All IPE articles in October 2002 (Magazine) – Page 5
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Features
Housing takes a back seat
According to the National Association of Pension Funds, during the past decade the composition of Icelandic pension funds’ portfolios has changed significantly. Since 1990 the shares of lending for housing finance and direct lending for fund members have fallen, whereas the proportion of equity investing increased very significantly. Figures from ...
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Features
Pension assets go on growing
Pension fund assets in Europe continue to grow in spite of the downturn in global financial markets. IPE’s annual survey of Europe’s leading pension funds shows that the top 1000 funds now account for E2.3trn in assets, up from E2.1trn last year. A total of 47 of the top 100 ...
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Features
Pension assets fall
Assets held by the world’s largest 300 pension funds fell by 12% according to research by consultant Watson Wyatt and Pensions & Investments. Assets of the largest 300 funds totalled $5.43trn (E5.5trn) last year compared with $6.17trn at the end of 2000. The drop is in sharp contrast to growth ...
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Features
Dutch still have hands on assets
Externally managed Dutch institutional assets are still on the rise according to our latest report on the Dutch institutional investment management market-place. Total Dutch external institutional assets managed totalled E309bn at the start of this year. According to the Central Bureau of Statistics (CBS), the total amount of Dutch pension ...
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Features
Alternatives manager
PGGM, the e47bn pension fund for the health care and social work sector, has promoted its head of real estate Jan van der Vlist to oversee its alternative investments. The Dutch fund recently brought real estate, private equity investments, mortgages and absolute return funds under one umbrella and renamed them ...
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Features
Big investors on red alert
As a consequence of poor investment returns in the equity markets, Danish pension funds are reconsidering their approach to investment. The most recent example is the Danish labour market supplementary first-pillar pension scheme, ATP, which at the end of August announced an important shift from equities into bonds. The fund, ...
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Features
Discussions ahead
Pension reform in France became a key element in this year’s presidential election. The future of the French retirement system was intensively discussed by the social partners, and was one of the hot issues during the electoral campaign. Before the election, opposing candidates Jacques Chirac and Lionel Jospin publicly clashed ...
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Features
Staying calm in adversity
Figures released in April by the Association of Industry-wide Pension Funds (VB) and the Company Pension Fund Organisation (OPF) showed that the average return for Dutch pension funds during 2001 was –2.8%, after average returns of 10% a year during the past decade. In just over a year, the average ...
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Features
Overcoming the admin hiatus
The opening up of the market for providers of administration outsourcing to European pension schemes is one of those areas where much of the talk has yet to be followed by action. While the rationale for the outsourcing of the ‘back office’ has been successfully argued and won in many ...
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Features
Adding value the active way
Singer & Friedlander is highly conscious of the fact that has a near-100 year history of operating independently as a bank, one of the few players left in the City of London who can still make such a claim. Over time, it has had to adapt to survive, sometimes quite ...
