • News

    Deutsche AM posts €12bn 1H05 investor outflows

    2005-07-29T03:02:00Z

    GERMANY – Deutsche Asset Management, the institutional fund arm of Deutsche Bank, suffered €12bn in investor outflows during the first half of 2005.

  • News

    Italy-cautious optimism on pension reform progress

    2005-07-28T04:31:00Z

    ITALY – The latest meeting between welfare minister Roberto Maroni and 22 social partners to map out the future of the second pillar ended today with expressions of cautious optimism from both parties.

  • News

    Consultants welcome wealth indices

    2005-07-28T04:14:00Z

    UK - The move to fundamental or wealth indices has been welcomed as an important development, as indices provider FTSE announces launch of new ‘fundamental index’ series.

  • News

    Towers Perrin sets up ‘conflict-free’ service

    2005-07-28T04:04:00Z

    UK – Pensions consultancy Towers Perrin has set up a new service to focus solely on advice to corporates with pension schemes, without the potential conflicts arising from also advising trustees. More assertive pension trustees have led to some high-profile corporate deals being abandoned, it pointed out.

  • News

    Institution lifts Pioneer’s first-half results

    2005-07-28T03:59:00Z

    GLOBAL – A European institutional investor is responsible for over half of the €4.8bn of inflows netted by Pioneer Investments in the first half of 2005.

  • News

    EU funds property exposure to surge - study

    2005-07-28T03:58:00Z

    EUROPE – The exposure of European pension funds to real estate could soar to 10% from an average of 6.5% “in the near future”, a study by US-based property consultancy CB Richard Ellis suggests.

  • News

    Watson loses consultancy brief with Durham CC

    2005-07-28T03:57:00Z

    UK – Consultancy firm Watson Wyatt has lost a brief with the £1bn (€1.44bn) Durham County Council Superannuation Fund.

  • News

    FTI forms consultant-targeted unit

    2005-07-27T03:53:00Z

    GLOBAL – Asset manager Franklin Templeton Institutional (FTI) has formed a new global consultant relations group to co-ordinate its global sales, marketing and client servicing activities as well its investment teams.

  • News

    Dutch manager tenders SRI brief via IPE-Quest

    2005-07-27T03:48:00Z

    NETHERLANDS - A Dutch asset management firm has tendered a socially responsible investment (SRI) brief worth up to $100m (€83.1m) via IPE-Quest.

  • News

    Swiss fund tenders half billion euros via IPE-Quest

    2005-07-27T03:41:00Z

    SWITZERLAND – A Swiss pension fund has tendered five briefs, worth a total in the region of half a billion euros via IPE-Quest.

  • News

    NAPF warns of ‘governance vacuum’ in UK schemes

    2005-07-27T03:39:00Z

    UK – The National Association of Pension Funds (NAPF) has called for the introduction of a voluntary code of pensions scheme governance to avoid what I called a ‘governance vacuum’ resulting from the shift from defined-benefit (DB) to defined contribution (DC) pension deals.

  • News

    SWIP appoints southern Europe head

    2005-07-27T03:39:00Z

    EUROPE – Scottish Widows Investment Partnership (SWIP) has appointed Corrado Amari, 54, as head of southern Europe.

  • News

    BGI launches 16 sterling and euro LDI funds

    2005-07-27T03:39:00Z

    EUROPE- Barclays Global Investors (BGI) has launched 16 new pooled liability driven investment (LDI) funds aimed at UK and European pension funds that want to outperform their liabilities.

  • News

    Deficit looms for German state pension scheme

    2005-07-27T03:38:00Z

    GERMANY – The state-run pay-as-you-go (PAYG) pension scheme is likely to face its first deficit in 20 years this September, according to pension experts. They ascribe this to dwindling revenues and the anticipated exhaustion of a sustainable reserve.