All IPE articles in March 1997 (Magazine) – Page 2

  • Features

    Norway: Running with the bulls

    March 1997 (Magazine)

    With the factors driving Norway’s bull market still very much in place, the question is not whether it will continue to grow but how far. The market, reflecting a booming oil-driven economy has increased by 10% since the start of the year. With most indicators predicting continued growth the biggest ...

  • Features

    Laying the first bricks in indexing

    March 1997 (Magazine)

    Compared with the stock markets, that other great investment market - the real estate market - has been badly served in most European countries. With a few exceptions, there is very little by way of benchmarks for commercial property in Europe. And investors - particularly investors from other countries - ...

  • Features

    BMW puts car at the core

    March 1997 (Magazine)

    BMW (GB), UK subsidiary of the giant German carmaker, took a novel aproach to restructuring its employee benefit programme, making full use of the company’s renowned product. There was a time when every employee in the company could be placed by the model of car they drove. Thanks to BMW’s ...

  • Features

    First choose your local benchmark

    March 1997 (Magazine)

    Francis Paxton looks at the range of equity indices available

  • Features

    Australia: Correction fears keep eyes on US markets

    March 1997 (Magazine)

    The recent run of the Australian equity market has pensions managers there guessing as much as outsiders. John Cann national manager remuneration and superannuation at Ansett Australia, based in Sydney, says: We don’t anticipate the Australian market is going to continue to be as strong as it has been in ...

  • Features

    Australia: Country risk premium to fade

    March 1997 (Magazine)

    After a two year run which saw industrial shares rise by 40%, Australian analysts are wary as to where things go from here. Chris Walker, head of Australian equities at Colonial Investment management in Melbourne, says: The rise occurred without much in the way of earnings growth. A lot of ...

  • Features

    Asia: Market prospects divide the experts

    March 1997 (Magazine)

    The need for reform by the Indian government is unquestionable, but UK and Indian analysts are divided in their opinions as to how much the market is going to improve in the short term. Jayendra Nayak, executive trustee at the Unit Trust of India in Mumbai, thinks the prospects for ...

  • Features

    Asia: The smart way in

    March 1997 (Magazine)

    People looking to invest in India will find SBC Warburg’s list of Indian funds interesting for what it says about the Indian equity market. The funds market is clearly segmented. Such segmentation, in funds markets generally, tends to evolve when the underlying local market is either highly regulated, or inefficient ...

  • Features

    The rational approach

    March 1997 (Magazine)

    Most major European countries seem to be sitting on a so-called pensions time-bomb, with unfunded state pension commitments threatening vast increases in taxation. The expected growth in the private sector has the marketing departments of UK investment managers and actuarial consultants salivating. But is every firm assured a rosy future? ...

  • Features

    EFRP appointment to turn up the EU heat

    March 1997 (Magazine)

    The European Federation for Retirement Provision is to intensify its European Union lobbying effort with the appointment of a full-time Brussels-based secretary general in June this year. The EFRP has already offered the position to someone but the appointment is still to be confirmed. Colin Steward, the EFRP’s current part-time ...

  • Features

    Index funds see appeal widen in Netherlands

    March 1997 (Magazine)

    Index funds play an important role for pension funds in the Netherlands. Larger funds in particular have invested a significant part of their equity portfolios in passive products. Even indexed fixed income funds show growth both in new funds as well as in absolute figures. Experienced investment managers have realised ...

  • Features

    New law means all change for French pensions

    March 1997 (Magazine)

    France’s long-awaited Pensions Law finally arrives, reports John Lappin

  • Features

    The drive to be the biggest of them all

    March 1997 (Magazine)

    Bob Crew explains the thinking behind BoNY’s increased interest in State Street

  • Features

    Europe starts to face up to the ageing crisis

    March 1997 (Magazine)

    An old age crisis is approaching in most of Europe. The need for change is clear and the voices in favour are getting louder. We should try to cope with the crisis in an efficient and socially acceptable way. The guiding principles should be that the elderly must be able ...

  • Features

    Securities lending comes of age for Europe's pension funds

    March 1997 (Magazine)

    Chase Manhattan’s Global Securities Services in London is about to announce new global Custody Mandates in Europe-one a German pension fund and the other a large European foundation, the mandate of which is worth US$2bn and will be invested globally. Last year Chase took £50bn worth of custody business out ...