Latest from IPE Magazine – Page 521
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Features
Porting alpha via hedge indices
To understand the concept, firstly ‘alpha’ has to be defined. Alpha is a return that is unsystematic and uncorrelated to a general market direction and risk, whereas beta is a systematic and market related return. The most important question is, what is ‘general market’? Do we only talk about overall ...
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Features
European convergence
Eastern European stock exchanges have soared ahead in the past few years. However, we believe that they still offer good long-term potential, thanks to the beneficial impact of European convergence. This does not only apply to the countries that joined the EU last year, but also future applicants and neighbouring ...
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Features
Firms in Germany plan pan-European schemes
Nearly half the big companies active in Germany plan to create some type of pan-European pension scheme by 2010 following the emergence of the EU pension fund directive, according to a new study by consultant Rauser Towers Perrin. The consultancy firm found 42% of the companies said they would create ...
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Features
Pensions disarray on Capitol Hill
It is spring, but it already feels like November when US Congressional elections will take place. The political fall wind is already freezing any attempt to approve unpopular or controversial legislation. That explains why the US Congress left for its two-week Easter recess without approving a new pension legislation, which ...