All IPE articles in March 1998 (Magazine) – Page 2
-
Features
Swiss funds never had it so good
Now that Swiss pension funds are making money, it seems as if companies and local authorities are reducing their contributions in remarkable style.Top of the list is Kraft Jacobs Su-chard (Schweiz), with neither em-ployer nor employee paying any contributions this year. On average, each employee is saving CHF4,700 ($3,200).PKE, the ...
-
Features
Norwegian petroleum fund spreads its wings
The Norwegian government petroleum fund is set to continue its diversification into international equities with the announcement, last month, of a competition for eight equity mandates covering five regions and countries.The mandates awarded by Norges Bank, which is overseeing the fund's investments, cover North America, the UK, Europe (ex ...
-
Features
Strategically speaking: Michael Phillips, Frank Russell
Investment consultant Frank Russell has “influence” currently over 10% of the world’s pensions assets, according to the company’s chief executive officer Mike Phillips. But in five years’ time this will not be the case.“Investment consulting is our flagship business, but it is not our core business any longer.” The business ...