Latest from IPE Magazine – Page 707
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Features
Playing tag with US
Deep-seated domestic economic problems still dog the Japanese market, and strategists says these factors are not going to evaporate just yet. But corporate earnings are improving. In the absence of major developments on the home front, equity strategists say they expect to see Japanese share prices playing tag to the ...
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Features
Dutch stick by their guns
Pension funds in the Netherlands are reviewing their position. Both the investment and liabilities sides of this very developed market are under scrutiny after a prolonged period of disappointing investment returns and diminishing pension reserves. A model to follow for other European countries when it comes to pension provision, the ...
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Features
Pension funds score better
All compulsory industry-wide pension funds in the Netherlands have ‘passed’ the first performance test of the Z-score system introduced in 1998. The results were published last month by the Asociation of Industry-wide Pension Fund (VB) and the Company Pension Fund Organisation (OPF) Under the Z-scores system pension fund boards have ...
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Features
Rating moves into pensions
A decade ago, few participants in European capital markets would have recognised the term credit rating and fewer still within the pensions sector. Today, credit ratings are an increasingly recognised component of investors’ tool-box, but are only just beginning to emerge in a pensions context. Credit ratings are opinions from ...
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Features
Lessons from the Merrill/Unilever case
Apart from FRS17, the two big events in 2001 for UK pension funds were the Myners Report in March and the Unilever/Merrill trial from October to December. If they shared one thing in common, it was that they referred extensively to the way we measure performance of pension funds, and ...
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Features
A life more rewarding
As defined contribution (DC) schemes become more popular with companies, it is increasingly important that they provide satisfactory investment and education programmes for their members to enable them to make suitable decisions about their long-term pension savings. An appropriate long-term strategy for a DC plan differs in many ways from ...
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Features
New Star's six long-only funds
The London-based investment fund manager, New Star International is launching – pending approval by the Central Bank of Ireland – six new long-only equities funds. The new funds are sub-funds of the proposed Dublin-based, open-ended investment company (OEIC). Philip Goldsmith, managing director of New Star International, believes it will be ...
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Features
Merrill Lynch's shifting styles
Each month in IPE we analyse the portfolio style of a fund using the return-based portfolio analyser developed by London-based firm Style Research. This month we have chosen Merrill Lynch European Value A Fund, managed by Merrill Lynch Investment Managers. The graph shows the changes in style the fund experienced ...
