Latest from IPE Magazine – Page 387
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Country Report
Switzerland: The big squeeze: active vs passive
Emma Cusworth asks if active management is stifled by the concentrated nature of the Swiss market
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Country Report
Switzerland: Sitting pretty
Emma Cusworth charts Swiss pension funds’ allocations to domestic equities
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Country Report
Switzerland: Alternative route to diversification
Are Swiss pension funds overcoming their traditional aversion to hedge funds and alternatives? Nina Röhrbein reports
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Country Report
Switzerland: Not enough of a good thing
Nina Röhrbein charts demand for Swiss domestic property and a market that cannot satisfy institutional demand
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Country Report
Switzerland: Efficient, secure and transparent pension funds
The relative benefits of a pension fund are impossible to judge as each stakeholder has a different level of expectation. Gérard Fischer looks at ways of defining a ‘good’ scheme
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Country Report
Switzerland: Of prudence and pretence
The asset allocation of Swiss pension funds is subject to detailed government regulations. As the granularity of these regulations has been relaxed over the years, some say that Switzerland is well on her way to adopt the globally established prudent investor standard. Christian Dreyer begs to differ
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Country ReportSwitzerland: BVK rises from the ashes
The head of asset management is new, the CEO remains in place for stability and a package of recovery measures should take care of the deficit. Barbara Ottawa asks whether all is really well at the Zurich canton pension fund
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Country ReportSwitzerland: A never-ending road
With impeccable timing, yet another scandal has hit Swiss pensions just as the country is finalising a reform of second pillar supervision. Barbara Ottawa assesses the state of Swiss pension regulation and governance
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Country ReportSwitzerland: A never-ending road
With impeccable timing, yet another scandal has hit Swiss pensions just as the country is finalising a reform of second pillar supervision. Barbara Ottawa assesses the state of Swiss pension regulation and governance
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Features
Keep it in the family
Gail Moss examines the arguments for and against retaining control of asset management in-house
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Features
Common-sense overlay
Brendan Maton spoke to Jo Ray, who runs the pension fund of Lincolnshire County Council on England’s east coast, about the fund’s common-sense approach to in-house and external asset management
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Features
A cornerstone of excellence
In the fifth and final article in a new survey, Jervis Smith and Amin Rajan argue that outsourcing is no longer a nickel-and-dime business
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Opinion Pieces
George Hoguet, State Street Global Advisors
As the industry ponders the medium-term implications of quantitative easing, sharp fiscal adjustment in Ireland, Greece and elsewhere, intervention by the Bank of Japan in the Japanese equity market, ‘currency wars’ and the future of the Obama presidency, they must confront a stark reality.
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Features
Heavyweights reject Solvency II
Policymakers, pundits and pensions gurus gathered in Brussels recently to attend the European Commission conference on the Green Paper on pensions. And while the event’s official line may have been safety, sustainability, transparency, working together – with László Andor, commissioner for employment, social affairs and inclusion, pointing out that funding ...
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Features
Stalemate ahoy
The debate on the reform of pensions and the creation of systems that are “adequate, sustainable and safe” has now moved from the European Commission and into the European Parliament. This institution is now developing its follow-on to the Commission’s Green Paper that set out a series of questions in July. But Parliament’s challenges appear to be formidable.
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Features
Corridor demolished
The corridor is no more. On 20 October, members of the International Accounting Standards Board (IASB) voted to scrap the IAS19 deferral mechanism. In its place comes the net interest approach.
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Features
Global systems lack an ‘A’
Comparing more than a dozen pension systems worldwide, some might expect at least one to achieve the highest mark. However, Mercer, working with the Australian Centre for Financial Studies (ACFS) on comparing retirement arrangements across the globe in its second Melbourne Mercer Global Pension index, was unable to award an ...
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Opinion Pieces
Public vote for change
The Republic victory at the November elections has huge implications for public pension funds. The results are, in fact, supportive of reform to retirement systems that are threatening to bankrupt several state and local administrations. A few newly elected governors advocate moving towards a hybrid pension model where at least ...
