All IPE articles in November 2007 (Online) – Page 4

News
EFRP seeks regulatory slowdown

2007-11-21T15:00:00Z

[16:00 CET 21-11] EUROPE – The directive on Institutions for Occupational Retirement Provisions (IORP) needs more time to deliver according to a new survey by the European Federation for Retirement Provision (EFRP).
News
Flexibility deters schemes from fiduciary management - KPMG

2007-11-21T14:00:00Z

[15:00 CET 21-11] NETHERLANDS - Doubts about managers’ ability to deliver flexibility prevent many Dutch pension funds from choosing fiduciary management, claims accountancy advisory firm KPMG.
News
SEC risks reputation over investor rights, warns USS

2007-11-21T13:30:00Z

[14:30 CET 21-11] US/UK - The US Securities and Exchange Commission will miss the chance to show it is serious about investor rights if it forges ahead with a ruling stopping shareholders putting forward candidates for corporate boards, according to UK pension fund the Universities Superannuation Scheme (USS).
News
Mercer plans catch up with Höfer merger (Updated)

2007-11-21T13:00:00Z

[Updated at 15:10 CET 21-11] GERMANY - Mercer Germany's Frankfurt-based operation and German pension consultant Höfer Vorsorge-Management are discussing a possible merger.
News
Wednesday people roundup

2007-11-21T12:45:00Z

[13:45 CET 21-11] GLOBAL – People roundup: ATP, Akkermans Stroobants & Partners, Punter Southall, Watson Wyatt, Aon, BNP, Santander, Otane, ICML, Jupiter, Barings, Credit Suisse, CFA.
News
Poland urged 'open foreign investment and prevent crash'

2007-11-21T10:30:00Z

[11:30 CET 21-11] POLAND – Current restrictions on pension funds for investment in foreign equities and the use of derivatives could lead to a crisis on the Warsaw stock exchange, Krzysztof Rybiński, deputy president of the National Bank of Poland, has warned.
News
Spanish revealed as greatest shareholder voters

2007-11-21T10:00:00Z

[11:00 CET 21-11] EUROPE - Companies in Spain see a higher level of shareholder voting than those in other European countries, reveals a report on proxy voting patterns across Europe.
News
'Brave new world' cited for investment

2007-11-20T15:45:00Z

[16:45 CET 20-11] UK – Four ‘winning strategies’ will provide the majority of growth for the investment management industry, according to a new white paper.
News
Currency pressure reduces Norway pension fund

2007-11-20T15:30:00Z

[16:30 CET 20-11] NORWAY – The Norwegian Government Pension Fund – Global saw its market value drop by NOK7.2bn (€900m) during the third quarter, despite transfers and investment profits, because of the strength of the Norwegian currency.
News
Italian class actions move a step closer

2007-11-20T15:30:00Z

[16:30 CET 20-11] ITALY - Italy is close to introducing 'class action' lawsuits in its legal system for the first time, as the country's higher parliament house last week approved the much-discussed Italy's 2008 budget law.
News
First 130/30 index unveiled

2007-11-20T15:15:00Z

[16:15 CET 20-11] GLOBAL – Standard & Poor’s has launched the first 130/30 strategy index, and begun by linking to activity of S&P 500 stocks.
News
Telent solution 'achievable', says PensCorp

2007-11-20T15:00:00Z

[16:00 CET 20-11] UK – Pension buyout firm Pension Corporation expects a resolution with the UK's Pension Regulator (TPR) in its feud over Telent, following last week's unconditional offer for the telecoms firm.
News
Private equity ‘code’ requires more info

2007-11-20T13:00:00Z

[14:00 CET 20-11] UK - Private equity firms in the UK and the companies they own will have to publish more information on the way they do business and the risks they face, according to a new code of conduct unveiled today.
News
Pensionsfonds gain more freedom

2007-11-20T12:30:00Z

[13:30 CET 20-11] GERMANY – The German Parliament has approved changes to the insurance law which will give Pensionsfonds greater leeway in dealing with underfunding.
News
Finish Solvency II in 2008 - Skinner

2007-11-20T12:00:00Z

[13:00 CET 20-11] EUROPE - Peter Skinner, of the committee on economic and monetary affairs at the European Parliament, has warned the Solvency II project has to be finished by next year.
News
UK regulator's role extended - O'Brien

2007-11-20T11:00:00Z

[12:00 CET 20-11] UK – Mike O'Brien, UK minister for pension reform, has said the role of the UK pension regulator (tPR) will be extended for the launch of the personal accounts pension scheme in 2012.
News
Smurfit goes to Invesco

2007-11-19T16:00:00Z

[17:00 CET 19-11] UK – Two pension funds of the manufacturing firm Smurfit Kappa have handed asset manager Invesco Perpetual a mandate to manage some of its UK equities.
News
EC brings microfinance to Europe

2007-11-19T15:45:00Z

[16:45 CET 19-11] EUROPE – The European Commission is seeking to support the development of microfinance initiatives across Europe by implementing a regime to improve access to the non-banking credit scheme.
News
PPM chooses new SRI fund

2007-11-19T15:15:00Z

[16:15 CET 19-11] SWEDEN - The SEK1.3bn (€140m) Swedish Premium Pension Authority (PPM) has appointed four new managers for its equity portfolio, and among them is State Street for a socially-responsible investment (SRI) mandate.
News
Overhyped pension buyout market falters – Aon

2007-11-19T15:15:00Z

[16:15 CET 19-11] UK – Both the number of cases and the total value of business placed in the UK's pension buyout market have fallen in the third quarter of this year.