Latest – Page 229

  • News

    GE Pension Trust’s active commodities strategy unlocked

    2010-05-06T12:30:00Z

    GLOBAL - An actively managed commodities strategy run for the General Electric Pension Trust in the US has been made available to other institutional investors.

  • News

    Towers Watson encourages diversification into reinsurance

    2010-05-04T14:30:00Z

    GLOBAL – Institutional investors need to further diversify their assets into areas such as reinsurance strategies by using catastrophe bonds and other insurance linked securities, according to Towers Watson.

  • News

    German pension funds need more credit research - WPV

    2010-05-03T14:45:00Z

    GERMANY – The €1.4bn German Versorgungswerk for chartered accountants WPV plans to continue to decrease its exposure bank-related fixed income investments, but will have to seek external advice to do so.

  • News

    Third of EU workers would retire early for less

    2010-04-30T13:30:00Z

    EUROPE – A third of workers in Europe would rather retire early and receive less income than continue working past the existing national retirement age, according to research by Aon Consulting.

  • News

    German funds look to emerging market debt – HSBC

    2010-04-29T10:30:00Z

    GERMANY – German pension funds' appetite for fixed income exposure will push them towards investing in emerging market debt, according to HSBC.

  • News

    BlackRock figures highlight move to passive strategies

    2010-04-28T14:31:00Z

    GLOBAL – BlackRock has reported net outflows by institutional investors of $39.6bn (€29.9bn) and inflows of $8.9bn, as the global equity rally and tightening credit spreads have caused investors to reconsider investment strategies and shift from active to passive investments.

  • News

    Trustee firm enters fiduciary management with outsourcing model

    2010-04-27T10:30:00Z

    UK – Atkin Trustees, a UK-based independent trustee firm, is moving into the area of fiduciary management for small pension schemes with the launch of its Scheme Management Outsourcing (SMO) offering.

  • News

    USS buys stake in Neuberger Berman Secondaries Fund

    2010-04-26T15:58:00Z

    UK – The Universities Superannuation Scheme (USS) has expanded its private equity investment programme by acquiring a $135m (€101m) interest in the Neuberger Berman Secondary Opportunities Fund II from the Lehman Brothers Estate.

  • News

    German tax consultants fund to diversify equities and real estate

    2010-04-26T14:10:00Z

    GERMANY – The €520m pension fund for tax consultants in the German province of Northrhine-Westphalia (NRW) is seeking to diversify its investments through specialist equity and Asian real estate mandates.

  • News

    IMF predicts Russian pension fund growth

    2010-04-23T15:25:00Z

    RUSSIA – The International Monetary Fund has stated expects private pension funds “to grow rapidly” in Russia as pension benefits increasingly become part of salary packages.

  • News

    Informed pension members are willing to take more risk – study

    2010-04-23T15:00:00Z

    NETHERLANDS - Dutch employees are more willing to take investment risks with their pension if they have a better insight into the effect their choice will have on their future pension, suggests a study commissioned by the Association of Industry-wide Pensions Funds (VB).

  • News

    VB questions real cover ratio and ‘soft’ pension rights

    2010-04-23T14:50:00Z

    NETHERLANDS - The Association of Industry-wide Pension Funds (VB) has expressed serious doubts about the introduction of more conditional rights for pensions members and questioned the use of the real cover ratio as a benchmark for a scheme’s health.

  • German province mulls an end to PAYG pensions for ministers
    News

    German province mulls an end to PAYG pensions for ministers

    2010-04-22T15:00:00Z

    GERMANY – Ministers in the north German province of Schleswig-Holstein might in future have to take care of their own pensions if the Green party succeeds.

  • News

    Younger Swedes face lower pensions income

    2010-04-22T12:00:00Z

    SWEDEN - Swedes born in the 1980s and 1990s can still expect receive a total pension income worth 60-65% of their final salary, yet this is substantially lower than those born in the 1930s and 1940s, according to a survey by pension provider Folksam.

  • News

    DC governance needs to develop globally - State Street

    2010-04-21T15:52:00Z

    GLOBAL – State Street has claimed defined contribution (DC) regulations and fiduciary oversight need to develop in a global rather than national context as the shift from defined benefit (DB) to DC continues.

  • 'Packaged passive' investment could address DC risk - study
    News

    'Packaged passive' investment could address DC risk - study

    2010-04-20T15:55:00Z

    EUROPE – Members of defined contribution pension schemes might in future be more confident about their investments if strategies were based more around “packaged passive funds”, suggest panelists contributing to a DC study.

  • Swedish roundup: AP1, Pensions performance, SIFA, Member knowledge
    News

    Swedish roundup: AP1, Pensions performance, SIFA, Member knowledge

    2010-04-16T15:20:00Z

    SWEDEN - The equities team at AP1, one of the Swedish national buffer funds, has been strengthened with two new hires. The appointments take the number of portfolio managers to five, divided into Swedish and European teams.

  • News

    Alvoso wins latest Ascoop leaver

    2010-04-16T11:00:00Z

    SWITZERLAND – The exodus from the heavily underfunded Ascoop transport pension fund is continuing with the Auto AG Schwyz joining the small collective fund Alvoso.

  • News

    SPMS considers APG and BlackRock as new providers

    2010-04-14T15:35:00Z

    NETHERLANDS - The €5bn pension fund for Dutch medical consultants, SPMS, is planning to swap its present pension provider and asset manager Doctors Pension Funds Services (DPFS) for two larger players.

  • News

    Irish DC pension members show more caution than DB trustees

    2010-04-14T14:15:00Z

    IRELAND – Irish defined contribution investors are still more cautious about investing their pension assets than defined benefit trustees, but have yet to follow the trend of moving towards passive investment, suggests evidence presented by the Irish Association of Pension Funds (IAPF).