All IPE articles in June 2009 (Online)

View all stories from this issue.

  • News

    Inflation wreaks havoc for top 200 UK schemes

    2009-06-01T13:00:00Z

    [14:00 CEST 01-06] UK - Inflationary fears led to a massive deterioration in the accounting position of the UK's biggest pension funds in May, according to Aon Consulting.

  • News

    Mercer adapts service to aid dynamic de-risking

    2009-06-01T14:30:00Z

    [15:30 CEST 01-06] UK – Mercer, the consulting firm, has created a spin-off to its implementing consulting service for the UK pensions market, to allow trustees to delegate much of the day-to-day decision-making related to funding levels.

  • News

    Cardano to tackle Express Group’s pension solvency

    2009-06-01T14:45:00Z

    [15:45 CEST 01-06] UK – The UK office of consulting firm Cardano has been appointed as the ‘solvency manager’ to the trustees of the Express Newspapers 1988 Pension Fund.

  • News

    Pension funds eye emerging markets ETFs

    2009-06-01T14:59:00Z

    [16:00 CEST 01-06] EUROPE - Nearly half of Europe's most powerful investors want more emerging market equity ETFs in the marketplace, suggests a survey from EDHEC Risk and Asset Management Research Centre.

  • News

    Shell ordered to pay €316m class action settlement

    2009-06-01T15:45:00Z

    [16:45 CEST 01-06] EUROPE – Pension funds and institutional investors of a securities class action against Royal Dutch Shell have won a higher compensation payout than earlier expected, following a landmark decision by the Amsterdam Court of Appeals.

  • News

    Mistake could cut teachers' pensions by £100pm (amended)

    2009-06-01T15:55:00Z

    [16:55 CEST 01-06] UK - Letters have been sent to 11,700 retired UK teachers warning that their pensions will be reduced to correct a previous overpayment by the scheme.

  • News

    Danish fund looks east for pension gains

    2009-06-01T16:05:00Z

    [17:05 CEST 01-06] IPE-QUEST - A Danish pension fund is looking to invest in actively-managed Asian equities via IPE-Quest.

  • News

    Pensions to be 'unaffected' by GM Europe takeover

    2009-06-02T15:00:00Z

    [16:00 CEST 02-06] EUROPE – Officials at GM Europe say their European pension schemes should be unaffected by the proposed takeover by a Canadian firm, although public figures are not available to deduce the extent of the car manufacturer’s European pensions liabilities.

  • News

    Competition rules applicable to pension funds - watchdog

    2009-06-02T15:10:00Z

    [16:10 CEST 02-06] NETHERLANDS - All Dutch pension funds are to be treated as companies under the Dutch competition legislation known as the ‘Mededingingswet’.

  • News

    APG makes first IMQubator investment

    2009-06-02T15:30:00Z

    [16:30 CEST 02-06] NETHERLANDS – IMQubator, an innovation project backed by asset manager APG, has selected its first investment target with an allocation of €25m, and bought into a start-up fund combining an absolute return strategy with a new take on sustainability.

  • News

    Philips scheme sees limited cover fall

    2009-06-02T15:40:00Z

    [16:40 CEST 02-06] NETHERLANDS - The €12.5bn pension fund of electronics giant Philips saw only a limited decrease to its cover ratio during the first quarter of this year, compared with other pension schemes, as a relatively large part of its assets were invested in fixed income.

  • News

    DB schemes still too equity-heavy, claims IIA

    2009-06-02T15:50:00Z

    [16:50 CEST 02-06] UK – A UK-based pensions consultant has urged defined benefit pension schemes to abandon their traditional investment approach for a risk-based investment approach where assets are more closely matched to scheme liabilities, as officials believe there is still too much emphasis on equities.

  • News

    Buyout market set to halve in 2009

    2009-06-02T16:00:00Z

    [17:00 CEST 02-06] UK – The UK’s pension buyout market is expected to fall to £4bn (€4.6bn) in 2009, in the wake of the financial crisis.

  • News

    Investor begins a Latam Quest

    2009-06-02T16:10:00Z

    [17:10 CEST 02-06] IPE-QUEST – A European institutional investor is looking to invest $80m (€56m) in Latin American equities, so is conducting a search via IPE-Quest.

  • Robeco to move its PE team
    News

    Robeco to move its PE team

    2009-06-03T12:00:00Z

    [13:00 CEST 03-06] EUROPE - The €410m clean tech and sustainable private equity team at Robeco – the Dutch asset management division of Rabobank Group – is about to move from Rotterdam to Zurich, where it will join its fully-owned investment manager SAM.

  • News

    Wednesday people roundup

    2009-06-03T13:00:00Z

    [14:00 CEST 03-06] GLOBAL – People roundup: Hewitt, Pimco, Hermes Fund Managers, The Pensions Regulator, Nordea, Prupim, SNS Reaal, RWC Partners.

  • News

    Norway seeks partners in climate change risk study

    2009-06-03T15:00:00Z

    [16:00 CEST 03-06] GLOBAL - Norway's Government Pension Fund has signed up to a project led by Mercer to measure the impact of climate change on strategic asset allocation.

  • News

    Irish deficits fall a third in two months

    2009-06-03T15:10:00Z

    [16:10 CEST 03-06] IRELAND – Irish pension fund deficits are likely to have reduced by approximately one-third since March thanks to improved market conditions, but trustees are still being advised by Mercer to focus more on strategic than on operational issues.

  • News

    Swiss companies to feel pensions pressure – Credit Suisse

    2009-06-03T15:20:00Z

    [16:20 CEST 03-06] SWITZERLAND – Credit Suisse has warned Swiss companies could suffer weakening of their credit ratings on bond holdings over the coming months as they may be required to tackle weighing pensions funding shortfalls.

  • News

    Audit found passive funds lack ESG focus

    2009-06-03T15:40:00Z

    [16:40 CEST 03-06] UK - A significant proportion of equity holdings managed within passive funds is not subject to high levels of environmental, social and governance (ESG) risk management, suggests an audit carried out by RImetrics.