Latest from IPE Magazine – Page 753
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Features
Pension systems developed to meet different needs
ARGENTINA The pension reform in Argentina was approved in 1993, establishing a mixed system consisting of a public pension pay-as-you-go pillar, complemented by a mandatory second pillar in which workers can choose between privately managed individual accounts or a publicly managed defined benefit scheme. Affiliation to the system, the Sistema ...
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Features
Spanish banks' advantage
It is interesting the lack of interest at an international level about the process of privatisation of Latin American pension systems. This financial service area has a client base of 40m with $80bn under management in eight different countries. But the economic and social advantages of these systems are not ...
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Features
Good time for the buy decision
In times of high risk aversion and fears of global recession investors tend to overlook the opportunities offered by emerging markets, it is a pity, as this is usually the best time to buy. Recent results may help to put through this thesis. In the year to date the MSCI ...
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Features
Rise and rise of Luxembourg specialised funds
It was a surprise when, through the publication of my article on Luxembourg specialised investment funds (LSI) in the Luxembourg supplement published with the February issue of IPE, it became evident that LSI had already reached a volume of nearly e40bn by autumn 2000. Since then, the 2000 year-end figures ...
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Features
Using multinational pooling for effective management
In essence, multinational pooling is a technique that allows organisations with multiple operations around the world to consolidate their employee benefit insurance contracts in these countries with a local insurer of an international insurance network. Financial and non-financial advantages of multinational pooling are often described to include: q economies of ...
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Features
Industrialists call for action
The pensions debate in Europe has been given a boost by the substantial might of the European Round Table of Industrialists (ERT), whose members have a combined turnover of e950bn and employ over 4m people. The ERT turned to the state of Europe’s fragmented pensions industry last year and subsequently ...
