All IPE articles in November 2002 (Magazine) – Page 3

  • Features

    Euro-zone could be weakest link

    November 2002 (Magazine)

    Historically, there has been a rather close relationship between the relative performance of US equities against bonds and the year on year change of the OECD leading indicator. This should not come as a surprise because, after all, the behaviour of investors is, to some extent, a function of their ...

  • Features

    Where everyone wants to go

    November 2002 (Magazine)

  • Features

    Islamic range to expand

    November 2002 (Magazine)

  • Features

    Expectations management

    November 2002 (Magazine)

    There’s nothing wrong with pension funds per se, according to EFRP chairman Alan Pickering, rather it’s our outdated expectations of what they ought to deliver. Falling markets, increasing longevity, lower birth rates and annuity level have done no more than show the unsustainability of retirement levels. “People around the world ...

  • Features

    Spain 'slow for foreigners'

    November 2002 (Magazine)

  • Features

    Foundation of future strategies

    November 2002 (Magazine)

    The growth of securities indexing has been one of the most significant investment trends over the past decade. In times of bear markets its value is regularly questioned, but indexation has an established place in institutional investment and continues to develop as a tool for investors. So what has been ...

  • Features

    Tasters of world fund styles

    November 2002 (Magazine)

    o The Merrill Lynch Global Equity Fund currently has more than half of its $302.3m in assets invested in US stocks. But because the fund takes a bottom-up approach to stock selection, says Graham Bamping, retail investment director at Merrill Lynch Investment Management, geographical distribution is not the driving force ...

  • Features

    Getting a grip on markets

    November 2002 (Magazine)

    Rick Lacaille, head of the structured product group at State Street Global Advisors is optimistic about the long-term growth prospects for indexing across the Europe – despite the current market turmoil. For Lacaille, the gradual shift by European pension funds from fixed income into equity is part of the same ...

  • Features

    IMF gives reforms thumbs up

    November 2002 (Magazine)

  • Features

    Going regional to go global

    November 2002 (Magazine)

    Recently, Angelien Kemna took the paradoxical step at ING Investment Management of changing her role from global CIO to that of European CIO and at the same time CEO, sharing the rest of the globe with her opposite numbers in the US and Asia-Pacific. A move made so the group, ...

  • Features

    Portugal goes on hold

    November 2002 (Magazine)

    The start of the year in Portugal was marked by political uncertainties marked by the resignation of prime minister António Guterres following local election defeats. This, added to the disappointing performance in the financial markets and the unhealthy Portuguese economy, has resulted in a difficult period for the development of ...

  • Features

    World 'not going under'

    November 2002 (Magazine)

    “It has been grim. We haven’t seen conditions like these for years”, says Pictet’s Rajeev de Mello, “and no we don’t think there’s light at the end of the tunnel.” As a fixed income fund manager shouldn’t he be happy with rates continuing to fall? Is he a hedge fund ...

  • Features

    Staying out of the headlines

    November 2002 (Magazine)

    Eighteen months ago employee benefits accounting was considered a fairly dull subject, of little interest to anyone not directly involved in annual reporting activity. In recent months employee benefits accounting has received huge media interest and all stakeholders are now paying attention. What catapulted employee benefits accounting to the top ...

  • Special Report

    Message from on high

    November 2002 (Magazine)

    Hermes, the pensions management firm, wholly-owned by the BT pension scheme, is living up to its moniker with the unveiling of its new corporate governance charter – ‘The Hermes Principles’, which it believes could send an important message to institutional shareholders about how they invest in companies. The 10 principles, ...

  • Features

    Not so safe at home

    November 2002 (Magazine)

  • Features

    Knowing how you're doing

    November 2002 (Magazine)

    As the markets continue to go through difficult and unsettled times, investors are demanding more reporting on performance and attribution, both in terms of frequency and depth. Funds and asset managers are under pressure to meet international standards of reporting and to make their reports more accessible, including daily, if ...

  • Features

    MSCI imports UCITS rules

    November 2002 (Magazine)

  • Features

    Limits to indexing

    November 2002 (Magazine)

    With passive investment on the rise, providers are seeking to make indices out of anything that will fit. Equities are now indexed by sector, sub-sector, region, style and environmental record, and fixed income indices can be tracked successfully by institutional and retail investors alike. Commodities too, can now be held ...

  • Features

    Sandler Review: market not working

    November 2002 (Magazine)