Latest from IPE Magazine – Page 454
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FeaturesFI and multi-strategy lose out
Funds of Funds, like hedge funds, got off to a rough start to 2008, and the Eurekahedge Fund of Funds index had its worst month since inception, losing 2.9 %.
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Features
CTAs are sole performer
January was characterised by a strong decline in stock markets, with an S&P500 return of -6.12%. This index, which fell for the third month in a row, finished the month at its level of October 2006.
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Features
Market crisis hits 2007 results
The financial markets turbu-lence seen in the last five months of 2007 had a major impact on pension fund performance across Europe.
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FeaturesEU warning over tax discrimination
Germany and Estonia received formal notices from the European Commission requesting information concerning different tax treatment of foreign pension funds on dividends and interest.
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Features
New Jersey buys financials cheaply
These days the most talked about pension fund in the US is New Jersey State’s Retirement System. With $81bn (€54.7bn) in assets, it is the ninth largest US public pension fund. It is also the instigator of a highly innovative attempt to team with other large institutional investors, including foreign ...
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Special ReportFilling a gap in the public sector
Contractual workers in the public sector lack the pension rights of their full time colleagues. George Coats finds a man on a mission to redress this imbalance
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FeaturesIndustry-wide get together
Sector funds were intended to expand second pillar provision but they have been slow to take off. George Coats examines why
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Features
Keeping something in reserve
An Ageing Fund has been put in place to provide assistance with financing public expenditure. But it is far from a silver bullet, finds George Coats
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Special ReportLight touch regime
Belgium’s regulator tells George Coats about the thinking behind Belgium’s new pensions framework and how he will police it
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Special ReportIntroducing a new framework
Thierry Verkest explains the recent legislative and regulatory changes that have transformed Belgium’s pensions landscape, and outlines some of the continuing debates
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Special ReportLearning to live with volatility
As pension funds adapt to a new regulatory structure and deal with market instability, asset managers are having to assess how funds may respond, writes Rachel Fixsen
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FeaturesDealing with external advisers
IPE asked three pension services – in Germany, the UK and Poland – the same question: ‘How do you make use of consultants?’ Here are their answers
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FeaturesWhy hedge funds mismanage alpha risk
The greatest source of market-driven hedge fund blow-ups is alpha, or manager skill risk. Leslie Rahl, Richard Horwitz and Erin Simpson of Capital Market Risk Advisors suggest this is due to an inadequate management of alpha risk
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FeaturesUnlocking the buyout market
The UK’s pension buyout sector has generated attention and controversy in almost equal measure. Joseph Mariathasan discusses business models and future trends with leading players
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FeaturesCommission issues two surveys in fight for pensions portability
More artillery has arrived on the battleground where the EU is still fighting for pan-European legislation on the portability of supplementary, non-state pensions for employees. The weapons recently wheeled into place by the European Commission takes the form of two heavyweight studies. These include existing national business practices, measures of ...
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Features
Not another dagger?
The recent paper from the UK Accounting Standards Board (ASB) was described by Aon Consulting as “another dagger in the side of final salary pensions”. But when is a dagger not a dagger? Apparently, when an organisation or even an individual does something to draw attention to the increasingly unsustainable ...
