Latest from IPE Magazine – Page 679
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Features
SFB aims to build with other funds
The Dutch pensions scene has to change, maintains Joep Schouten who heads the SFB Group, responsible for the asset and liability management of the Dutch building industry pension funds with assets of around E16bn. “In the Netherlands, there are over 1,000 pension funds for both company and industry-based pension funds. ...
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Features
Slow take-up for new approach
Two years after Norway introduced its long-awaited legislation to encourage the take up of defined contribution (DC) occupational pension plans, pension providers, asset managers and consultants are still waiting for the market to take off. The enabling legislation was supposed to light the fuse of DC plans by making them ...
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Features
Storebrand goes ahead of the curve
In an absence of any interest from existing corporate pension plans or pension trusts, Norway’s life insurers have become the main protagonists of the new tax favoured DC schemes. The insurers already dominate the management of occupational DB plans in Norway. Some NOK 300bn (E41bn) of pension fund assets are ...
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Features
The end of pension schemes?
The Irish regulatory authority, the Pensions Board, has begun to examine submissions from providers of Personal Retirement Savings Accounts (PRSAs). PRSAs are a new type of investment vehicle, introduced under the 2002 Finance Act. They are intended to be a cheap, flexible and portable alternative for people who would not ...
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Features
The standardisation of Europe
One of more comforting features of pension funds around Europe is their national differences but with the forthcoming adoption of International Accounting Standards this is likely to change. This change will arise as the European Union has adopted a regulation requiring publicly traded companies in the European Union to apply ...
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Features
AP7's private equity choice
Sweden’s seventh national pension fund, AP7, has allocated $84m (e86m) to two US-based private equity fund of fund managers, Hamilton Lane Advisors and HarbourVest Partners. Hamilton Lane will be managing a US private equity fund of fund portfolio balanced between buyout, venture and special situation funds including secondary interests. AP7 ...
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Features
Taking the luck out of pooling
The major employee benefits networks are reporting their busiest periods for new business for some time. The existing total market of around 2,200 pools is likely to expand by 8% this year and there is more in the pipeline. This change in fortunes is not completely accidental. Behind the numbers ...
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Features
Infrastructure as an alternative
Recent global market turmoil has seen a rebalancing of many pension funds’ portfolios away from listed equities and a greater willingness on the part of institutional investors to examine alternative asset classes. There have been many reports of increased allocations to private equity and hedge funds as well as a ...
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Features
Why sector shifts start to dominate
The past two years of dull market performance have made investors increasingly focus on a number of key issues that most impact portfolio diversification. Although one clear trend has been to minimise benchmark risk, the other area that has grown significantly has been the use of sector allocation as a ...
