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

  • News

    DWP starts own IORP review

    2007-10-22T15:40:00Z

    [16:40 CEST 22-10] UK – The Department for Work and Pensions (DWP) has issued a consultation paper to find out how successful occupational pension schemes have been in implementing the European pension fund directive IORP.

  • News

    New hedge fund performance labels suggested

    2007-10-22T15:30:00Z

    [16:30 CEST 22-10] GLOBAL – The Bank of New York Mellon (BNY Mellon) has suggested hedge funds should be differentiated by 'cluster analysis' instead of categorising them by investment style.

  • News

    Kier Group refutes buyout rumours

    2007-10-22T14:30:00Z

    [15:30 CEST 22-10] UK – The Bedfordshire-based construction company Kier group has confirmed it is not thinking of selling its £540m (€774m) pension fund to a specialist buyer.

  • News

    Norwegian fund rated second best

    2007-10-22T14:15:00Z

    [15:15 CEST 22-10] GLOBAL – The NOK2trn (€250bn) Norwegian government pension fund is ranked second in research looking specifically at the structure, governance, transparency, accountability and behaviour of 32 sovereign wealth funds (SWF).

  • News

    T-Charter labelled as 'too weak'

    2007-10-22T14:00:00Z

    [15:00 CEST 22-10] GLOBAL – Standards set by the newly-launched charter for best practice in transition management should be raised, State Street, Barclays Global Investors (BGI) and Russell Investments have demanded.

  • News

    PGGM targets ESG in emerging markets

    2007-10-22T11:33:00Z

    [12:33 CEST 22-10] NETHERLANDS – PGGM, the €88bn Dutch healthcare pension fund, has asked Mercer to search for high-performing emerging markets equities managers with ESG at the core of their strategy.

  • News

    UK regulator appoints trustees to Telent scheme

    2007-10-22T11:30:00Z

    [12:30 CEST 22-10] UK – The Pensions Regulator (TPR) on Friday appointed three independent trustees to the Telent pension scheme, which is to be bought by Edmund Truell’s Pensions Corporation.

  • News

    Italian €3bn Previndai fund tenders bonds and equities

    2007-10-19T15:11:00Z

    [16:40 CEST 19-10] ITALY – Previndai, the €3bn Italian industry wide pension fund for managers of industrial companies, has launched a major investment manager search for several bond and equity mandates, IPE has learned.

  • News

    Growth will become scarce - Merrill Lynch

    2007-10-19T14:47:00Z

    [17:00 CEST 19-10] GLOBAL – Investors expect growth will become increasingly scarce, according to the latest Merrill Lynch fund manager survey.

  • News

    New NHS fund gives equal deal to Scots

    2007-10-19T13:55:00Z

    [15:00 CEST 19-10] UK – Scottish cabinet ministers yesterday announced health care workers in Scotland have earned the same pensions deal as colleagues in England and Wales.

  • News

    Not all wealth fund investment welcome - Barroso

    2007-10-19T13:50:00Z

    [16:00 CEST 19-10] EUROPE – EU member states should take a common approach to protect the union from investments out of line with standards set by the European Union, said José Manuel Barroso, president of the European Commission.

  • News

    Philips plans UK reserve fund

    2007-10-19T11:49:00Z

    [13:00 CEST 19-10] UK – The £2.3bn UK pension fund of the Dutch electronics multinational Philips has said it is planning to set up a reserve fund to buffer against life expectancy risks.

  • News

    Swiss get incentives to work longer

    2007-10-19T11:11:00Z

    [13:00 CEST 19-10] SWITZERLAND – Employees who work beyond the statutory retirement age can continue to pay into their third pillar pension provision for five years, the government has decreed.

  • News

    ÖPAG reveals cross-border destinations

    2007-10-19T11:10:00Z

    [13:00 CEST 19-10] AUSTRIA – The €1.9bn multi-employer Pensionskasse ÖPAG is in negotiations with Germany and Slovenia to set up second-pillar pension operations.

  • News

    Ethical adviser GES gives Burma warning

    2007-10-19T11:09:00Z

    [13:00 CEST 19-10] NORDICS – GES Investment Services has announced it will increase its engagement with investors in companies in Burma to prevent them becoming complicit with violations of human rights.

  • News

    IPE-QUEST: Several $5m US equity mandates

    2007-10-18T16:13:00Z

    [17:10 CEST 18-10] GLOBAL – An investment company in the Middle East is looking for US equity value managers via IPE Quest.

  • News

    State Street reports merger costs of $141m

    2007-10-18T16:12:00Z

    [17:10 CEST 18-10] US – The acquisition of Boston-based Investors Financial Services cost global custodian State Street $141m (€99.5m) the company revealed in its Q3 report.

  • News

    Research finds governance directly linked to return

    2007-10-18T16:11:00Z

    [17:10 CEST 18-10] GLOBAL – Better governance structures lead to better performance, according to joint research by Oxford University and consultants Watson Wyatt.

  • News

    Q3 buy-outs lift Paternoster’s AUM by 21% (Amended)

    2007-10-18T16:10:00Z

    [17:10 CEST 18-10] UK – Pension buyout firm Paternoster has today announced its assets under management (AUM) increased by 21% in the third quarter of this year.

  • News

    Consultants’ study wants Irish annuity rules eased

    2007-10-18T16:07:00Z

    [17:10 CEST 18-10] IRELAND – The government should reconsider the obligation for defined contribution occupational scheme members to buy annuities at retirement, a study on the Irish annuity market recommends.