Latest from IPE Magazine – Page 411

  • Special Report

    Governance push in Japan

    January 2010 (Magazine)

    The Japan Engagement Consortium aims to improve Japanese corporate governance standards at the same time as companies realise they must improve to attract investors, reports Nina Röhrbein

  • Interviews

    A Hamburg asset

    January 2010 (Magazine)

    The phlegmatic Hamburgers are often compared with the British by dint of their conservative outlook and controlled disposition. Perhaps no wonder that a Hamburg institution like Berenberg Bank should already count a UK local government pension fund among its asset management clients – and that it should be hunting for more such clients outside the German speaking world.

  • Interviews

    Concentrating on value

    January 2010 (Magazine)

    “Believe it or not,” says David Barse, president and CEO of Third Avenue Management, “I think we’re boring. Our portfolio might look interesting, but we never change our style or basic investment philosophy for different markets, or even for different asset classes, market-caps or regions.

  • IP Asia

    Access ETFs likely to feature in 2010

    IP Asia January 2010

    Activity in the exchange traded funds market looks set increase even further this year, as the major promoters boost their product range in Asia. Although the market is still developing, with the level of marketing activity, ETFs have quickly become an integral part of the Asia-Pacific region’s financial landscape. The ...

  • IP Asia

    New indices help investors adopt passive ESG policy

    IP Asia January 2010

    As SRI indices proliferate, there is an increasing need for comparative data on the indices themselves.

  • IP Asia

    New opportunities in emerging corporate bonds

    IP Asia January 2010

    Emerging market corporate bonds staged an impressive performance in 2009. T. Rowe Price has just produced a paper outlining the opportunity for institutions to diversify their bond alpha. As an asset class, emerging market corporate bonds are taking a more prominent role in fixed income portfolios, particularly as emerging market ...

  • IP Asia

    Beyond Domestic Bias

    IP Asia January 2010

    For many years pension funds across Asia were content to focus mainly on domestic markets - with high allocations to domestic bonds and equity. This home bias proved costly for many asset owners who missed out on a global uptick in equities, especially in emerging markets. Many Japanese pension funds, ...

  • IP Asia

    Where next for the NPS?

    IP Asia January 2010

    The New Pension Scheme framework is a tremendous concept, but turning the concept into a successful solution to the problems of old age poverty in India is a task that requires a level of commitment, organisation and resources that are still yet to be deployed. The experience of the past ...

  • IP Asia

    The IIMPS “Micro-Pension” model

    IP Asia January 2010

    Adopting the NPS for the mass of unregulated workers in the informal sector requires the ability to set up systems that enable small amounts of cash to be remitted at irregular intervals over long periods of time. Much of the NPS framework has been set in place to provide this ...

  • IP Asia

    Civil service pension reform

    IP Asia January 2010

    A major element of India’s future pension strategy is the adoption by central and state governments of the NPS framework as the basis for future public sector pensions. The Indian central government introduced the New Pension System (NPS) with effect from January 1, 2004. Under the new pension system, the ...

  • IP Asia

    Strategies and incentives for expanding voluntary pension coverage

    IP Asia January 2010

    Recommendation of the OASIS report The financial needs of an individual across their lifetimes are inevitably complex, whatever their wealth. Poor people lead lives with unpredictable cashflows, requiring risk management and the solution of complex financial problems. “As a result, consumers need sophisticated financial products”, says Ajay Shah, a Senior ...

  • IP Asia

    The plumbing for the NPS – the Unique ID Authority

    IP Asia January 2010

    One of the most difficult aspects of establishing a pension scheme for hundreds of millions of the poorest segments of India’s society, is identifying who they are absolutely accurately over a period of a lifetime. Many of the potential participants in the NPS are illiterate, and there may even be ...

  • IP Asia

    Setting up of the New Pension Scheme

    IP Asia January 2010

    Given the drawbacks of the traditional provisions for pensions, India faced pressures for reform, which led a decade ago to two separate developments. The first of these was the OASIS report initiated by the Ministry of Social Justice in July 1998, written by a Committee chaired by Surendra A. Dave, ...

  • IP Asia

    A global view of the financial crisis

    IP Asia January 2010

    Pension fund heads from around the world comment on the lessons they have learnt from the GFC.

  • IP Asia

    Lesson of the crisis for the Social Security Fund

    IP Asia January 2010

    Dai Xianglong, chairman of China’s National Council for Social Security Fund (NSSF) was a keynote speaker at the Pacific Pension Institute’s 2009 Asian Pension Fund Roundtable in Bangkok. Chairman Dai says the assets of the NSSF are expected to exceed 1 trillion RMB (approx. $150bn) within two years. He believes ...

  • IP Asia

    Don’t try to be too smart

    IP Asia January 2010

    That is the advice of French research institute EDHEC, as it increases its activity in the Asian region. Lionel Martellini, professor of finance and scientific director of the EDHEC Risk Institute, explains the group’s attempts to develop an alternative to traditional index benchmarking.

  • IP Asia

    Is this China’s bubble period?

    IP Asia January 2010

    PIMCO Japan’s Koyo Ozeki has produced an interesting study of China’s real estate boom in comparison with the major asset bubble that brought Japan to its knees in the late 1980s.

  • IP Asia

    China heading for disaster on the RMB

    IP Asia January 2010

    Beijing’s determination to avoid a dramatic RMB appreciation reinforces a monetary and FX dis-equilibrium that perpetuates large and unsustainable external imbalances that are without precedent.

  • IP Asia

    Asia’s pensions among the best and the worst

    IP Asia January 2010

    Australia and Hong Kong rank highest because the overall structures of their old age provisioning systems are quite balanced, despite setbacks to their funded systems as a result of the financial crisis.

  • IP Asia

    Building India’s pension future - introduction

    IP Asia January 2010

    In this special report, IPA’s India correspondent Joseph Mariathasan explains the issues and talks to those involved in mapping out India’s pension future.