Latest from IPE Magazine – Page 267
-
Country Report
Pensions in Central & Eastern Europe: Unwanted child no longer
Romania’s privatisation programme is providing domestic pension funds with more investment opportunities, finds Carlo Svaluto Moreolo
-
Special ReportSpecial Report, The M&A Cycle: Raw Deals
Mergers and takeovers can be traumatic for bondholders. Beverly Chandler finds portfolio managers carefully scrutinising their covenant protections
-
Features
Frozen conflict
Since a 1964 report on road pricing in the UK, authored by one RJ Smeed, the idea of charging citizens for use of public highways has been repeatedly raised in Britain.
-
Features
A divergent opinion
If there is one big idea running markets around the world at the moment, it’s the ‘great policy divergence’. I’ve articulated the idea more than once: just last month I suggested it would take a “brave, brave soul to bet against the dollar”.
-
Features
Markets and pensions
Do financial markets reward countries that have a fully funded and mandatory second-pillar pension system? It is hard to say. But it’s clear they do not penalise countries that dismantle theirs.
-
Features
Looking ahead: questions for 2015
Micro-prudential or macro-prudential? What do you mean by long term? Is less sometimes more? Is less sometimes more?
-
Features
Heavy hitters throw weight behind collective DC
A pension reform plan recently tabled by nine industry experts in the Netherlands could very well serve as the backbone of the country’s future pension system.
-
Features
Focus on pension funds’ social purpose
One of the most important victories during the recent bargaining process over the revised IORP Directive is related to the fundamental nature of pension institutions.
-
Features
Supply, demand and the Juncker plan
A plan to meet the EU’s infrastructure needs was announced as 2014 drew to a close, with new European Commission president Jean-Claude Juncker launching an investment fund that will be leveraged up to €300bn with institutional capital and guarantees aimed at reducing risk.
-
Country Report
When the trend is not your friend
The convergence between asset management and consultancy was a topic for discussion at a conference on fiduciary management organised by the German Federation of Financial Analysts and Asset Management (DVFA) in Frankfurt last November.
-
Features
Some Kodak moments
At the recent IPE Conference and Awards event, the audience voted on many questions but two really were extraordinary moments worth capturing.
-
Features
Discount-rate agenda
The research effort of the International Accounting Standards Board (IASB) on discount rates is pretty low-key. Its 2011 agenda consultation revealed moderate support to examine discounting under IFRS. The project is limited in scope, has one full-time staff member, and might not even result in any changes.
-
Features
Letter from Brussels: Snail’s pace on new rules
An EU-wide framework for third-pillar personal pension products (PPPs) with an optional set of ‘second regime’ rules is inching forward.
-
Features
Selfish EU governments put future of union at risk
Selfish EU governments are putting the continued survival of the European Union at risk, Ireland’s former taoiseach John Bruton has warned, as he told IPE the UK was likely to be the only outlier in a two-speed Europe.
-
Features
Institutions must dare to invest in untested asset classes
Pension funds and other institutions need to be braver, given the environment of low interest rates, and consider strategies used by hedge funds, the 2014 IPE Conference heard.
-
Features
Funds warm to activist strategies
Almost three-quarters of attendees at IPE’s 2014 conference believe activist shareholding strategies have a role within institutional investment.
-
Features
Investors are ‘ill prepared’ for climate change
Investors are ill prepared for a loss of asset value due to climate change, according to a poll conducted at the 2014 IPE Conference.At the event, 83% of delegates said they were badly or very badly prepared for such a development.
-
Features
Savvy execution is the new silver bullet
In the third article in a new series, Pascal Blanqué and Amin Rajan argue that the ex post returns no longer match the ex ante promises
-
Features
New ways to talk to your members
As European social welfare budgets come under pressure, persuading stakeholders of the need both to make retirement provision and to save towards it is becoming more crucial. Yet planning and funding a communications strategy to achieve this will be wasted if members neglect to read or simply ignore the literature. ...
-
Features
Flaws in the holistic balance sheet
Wilfried Mulder and Peter Vlaar outline fundamental shortcomings in EIOPA’s holistic balance sheet approach
