All IPE articles in July 2013 (Magazine) – Page 2

  • Features

    If it looks like a duck

    July 2013 (Magazine)

    Hybrid corporate bonds are taking off as investors scramble for yield. But Martin Steward wonders if the hybdridity balance is shifting against investors

  • Opinion Pieces

    OTPP looks east

    July 2013 (Magazine)

    The CAD129.5bn (€96.4bn) Ontario Teachers’ Pension Plan (OTPP) believes it is one of the best managed pension funds in the world. To remain that way, it is looking east for growth and is adjusting to the new demographic trends, but not abandoning its defined benefit (DB) model.

  • Opinion Pieces

    Happy in the hot seat

    July 2013 (Magazine)

    Jeremy Woolfe asks Gabriel Bernardino, the chairman of the European Insurance and Occupational Pensions Authority, about the challenges he faces stuck in the crossfire of the conflicting interests of the European pensions industry

  • Features

    My way, not the highway

    July 2013 (Magazine)

    Jeroen Dijsselbloem was never going to have an easy time as the Dutch minister of finance, thanks to the country’s slowing economic growth and the need for cuts to bring deficit spending under the European Union’s 3% threshold.

  • Features

    Is history quietly repeating itself?

    July 2013 (Magazine)

    With the system already as heavily leveraged as it was in 2007, markets are hanging on every word from Ben Bernanke. Dan James thinks this only adds to the feeling of déjà vu

  • Country Report

    Italy: Three sparks needed to ignite the Italian pensions market

    July 2013 (Magazine)

    State Street Global Advisor (SSGA) is one of the leading Italian institutional asset managers, managing €10bn of domestic institutional investors’ funds as of June 2013. It holds 13 mandates from closed pension schemes such as Cometa and Fonchim and 15 mandates from casse di previdenza, a sector where the Milan-based asset manager is the undisputed leader, giving the firm a broad view of the Italian institutional investment market. Marco Fusco, SSGA’s head of southern Europe outlined the three sparks he believes are needed to ignite the Italian market.

  • Special Report

    Investment Solutions: Not a smooth ride

    July 2013 (Magazine)

    Ian Morse asks Patrick Groenendijk, CIO of Vervoer about his views on fiduciary management in the light of his fund’s experiences with Goldman Sachs Asset Management

  • Country Report

    Italy: Still waiting

    July 2013 (Magazine)

    Nina Roehrbein notes potential interest in emerging markets and declining exposure to domestic government debt among Italy’s occupational pension funds

  • Special Report

    With pensions in its sights

    July 2013 (Magazine)

    Mark Nicholls asesses the UK’s Green Investment Bank plans to target the institutional investment community, and pension funds in particular

  • Features

    Keep it simple, stupid

    July 2013 (Magazine)

    Nina Röhrbein speaks to Peter Hansson, CEO of Swedish pension fund, Sparinstitutens Pensionskassa, about how how he keeps it simple

  • Features

    Smarter outsourcing

    July 2013 (Magazine)

    The term ‘outsourcing’ first came to light in 1979, and gained popularity in business by the 1990s as companies sought supply-chain efficiency and to concentrate on their core activity. The notion also gained currency in pension fund management.

  • Features

    The public sin

    July 2013 (Magazine)

    Last spring, Christian Aid argued that the entry of pension funds into the soft-commodities derivatives market had contributed to recent hikes in food prices.

  • Asset Class Reports

    Structured Credit: Peripheral euro-zone ABS: a liquidity-driven rally

    July 2013 (Magazine)

    European asset-backed securities (ABS) markets may not be as attractively priced as they were immediately after the financial crisis, but they can still add useful diversification of credit risk and they may still even offer some value.

  • Features

    APG looks to swap futures to reduce costs

    July 2013 (Magazine)

    APG, the €336bn pensions provider and asset manager, is studying the possibility of using swap futures – a derivative instrument under development in the US – as a means of cutting the cost of initial margins in central clearing.

  • Interviews

    Beyond US sub-prime

    July 2013 (Magazine)

    If Philip Weingord, co-founder and CEO of Seer Capital Management, isn’t ‘Mr Structured Credit’, then co-founder and CIO Richard d’Albert would be just as good a candidate.

  • Asset Class Reports

    Structured Credit: Signs of life return to CLOs

    July 2013 (Magazine)

    Jennifer Bollen finds a re-birth in Europe’s CLO market, offering better pricing and lower risk – but facing significant obstacles to achieving maturity

  • Asset Class Reports

    Structured Credit: A turning point for European commercial mortgage-backed securities

    July 2013 (Magazine)

    Commercial mortgage-backed securities (CMBS) have not experienced the same dramatic rally and tightening of spreads as that seen in the market for residential mortgage-backed securities (RMBS). One might expect that their relative cheapness would therefore make the case for investment.

  • Special Report

    Investment Solutions: Spiralling into control

    July 2013 (Magazine)

    Mariska van der Westen surveys the Dutch fiduciary management landscape. Pension funds are requiring providers to tailor their services and regaining control of the investment chain, as yesterday’s fashions fall out of favour and old models gain popularity once more