All articles by Luigi Serenelli – Page 23
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NewsUBS pension fund’s assets climb to CHF28.8bn
However, its funding ratio dipped to 121.4%, from 130.0% in 2022
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NewsCrédit Agricole scheme merges with Credito Valtellinese bank’s pension fund
The merger of the two schemes pushed Fondo CAI’s total assets to €1.09bn
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NewsFondaereo picks Ireland to set up cross-border scheme
The plan to become a cross-border scheme runs in parallel with a review of the scheme’s investment policies for its new sub-funds ‘Equilibrio’ and ‘Crescita’
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NewsSwitzerland to finance 13th month of pension with VAT increase
Cabinet says move was the ‘more appropriate solution’ as the need of funds for the AHV is lower than expected
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NewsFondo Mario Negri avails itself of SFDR ‘principal adverse impact’ opt-out
Italian pension fund cites data accessibility and regulatory uncertainty as the main reasons
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NewsSwiss political parties push for second-pillar reform as public remains sceptical
If approved in the referendum on 22 September, the reform will lead to cutting the wage threshold to join a pension fund, among other things
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NewsHöchster Pensionskasse to offer pure defined contribution plans
The ZielrenteCHEMIE DC pension plan is being launched in partnership with Fidelity International
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NewsFonchim reviews sub-fund’s strategy picking UnipolSai as new manager
UnipolSai Assicurazioni will manage a €285.94m portfolio, replacing Amundi
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NewsCPEG awards CHF200m sustainable equities mandate as it exits energy/fossil fuels
Scheme gradually disengaged from energy sector, excluding fossil fuels companies whose emissions were not in line with Paris Agreement
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NewsGermany decides against immediate fossil fuel exit for €53bn government pension investments
Government will steer investments to reduce greenhouse gases emissions and CO2 intensity, in line with national and international agreements on climate, to transition to a net-zero economy
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NewsItaly’s Foncer reviews investment strategy to bolster private asset allocation
Foncer has reviewed the limit for investments in its Bilanciato sub-fund, that invests in private assets
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NewsSwiss internal affairs ministry to investigate social security costs
The Internal Affairs Ministry in Switzerland will start an administrative investigation after mistakes were made to gauge the financial outlook of the first-pillar AHV
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NewsItalian pension fund revises strategy to invest in tech start-ups
The new strategy will focus on Alternative Investment Funds (AIFs) for venture capital investment in small companies and start-ups -
NewsBroaden DC scheme access to SMEs, say German employers
Industry employers’ body calls for broadest possible access to DC plans, including to SMEs that do not yet offer occupational pensions
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NewsBacklash in Switzerland over economist’s second-pillar cost transparency claims
Rudolf Strahm said asset management costs are CHF1.5bn higher than those calculated by the federal statistics office
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NewsSwiss pension funds return 6.6% year-to-date in 2024
Events in the second quarter took the shine off a stronger first quarter
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NewsEnasarco grows exposure to Italian banking sector
Italian pension fund sees sector as of ‘strategic interest’
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NewsEurofer removes Amundi’s total return mandate
The scheme plans to allocate 10% of its ‘Bilanciato’ and ‘Dinamico’ sub-funds assets to alternative investments
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NewsScheme for Italian psychologists ups private market investments
It has committed €196.8m to private equity and venture capital investments, €98.8m to private debt and €17.4m to infrastructure
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NewsAssofondipensione works on bond yield guarantee for fund of funds
The FoFs would have a two-tier structure, with one part of the assets invested in private equity to support the Italian real economy
