All IPE articles in October 2007 (Magazine) – Page 3

  • Features

    Germany fund overview

    October 2007 (Magazine)

    n general there is an increase in the investment of institutional assets using mutual funds. The arguments in favour of this trend are the adoption of IFRS accounting standards by corporates, mutual funds’ higher liquidity and fungibility, and the corresponding supply of share classes orientated towards the pricing requirements of ...

  • Features

    Finding a half-way house

    October 2007 (Magazine)

    In the aftermath of several scandals,legislation introducing regulatory and governance changes is in the pipeline But, with moves towards regionalisation of supervision, George Coats finds that the debate on the issues is far from over

  • Features

    Province of a select few?

    October 2007 (Magazine)

    Complexity and regulation continue to drive outsourcing of pension fund investments, finds Rachel Fixsen

  • Features

    A matter of experience

    October 2007 (Magazine)

    When it comes to picking a 130/30 manager, the track record counts, writes Pirkko Juntunen

  • Features

    Taking the downs with the ups

    October 2007 (Magazine)

    As the waves of the US sub-prime lending crisis lap on Europe’s shores, how worried should Europe’s pension funds be? The credit crunch has affected banks and institutions that borrow on the capital markets, as liquidity has dried up. But how has this affected Europe’s pension schemes and their investments? The evidence is that pension funds are prepared to ride out market volatility without any significant change of course.

  • Features

    Dipping a toe into diversification

    October 2007 (Magazine)

    Recent changes are broadening the horizons of traditionally conservative managers, George Coats finds

  • Features

    The great debate

    October 2007 (Magazine)

    Quant or fundamental? Which type of manager has the right stuff to manage 130/30 strategies? Lynn Strongin Dodds examines the pros and cons

  • Features

    The dollar is our currency, but it’s your problem

    October 2007 (Magazine)

    The words of Nixon-era US treasury secretary John Connally are developing new resonance for Asian central bankers

  • Features

    Creating space for innovation

    October 2007 (Magazine)

    Despite having to cope with regulatory tribulations, pension funds were unfazed and clocked up healthy returns, Carolyn Bandel writes

  • Features

    A consultant evolution

    October 2007 (Magazine)

    Consolidation in Germany’s actuarial and investment consulting market continues apace, notably with Watson Wyatt’s acquisition of the big hitter Heissmann. Pirkko Juntunen reports

  • Features

    Holding up in the face of competition

    October 2007 (Magazine)

    Luxembourg overhauled its law on specialist investment funds in February this year, presenting competition for German Spezialfonds.Luxembourg SIFs are less regulated than their German cousins, but it remains to be seen to what extent they will attract the interest of German investors. The year 2006 saw a reduction in the numbers of Spezialfonds-KAGs. But growth in Spezialfonds assets was still in double digits even if this was less than 2005. Till Entzian presents his annual survey of the market

  • Features

    What makes good communication?

    October 2007 (Magazine)

    IPE asked three pension services – in Bulgaria, the Netherlands and Spain – the same question: ‘How and what do you communicate with your members?’ Here are their answers:

  • Features

    Choice set to narrow as custodians merge

    October 2007 (Magazine)

    Has the recent spate of mergers in the global custody industry changed anything for custody clients? Ross Whitehill, chief operating officer at Thomas Murray, a London-based custody and capital market infrastructure ratings company, says yes. Clients have less choice each time there is M&A activity, he says, although it is ...

  • Features

    Changing the portfolio

    October 2007 (Magazine)

    Irish pension funds are moving out of equities but are not yet ready for bonds, according to Shayla Walmsley

  • Features

    Enhanced cash and the naming problem

    October 2007 (Magazine)

    The choice of cash funds is growing rapidly, but assessing them is not always easy because the categorisation has not been standardised, says Jonathan Curry

  • Features

    Fed’s rate cut buoys markets and steepens curve

    October 2007 (Magazine)

    Yield curve/duration lthough neither the ECB nor the Bank of England (BoE) raised rates at the start of September, the US Federal Reserve (Fed) did step in to cut rates. While the US forward markets had over the summer already moved to discount an early autumn rate cut, the size ...

  • Features

    Taking stock of a buoyant market

    October 2007 (Magazine)

    Barbara Ottawa finds that even a market fall has not deterred Pensionskassen from moving away from bonds and further into equities

  • Features

    The prime broker view

    October 2007 (Magazine)

    Current market volatility may delay the arrival of some, but 130/30 funds are definitely on their way. Prime brokers and fund administrators are readying themselves for when the time comes, writes Lynn Strongin Dodds

  • Features

    Revaluation boosts real estate

    October 2007 (Magazine)

    Strong small-caps performance lead a domestic equity rally, finds Pirkko Juntunen

  • Features

    Home bias pays off

    October 2007 (Magazine)

    Despite last year’s outperformance, Pirkko Juntunen detects concerns that the size of the local markets makes them vulnerable