Latest from IPE Magazine – Page 650
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Features
No longer running like clockwork
Like the country itself, the Swiss pension system has in the past been perceived as independent, prosperous and relatively unaffected by the vagaries of the outside world. This impression, however, has been challenged in recent years by the prolonged fall in stock markets and the dramatic effect this has had ...
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Features
Insurers' moves harsh wake-up call for Swiss pensions
For the second year in a row, Swiss pension plan members are being jolted from their easy-chairs by the impact of the bear market of the last three years. Eyebrows had already raised around the Cantons and beyond last year when the Swiss authorities cut the minimum income guarantee for ...
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Features
JP Morgan makes 'master KAG' move
Global custodian JPMorgan Chase has gone into the ‘master KAG’ business in Germany. “Our aim is to strip out the administrative part of the JPMorgan Fleming KAG and decouple the asset management from this,” says Arnulf Manhold, business executive of the US bank’s investor services in Frankfurt. From the beginning ...
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Features
Is this really on?
The months of July and August have long been known as ‘the silly season’ in newspaper circles. In keeping with this fine tradition comes the recent story in the Boston Globe newspaper that Citigroup is looking to purchase State Street – a story that, on the face of it, would ...
