Latest from IPE Magazine – Page 709
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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 ...
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Features
Social security creates space for DC plans
Portugal’s new centre-right government, which came to power in March, could provide a spur to the development of private pensions in general and defined contribution (DC) plans in particular. This appears to be the consensus of the country’s pensions industry. Publicly, the view is that nobody knows what the new ...
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Features
Systems ‘unsustainable’
Look at the future of retirement saving, and it is not a pretty sight. This was the message from Matthew Young, director of special projects at the Adam Smith Institute, to the Pensions Management Institute’s spring conference. With the loss of 0.5% of the workforce every year in the UK, ...
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Features
‘Untouchable’
The National Pensions Reserve Fund in Ireland was purposely structured to enable it to match the returns achieved by private pension funds, the fund’s main architect, finance minister Charlie McCreevy told the recent UK and Irish Pensions & Investment Summit in Dublin. “The fund’s investment strategy and management was conducted ...
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Features
'A guide to currency overlay management'
Deutsche Bank Global Markets Research has published a 70-page report titled ‘A Guide to Currency Overlay Management’. The report concludes that “investors and plan sponsors should consider increasing their focus on both the risk of, and the potential returns from FX” since “historical performance data suggest that active management of ...
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Features
Private equity comes of age
Is private equity beginning to grow up and graduate from being a fringe asset class to being accepted as a fully fledged member of the investment community? The fact that it is now going through some performance problems is almost reassuring in itself. There was, for some years, a concern ...
