All IPE articles in November 2002 (Magazine) – Page 4

  • Features

    Time for 'the negative option'

    November 2002 (Magazine)

    Italy has staked the future of its fledgling second pillar pension system on defined contribution (DC) schemes. The legal framework for the system was set up as part of the pension reforms of two former prime ministers Giuliano Amato in 1993 and Lamberto Dini in 1995. However, it has been ...

  • Features

    Rarely plain and never simple

    November 2002 (Magazine)

  • Features

    Russian pensions 'opening up'

    November 2002 (Magazine)

    Pension system reforms in Russia and the CIS could open doors to those countries for foreign fund managers. Russia has been tackling the issue of non-state pension funds reform for 10 years. Introduced only in 1991, by 1993 there were already 1,000 non-state schemes. As tough requirements were introduced, however, this figure shrank. As of 2001, there were 268 non-state pension funds in Russia with e1.6bn in total assets. 

  • Features

    Over the worst?

    November 2002 (Magazine)

  • Features

    Time to pay more for pensions

    November 2002 (Magazine)

    Occupational pension schemes are currently being buffeted by storms in the equity markets. In particular, companies providing defined benefit (DB) pensions, who enjoyed pension contribution holidays when stock markets were booming, are now faced with shortfalls in their pension fund assets. In the Netherlands, pensioners have set up lobby groups ...

  • Features

    Price of refusing placements

    November 2002 (Magazine)

    Go executive, go north, west, east or south, if your master bids you. This is one of the uncompromising findings of an expatriate survey among major multinationals by consultants Mercer of a group of major multinationals, most of which were companies with headquarters in continental Europe or the UK. According ...

  • Features

    Tenth of Swiss plans underfunded

    November 2002 (Magazine)

  • Features

    Spotting the turning points

    November 2002 (Magazine)

    When will share prices in the US finally hit bottom? Faced with the endless questioning from investors, equity strategists have trawled through the data, and some have come up with reasons to be optimistic. “Identifying turning points is clearly very difficult,” says Sam Mercer-Nairne, US fund manager as SG Asset ...

  • Features

    Unassailable position

    November 2002 (Magazine)

    The merger between CRESTCo, the UK depository, and Euroclear has once again thrown the spotlight onto the rationalisation of the clearing and settlement infrastructure for European equity and fixed income transactions. For Euroclear – which had already absorbed the French (Sicovam), Dutch (Necigef) and Belgian (CIK) CSDs – it is ...

  • Features

    The right prescription

    November 2002 (Magazine)

  • Features

    Process and products

    November 2002 (Magazine)