Latest from IPE Magazine – Page 529
-
Features
A changing marketplace
While it may be natural for European institutional investors to see European equities as a core asset class, what is not so clear is what should be included within that definition, and on what basis managers should be selected. The US market has a culture of much more specialisation of ...
-
Features
Making the connection
Although British Telecom (BT), the UK’s incumbent telecoms operator, provides pension schemes in each of the 140 or so countries in which it operates, only a tiny proportion – around 0.3% – of the £34bn €49.5bn) of assets under management are accounted for by the company’s foreign subsidiaries. “The UK ...
-
Features
Bond managers: can they predict?
Although we have seen quite a bit of research on the usefulness of equity analyst’s buy and sell recommendations for individual shares, far less research has been done that addresses the overall asset class visions of analysts and strategists. Perhaps this can be attributed to the fact that data providers ...
-
Features
Going their own way
While governments across Europe are pulling out all the stops to ensure working people are making enough provision for retirement, the dominant forms of non-state pension schemes vary from country to country. Besides corporate schemes and industry-wide schemes, professional schemes perform a vital role on the pensions stage, even though ...
-
Features
Active route away from the crowd
The London Pensions Fund Authority, (LPFA), is one of the UK’s leading public sector pension schemes, with 73,000 members and £3.2bn (€4.7bn) in pension fund assets. It was set up in 1989 as a stand-alone public body to take over the running of the pension fund of the Greater London ...
-
Features
Evaluating performance
Evangelism is in short supply in the pensions industry. So it is refreshing to find odd voices that are full of belief. Two such belong to Kevin Sime and Roger Brown of Blacket Research in Edinburgh. Blacket is an independent business seeking ways to evaluate the advice given by investment ...
-
Features
How to choose an adviser
In a marketplace crowded with specialist fund managers, many pension funds rely heavily on a consultant to help them search for what they want and haggle once they have found it. But choosing a consultant in the first place, and then later deciding whether to keep the one they have, ...
-
Features
Giving good advice
While trustees at pension funds may not always be experts in every field of investment, it hardly seems to matter when not only consultants, but banks and asset managers are only too willing to advise them. Some argue that the independent advice of consultancy firms is the only advice worth ...
