All IPE articles in June 2007 (Online) – Page 5

  • News

    Outgoing Schroders head to join Fortis

    2007-06-18T10:07:31Z

    [11:07 CEST 18-06] GERMANY – Martin Theisinger, currently German head for Schroders Investment Management, will join Belgian manager Fortis Investments in September as its new head of client relationship management for Germany, Austria and CEE.

  • News

    Legislative move set to boost Turkish pensions

    2007-06-15T16:12:03Z

    [17:12 CEST 15-06] TURKEY – Turkey’s president Ahmet Necdet Sezer has approved a law which is expected to lead to a growth of the country’s private pensions sector.

  • News

    SNS to expand securities presence with FBS takeover

    2007-06-15T16:01:48Z

    [17:01 CEST 15-06] NETHERLANDS – SNS Bank’s securities business is in talks to buy specialist securities firm and institutional investment manager FBS Bankiers for an undisclosed amount.

  • News

    CEIOPS to study IORP interpretations

    2007-06-15T16:01:24Z

    [17:01 CEST 15-06] EUROPE – The Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) is investigating how many interpretations of the European Unions' IORP directive are likely to emerge.

  • News

    BP seeks new CIO

    2007-06-15T16:01:01Z

    [17:00 CEST 15-06] UK – Colin Maltby is stepping down as head of investments of the BP Pension fund.

  • News

    Long-term bond yields drive Irish funding level

    2007-06-15T16:00:36Z

    [17:00 CEST 15-06] IRELAND – Irish corporate pensions’ funding levels have improved by 20% since the beginning of this year because of increasing long-term bond yields, according to consultants Mercer.

  • News

    Straatman warns of volatility risk

    2007-06-15T15:59:56Z

    [16:59 CEST 15-06] EUROPE - Pension funds should now be looking to decrease their investment risk rather than introduce more because volatility risk is likely to rise, according to a former Dutch pension fund executive.

  • News

    Bosch chooses actuary

    2007-06-15T15:56:50Z

    [16:56 CEST 15-06] GERMANY – White goods producer Bosch has chosen BodeHewitt as its pensions actuary for the company from 2008.

  • News

    AP1 head Sandeberg to retire

    2007-06-15T10:58:40Z

    [11:58 CEST 15-06] SWEDEN – William af Sandeberg is stepping down as chief executive of the largest Swedish buffer fund AP1.

  • News

    Countries to disclose pension liabilities

    2007-06-14T15:44:22Z

    [16:44 CEST 14-06] EUROPE – Pension liabilities of EU governments could soon be disclosed in a supplementary table of the European System of National and Regional Accounts (ESA).

  • News

    Contribution cap set for NPSS

    2007-06-14T15:43:54Z

    [16:43 CEST 14-06] UK – A maximum of £3,600 (€5331) can be contributed by to the UK's National Pension Savings Scheme (NPSS) bu an individual annually once launched in 2012, the government has announced today.

  • News

    Dutch broadcaster demands SRI

    2007-06-14T15:42:58Z

    [16:42 CEST 14-06] NETHERLANDS - Llink, the smallest Dutch broadcaster, has announced it will leave the industry-wide pension fund PNO Media if the scheme doesn’t change its investment policy.

  • News

    Europe needs to clean up its bond act – Louanges

    2007-06-14T15:42:25Z

    [16:42 CEST 14-06] EUROPE – The European Union (EU) and other debt issuers need to agree to make the European bond market easier to trade, argues fixed income manager Pimco.

  • News

    Low bond yields depress German bank fund BVV return

    2007-06-14T15:41:29Z

    [16:41 CEST 14-06] GERMANY – BVV, an €18.6bn pension fund for Germany’s financial sector, says its return on assets fell to 5.1% in 2006 from 5.4% in 2005 as continued low bond yields depressed its fixed income-laden portfolio.

  • News

    Zürich outsources pensions

    2007-06-14T15:39:40Z

    [16:39 CEST 14-06] SWITZERLAND – The pension scheme for the government staff in the Swiss canton Zürich will become a separate entity.

  • News

    Employer-guaranteed schemes decline hailed by Netspar

    2007-06-14T11:58:40Z

    [12:58 CEST 14-06] GLOBAL – As fewer corporate sponsors guarantee pensions, employees are becoming less dependent and conflict of interest is reduced, Lans Bovenberg, director at the Dutch pension research institute Netspar, has suggested.

  • News

    Schroders named as Shetland manager

    2007-06-14T11:57:40Z

    [12:57 CEST 14-06] UK – The Shetland Islands Council has named Schroders as the manager awarded a £20m (€29.6m) UK property mandate.

  • News

    Raise retirement age to 67 - think tank

    2007-06-13T15:46:00Z

    [16:46 CEST 13-06] NETHERLANDS - The Dutch government must actively approach the pensions crisis by raising the official retirement age from 65 to 67, the Council of Economic Advisers (REA) says.

  • News

    Inflation-wary institutions fear rate hikes

    2007-06-13T15:45:24Z

    [16:45 CEST 13-06] EUROPE – Institutional investors are forecasting higher short and long-term interest rates amid growing concerns of rising inflation, a survey has found.

  • News

    Kosovo fund finds new head

    2007-06-13T15:44:47Z

    [16:44 CEST 13-06] KOSOVO – The €241m Kosovan Savings Pension Trust (KSPT) has appointed Adrian Zalli as its new managing director.