Latest from IPE Magazine – Page 760
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Features
ECB resists rate cut mood
Only one to go? After the Bank of England’s careful quarter-point cut in early February, a move which followed similar actions from the central banks of the US, Canada, Australia, Denmark and even Japan, the spotlight turned, by default, on the European Central Bank (ECB). But no such rate-cutting announcement ...
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Features
Storming the French market
The big thing to hit the French institutional asset management market over the past year is multi-management. Michel Piermay, chief executive of Paris-based consultancy firm Fixage, says that the major financial institutions involved in asset management have recently created multi-management subsidiaries. “All big banks and insurance companies want to be ...
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Features
PPSEVs replace l’Epargne Retraite
Last August, the French government approved proposals to introduce a law allowing employees to subscribe to new voluntary tax-favoured savings plans to be known as ‘plans partenariaux d’épargne salariale’ (PPESVs). Contributions will be made by both employers and employees and the plans will have a duration of 10 years, at ...
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Features
What Euronext means for local brokers
Napoléon once said, “France needs me more than I need her”. Looking at the performance figures of Euronext and the Paris Bourse for 2000, one is left to wonder who needs whom the most. The statistics announced show, as was suspected all along, that Paris is the engine driving Euronext, ...
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Features
Poland and Hungary test investors' nerves
Alongside the economic reforms that the Polish government introduced last year were a whole raft of pension reforms aimed at overhauling the system by 2004. So far the government’s plans seem to be on track, and the asset management industry is playing a major role in moving things along. Although ...
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Features
Newex poser for local markets
The launch of the Newex in November last year was heralded as a sign of further of the consolidation of exchanges across Europe. The declared aim of Newex is to “develop a new market, by setting up an exchange with the recognised standards of a regulated European market designed for ...
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Features
Holistic benefit approach at GSK
In January last year multinational corporations Glaxo Wellcome and SmithKline Beecham announced merger plans to create a global leader research-based pharmaceutical and research company. Last December, after months of negotiations and integration plans between the two companies, the merger was completed and the new organisation began trading under the name ...
