Latest from IPE Magazine – Page 575
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Features
UK set to offer 50-year bonds
Pension funds will see an immediate benefit from the introduction of 50-year bonds by the UK government from this month. The ultra-long bonds are expected to help pension schemes better match their liabilities and help set the price of the synthetic products being expensively sold by investment banks. Gordon Brown, ...
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Features
JP Morgan walks away from FRR mandate
JP Morgan Investment Management, one of the fund managers lined up by the e19.2bn French reserve fund for stand-by mandates, has withdrawn, thereby giving up the chance to run Euro-zone large-cap and US mid-cap equities. The fund, the Fonds de Réserve pour les Retraites (FRR), said it would not re-award ...
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Features
Merger brings sadness at Watsons
Partners at UK-based consulting firm Watson Wyatt LLP are sad over its plans to merge with its US affiliate, says managing partner Babloo Ramamurthy. Washington-based Watson Wyatt & Co said in January it would buy the Reigate firm for $451m(E338m) in cash and stock. “Many partners are experiencing sadness about ...
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Features
Number one priority
Vladimir Spidla, the EU’s social affairs commissioner, is optimistic when he thinks ahead to tackling Europe’s looming pension crisis. As former minister of labour and social affairs in the Czech Republic, and subsequently the country’s premier, he has considerable experience of state pension reform – and he refuses to see ...
