All IPE articles in October 2005 (Magazine) – Page 3
-
Features
Success comes to the nimble-footed
Industriens Pension is the largest of a number of pension schemes based on collective bargaining agreements that were established in Denmark in the early 1990s to provide supplementary pensions for the country’s workers. The scheme covers the entire industrial sector and has around 320,000 members in 8,200 companies. The industrial ...
-
Features
Lobbying with Chinese chacteristics
The Chinese authorities are pressing ahead with the implementation of a pension reform that is intended to build a sustainable system for all employees, according to Wang Dongjin, vice-minister of labour and social security. The reforms are part of the transformation of communist China’s economy and society that began in ...
-
Features
Risk moves centre stage
The UCITS III Directive has set Europe’s cats among the pigeons and has far reaching consequences for all institutional investors as regulators and investment manager trade organisations consider its impact on the broader issues of appropriate, and best, practice. This is none truer than in the field of risk management ...
-
Features
Celebrations on hold
Despite a more than 6% return in the first half, Swiss pension funds have no reason to celebrate due to low bond yields, says the Swiss pension fund association ASIP. Zurich-based ASIP and consulting firm Watson Wyatt reported a 6.2% return for the first six months – driven by strong ...
-
Features
Capitalising on progress
France’s system of universal retirement provision dates back to the years immediately following the second world war. The role of the compulsory pay-as-you go (répartition) element has long been significant and is in line with the strong Gallic preference for the social model. This preference dates back even further – ...
-
Features
Building total return portfolios
When choosing an active equity manager, institutional investors typically focus on the manager’s ability to ensure that its products consistently outperform both their equity benchmark and their peers. Investors looking for absolute returns tend to focus on equity long/short strategies to profit from a manager’s stock selection skills. However, many ...
-
Features
Message in a bottle
The spectre of regulation, interference by Europe’s political classes and the perils of industry complacency joined those hardy perennials standards and market practice at the top of the agenda at Sibos – the annual payments and securities processing jamboree organised by messaging co-operative SWIFT, held this year in Copenhagen. Although ...
-
Features
Covered bonds wagon rolls on
German Pfandbriefe have never defaulted in their more than 230-year existence*, a pretty amazing feat given the turbulent times Germany and the rest of Europe experienced over that era. It has long been this ‘safety’ aspect of Pfandbriefe which has been one of the most attractive features for investors. “We ...
-
Features
A gamble in long term or safe bet?
Long-term bond yields are a conundrum for US pension funds. They are the culprit for many of the funds’ troubles – having increased the burden of their liabilities and decreased the cash earned on fixed income assets – and they pose a big puzzle: should DB (defined benefit) plans buy ...
-
Features
Finding the best way to spread bets
Diversification is the byword for investing in listed equities. But for investing in private equity - a much more risky asset class - the importance of spreading one’s bets is far greater. The basic route into private equity is via a fund investing in a basket of individual companies. However, ...
-
Features
Strong at home and away
With its roots in the first Danish mutual fund launched in 1928, Danske Capital was established in 1996 by Danske Bank to consolidate the group’s asset management activities. It is now one of the largest asset managers in the Nordic area with total assets under management of DKK435bn (e58bn). It ...
-
Features
Greek asset law expected soon
New legislation due to be passed in Greece later this year is expected to create an open institutional market worth around €33bn to asset managers within three to five years, according to Haris Makkas, CEO of ING Piraeus Asset Management in Athens. There are around €23bn of assets under management, ...
- Previous Page
- Page1
- Page2
- Page3
- Page4
- Next Page
