All IPE articles in November 2007 (Online) – Page 2

  • News

    Dutch state maintains index-linked bonds line

    2007-11-28T14:30:00Z

    NETHERLANDS - The Dutch Finance minister Wouter Bos he has reiterated he is not considering the issuance of index-linked bonds.

  • News

    PPF mulls buffer amid claims of overcharging

    2007-11-28T14:30:00Z

    [15:30 CET 28-11] UK - The UK's Pension Protection Fund (PPF) is looking to set up a buffer fund with any surplus it might accrue in the future, IPE has learnt.

  • News

    Environment Agency PF to update global equity

    2007-11-28T13:00:00Z

    [14:00 CET 28-11] UK – The Environment Agency’s pension fund is reviewing its existing global equity arrangements and creating a new mandate which requires asset managers display strong ESG credentials, in line with its SRI philosophy.

  • News

    Wednesday people roundup

    2007-11-28T12:00:00Z

    [13:00 CET 28-11] People roundup: GLOBAL – Henderson, F&C, Punter Southall, Northern Trust, Fidelity, T. Rowe Price Mercer, Investec, Barrie and Hibbert, Cohen & Steer.

  • News

    AEGON picks up 'gap' Czech pensions business

    2007-11-28T11:30:00Z

    [12:30 CET 28-11] CZECH REPUBLIC – AEGON’s Czech pension fund attracted 3,000 members in In the first three months of its existence, according to industry figures.

  • News

    F&C and Goldman win ESG awards

    2007-11-28T11:00:00Z

    [12:00 CET 28-11] GLOBAL – F&C Asset Management and Goldman Sachs were named as the best asset management firms in relation to environmental and social governance (ESG) policy at the inaugural ESG Leaders Awards.

  • Watson Wyatt poaches from Goldman
    News

    Watson Wyatt poaches from Goldman

    2007-11-27T15:45:00Z

    [16:45 CET 27-11] GLOBAL - Watson Wyatt has persuaded Paul Richards, head of consultant relations (ex-US) at Goldman Sachs, to join its global manager research team as a ‘sustainability’ expert.

  • News

    PensionDanmark to pay 'good' rate on accounts

    2007-11-27T15:30:00Z

    [16:30 CET 27-11] DENMARK - Danish labour market fund PensionDanmark has fixed its long-term pension savings interest rate at 6% for 2007, and has provisionally allocated members the same rate for next year despite a likely fall in the fund’s investment returns this year.

  • News

    Cosun sacks Kas Bank

    2007-11-27T15:15:00Z

    [16:15 CET 27-11] NETHERLANDS – The three pension funds of the Dutch food producer Royal Cosun have sacked Kas Bank and appointed State Street Corporation as their new custodian.

  • News

    Buyouts remove pensions risk at a cost - LCP

    2007-11-27T15:00:00Z

    [16:00 CET 27-11] UK – Pensions buyouts are currently the only way to remove mortality risk but can require a lengthy implementation process affecting a firm’s accounting figures along the way, suggests a buyout guide produced by Lane, Clark & Peacock.

  • News

    PPM sees inflows of SEK26bn

    2007-11-27T15:00:00Z

    [16:00 CET 27-11] SWEDEN – Net lending in the Swedish pension system – the Premium Pension Authority (PPM) and the national buffer funds – has been put at SEK26bn (€2.8bn) in 2007, almost 50% less than last year.

  • News

    PBU questions retailer investment on SRI grounds

    2007-11-27T13:30:00Z

    [14:30 CET 27-11] DENMARK - Pædagogernes Pensionskasse, the pension fund for education practitioners, has called for clarity from Swedish fashion retailer Hennes & Mauritz on its child labour policy.

  • News

    AGI eyes wider European presence

    2007-11-27T13:00:00Z

    [14:00 CET 27-11] GERMANY – The major life insurer Allianz is planning to move its European asset management focus away from Germany to France.

  • News

    Parliamentary pension fund too costly – German MPs

    2007-11-27T11:00:00Z

    [12:00 CET 27-11] GERMANY – German MPs have agreed to increase in their retirement and make cuts in their pensions but have voted against the creation of a pension fund for members of the parliament, the so-called ‘Bundestag’.

  • News

    'Alternative' is becoming mainstream - survey

    2007-11-26T16:00:00Z

    [17:00 CET 26-11] EUROPE – Alternative investments might not be so 'alternative' after all, according to new research by the asset management division of US investment bank JP Morgan.

  • News

    Drinks giant sacks Hewitt

    2007-11-26T15:58:00Z

    [15:58 CET 26-11] UK – The €3.5bn pension fund sponsored by UK drinks group Diageo, producer of brands such as Guinness and Baileys, has appointed Hymans Robertson as its new investment consultant.

  • News

    Christmas pension action 'unnecessary' - BAA

    2007-11-26T15:55:00Z

    [16:55 CET 26-11] UK – UK airport group BAA has called the industrial action over the closure of its final salary pension scheme “unnecessary”.

  • Fan chart data reveals extended male longevity
    News

    Fan chart data reveals extended male longevity

    2007-11-26T15:50:00Z

    [16:50 CET 26-11] UK – Academic research by the Pensions Institute into forecasted mortality assumptions reveals men could live to the age of 91 by the year 2050 – 12 years longer than currently predicted on average.

  • News

    Promoting property as a pension is wrong - MetallRente

    2007-11-26T15:30:00Z

    [16:30 CET 26-11] GERMANY – Plans by the German government to subsidise private property by way of supplementary pensions endangers the level of retirement provision, industry pension group MetallRente noted.

  • News

    PNO Media sees strongest gains from private equity

    2007-11-26T15:30:00Z

    NETHERLANDS - Private equity and commodities were the best returning asset classes during the third quarter, for the PNO media €2.8bn pension fund.