Latest from IPE Magazine – Page 610
-
Features
Working within constraints
Norway’s pension funds are highly regulated, at least as far as funding and investments are concerned. Kjell Taftø, managing director of the Trondheim Kommunale Pensjonskasse, says that the need to produce an minimum annual level of return restricts investment freedom. “I would like to see fewer regulations, particularly in the ...
-
Features
Bucking the trend
On average pension funds in Sweden allocate 55% to 60% to equities, making them somewhat more risk friendly than some of their counterparts in continental Europe. But where the funding position is more comfortable, it seems that funds will happily move towards a more conservative position. An example of such ...
-
Features
Too local for comfort
At the Novartis Pensionskasse, one of Switzerland’s leading pension institutions, the mood for risk is muted. Exposure to equities was reduced from 31% at the end of 2002 to 16% a year later; the target for this year is 20%. “The markets are still rather over-valued,” says Gino Pfister, pension ...
-
Features
Looking to wider horizons
The idea that super funds need to consider a fresh perspective on property, and in particular global property, is still a new concept for many. “Property investors need to factor in the big picture and look beyond their own backyard for investment opportunities and trends,” says Stephen Girdis, head of ...
-
Features
Dipping a toe into foreign waters
Finland may not be the first institutional market that springs to mind when you think of serious international allocations to real estate. Nonetheless, Helsinki-based mutual pensions insurance company Ilmarinen, one of the country’s largest institutions, is dipping a toe into overseas property investment to diversify a portfolio heavily skewed towards ...
