Latest from IPE Magazine – Page 570
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Features
Making a splash in pension pooling
There is an increasing amount of interest in the establishment of pension pooling vehicles by multinational organisations seeking to combine their international or European pension investments in a single global or single regional fund. The pooling of pension assets in a single vehicle is an attractive concept as it generates ...
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Features
A perplexing market
In 1853 a small fleet of five black US navy ships led by USS Powhatan and commanded by Commodore Matthew Perry, anchored at Tokyo Bay and opened up Japan to international trade after 250 years of isolation. A combination of diplomatic finesse backed up by gunboats had transformed the attitudes ...
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Features
Simplicity is the key
Commodities are Jim Rogers’ investment passion. As a measure of their neglect by other investors, he puts forward a simple observation: “There are 40,000 mutual funds for stocks and bonds, but you cannot find five mutual funds investing in commodities.” Rogers, a co-founder of the Quantum fund, and best-selling author ...
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Features
Show me the money flows
In just a few years, the business of institutional investment research has gone through seismic shifts. These shifts have been prompted in part by the exposure of tainted recommendations and conflicts of interest among research analysts on both sides of the Atlantic. In some cases, analysts were not only expected ...
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Features
Pay or prerequisite?
Two views of pensions have developed in Europe. One is that a pension, whether provided by government or private sector, is effectively deferred pay. In this view, members of defined benefit (DB) pension schemes exchange pay today for future pensions. In other words, people will accept wages at lower than ...
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Features
Mercer expanding multi-manager service
International consultant Mercer says plans are “well under way” to expand its new multi-management service into the UK, Ireland and continental Europe following its US launch. The new business will use research into asset managers from Mercer Investment Consulting. Mercer says its Mercer Global Investments arm has now formally launched ...
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Features
International investment tops
A new academic study has found that international investment brings better returns and that the reasons for limiting foreign investing are weak. “Data confirm theory that international investment allows superior investment performance in terms of risk and return,” says E Philip Davis, Professor of Economics and Finance at London’s Brunel ...
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Features
Revolution at the top
Europe’s largest pension fund, the mighty ABP has turned its approach to investment inside out. The equity portion of the E170bn portfolio that was 75% externally managed just three years ago, is now two-thirds internally managed. The 45% that was on an indexed basis has fallen to zero – the ...
