Latest from IPE Magazine – Page 524
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Features
Moving into a new phase
The European directive of 2003 concerning the activities and the regulation of occupational pension funds was adopted following a very long and difficult process. All things considered, the impact of this directive is very limited for a country like France1. Nonetheless it is a good starting point for us to ...
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Features
Learn to love tight spreads
We live today, in a somewhat surreal world where, as Tim Bond, the author of the Barclays Capital Equity Gilt Study points out, £800bn (€1.2trn) of final salary UK pension schemes are trying to buy £41bn of long dated index-linked gilts, which he likens to an elephant trying to squeeze ...
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Features
X marks the treasure spot
Danish mortgage bonds have long been an attractive fixed income investment for Danish investors. Now foreign investors have also discovered the advantages of Danish mortgage bonds which offer a considerably yield pick-up and strong diversification effects. “There is no such thing as a free lunch”. A classical economic dogma and ...
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Features
Making the breakthrough
In 2000 the Taxation of Pension Investment Returns Act was introduced in Denmark. Like a good new year’s resolution it promised a simpler taxation regime for all, and a gateway for foreign asset managers wishing to break into the domestic Danish market. Five years of freedom have seen major growth ...
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Features
Positive currents in DC market
More retirement savings, easier investment choices, lower management fees. A worker’s dream? No it is not, according to recent research about new trends in US defined contribution (DC) plans. Thanks to regulatory and market pressures, in 2006 DC plans, like 401(k)s, will conquer more participants and will be more understandable. ...
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Special Report
Land of opportunity
“Companies addressing issues such as global demographic developments, rising consumption of raw materials and energy and the increasing environmental impact and effects of these are acquiring competitive advantage over those that were not” says Andreas Knoerzer, head of sustainable investments at Bank Sarasin. Sarasin has been involved in sustainability ...
