All IPE articles in July 2008 (Online) – Page 6

  • Polish pension funds down 2.6% in H1
    News

    Polish pension funds down 2.6% in H1

    2008-07-16T14:30:00Z

    POLAND – Polish pension funds reported a fall in the value of their assets of -2.6% for the first half of 2008.

  • Buckinghamshire seeks three new managers
    News

    Buckinghamshire seeks three new managers

    2008-07-16T14:41:00Z

    [15:41 CEST 16-07] UK – Buckinghamshire County Council is searching for three new investment managers for its pension scheme, with the mandates valued up to £325m (€408m).

  • Personal accounts charging structure splits industry
    News

    Personal accounts charging structure splits industry

    2008-07-17T10:51:00Z

    [11:51 CEST 17-07] UK – The charging structure for personal accounts has split the pensions industry, with life insurers preferring a combined charge, and other stakeholders favouring a single annual management charge (AMC)

  • Kingston seeks transition manager for portfolio restructure
    News

    Kingston seeks transition manager for portfolio restructure

    2008-07-17T13:14:00Z

    [14:14 CEST 17-07] UK – The Royal Borough of Kingston upon Thames is seeking a global transition management provider for its pension fund.

  • News

    PKA campaigns for lower guarantees

    2008-07-17T13:28:00Z

    [14:28 CEST 17-07] DENMARK – Pensionskassernes Administration (PKA), Denmark’s largest occupational pension fund administrator, will try to persuade members to abandon guaranteed positive returns.

  • Dutch big four lose €16bn in first half
    News

    Dutch big four lose €16bn in first half

    2008-07-17T14:02:00Z

    [15:02 CEST 17-07] NETHERLANDS – ABP, PFZW, PMT and PME are down almost €16bn in the first half of this year following losses on equity and real estate investments.

  • Unilever fund to double commodities
    News

    Unilever fund to double commodities

    2008-07-17T14:27:00Z

    [15:27 CEST 17-07] NETHERLANDS – Progress, the €4bn Dutch pension fund of food and home care products manufacturer Unilever, is looking to double its commodity investments by the end of 2008.

  • News

    Swedish church fund shows faith in SAM

    2008-07-17T14:31:00Z

    [15:31 CEST 17-07] SWEDEN – Svenska Kyrkans Pensionskassa, the Swedish Church Pension Fund, has allocated SEK250m (€26.3m) in global equities to Sustainable Asset Management (SAM).

  • News

    German SMEs confused by pension disclosure

    2008-07-17T14:36:00Z

    [15:36 CEST 17-07] GERMANY – The pension provider Dgbav has warned that smaller companies are struggling with transparency rules for pensions. (amends Dgbav's label)

  • News

    DB schemes continue feeding buyout market

    2008-07-17T15:06:00Z

    [16:06 CEST 17-07] UK – Almost half of UK private sector defined benefit (DB) pension schemes expect to offload their liabilities through a pension buyout or other type of transaction within the next 10 years, according to consultancy Watson Wyatt.

  • News

    New group targeted for German second pillar

    2008-07-18T09:27:00Z

    [10:27 CEST 18-07] GERMANY – German insurance company R+V will offer low earners second pillar pension products.

  • News

    Landmark case points funds to insurance arena

    2008-07-18T12:08:00Z

    [13:08 CEST 18-07] NETHERLANDS – A Dutch court has ruled that pension funds turned asset managers can continue working under the same name.

  • News

    Ireland to review ethical investments

    2008-07-18T12:57:00Z

    [13:57 CEST 18-07] IRELAND – The Irish government will examine ethical investment following increased calls for independent scrutiny of the National Pension Reserve Fund's (NPRF) holdings in companies operating in Zimbabwe.

  • News

    1 in 3 Dutch funds have long term reserve shortage – Mercer

    2008-07-18T13:37:00Z

    [14:37 CEST 18-07] NETHERLANDS – Currently one out of every three Dutch pension funds has a long term reserve shortage, according to investment consultancy, Mercer.

  • News

    TNT doubles allocation to inflation-linked debt

    2008-07-18T14:05:00Z

    [15:05 CEST 18-07] NETHERLANDS - The TNT postal fund has doubled its allocation to inflation-linked bonds at the expense of EMU government paper.

  • News

    €24bn Finnish fund loses manager selector

    2008-07-18T14:55:00Z

    [15:55 CEST 18-07] FINLAND – The head of external equity manager selection at the Local Government Pensions Institution (LGPI), Finland’s largest retirement fund, has left her post.

  • News

    Trustees concerned over transfer incentives - TPR

    2008-07-18T15:21:00Z

    [16:21 CEST 18-07] UK – Trustees were concerned about potential conflicts of interest in a third of cases where schemes have offered members an inducement or incentive to transfer out of the scheme or accept reduced benefits, The Pensions Regulator (TPR) has revealed.

  • News

    Pension funds will change Romania - National Bank

    2008-07-18T16:00:00Z

    ROMANIA – Private pension funds will change the financial landscape of Romania, accelerate the development of the equity and bond markets, according to the National Bank of Romania.

  • News

    Swiss returns slump to -8.38% without property

    2008-07-21T08:11:00Z

    [12:40 CEST 21-07] SWITZERLAND - Swiss Pension funds returned -8.38% for the first half of this year, according to State Street's latest Swiss Pensionskassenindex.

  • News

    Cambridgeshire goes passive

    2008-07-21T10:32:00Z

    [12:35 CEST 21-07] UK – The £1.4bn (€1.8bn) pension fund of UK local authority Cambridgeshire county council has awarded a £140m passive equity mandate to State Street Global Advisors (SSgA).