All IPE articles in October 2007 (Online) – Page 5

News
Regulator steps in to mediate at EMI pension fund

2007-10-18T16:04:00Z

[17:00 CEST 18-10] UK – The trustees of the £1bn pension fund of record giant EMI have failed to come to an agreement over scheme funding with the group’s new private equity owner, Terra Firma.
News
Watson Wyatt urge funds to diversify indices for added value

2007-10-18T16:02:00Z

[17:00 CEST 18-10] UK – Fundamental and risk-weighted indices can offer different beta to a portfolio, consultants Watson Wyatt has advised pension funds.
News
Large Dutch schemes remain stable despite market turmoil

2007-10-18T16:01:00Z

[17:00 CEST 18-10] NETHERLANDS - The turmoil in the financial markets has hardly affected the returns of the large Dutch industry-wide pension funds PGGM, PMT and PME, which reported third quarter returns of 2.2%, 2% and 3.2% respectively.
News
Quarter of UK corporate schemes manage longevity risk

2007-10-17T15:44:00Z

[16:50 CEST 17-10] UK – Around 25% of UK corporate sponsors have implemented measures to control the longevity risks in their pension scheme, according to a new study by Watson Wyatt.
News
Options galore in Irish pensions green paper

2007-10-17T15:43:00Z

[16:50 CEST 17-10] IRELAND – The government today presented the long-awaited green paper on pensions including issues like scheme funding, retirement age and work flexibility – but giving no recommendations.
News
UK consumers get say in personal accounts

2007-10-17T15:34:00Z

[16:50 CEST 17-10] UK – Various consumer groups have been invited by the Department for Work and Pensions (DWP) to join a committee to work with the Personal Accounts Delivery Authority (PADA).
News
Wednesday people roundup

2007-10-17T13:30:00Z

[14:30 CEST 17-10] GLOBAL – BHW, GCAE, Hymans Robertson, HSBC, Hewitt, LCP, Fidelity, Punter Southall, NTGI, EDHEC.
News
NAPF launches members' only DC forum

2007-10-17T13:26:00Z

[14:30 CEST 17-10] UK – The National Association of Pension Funds (NAPF) launched a platform dedicated to defined contribution (DC) schemes.
News
NAPF pleads for strong governance

2007-10-17T13:24:00Z

[14:30 CEST 17-10] UK – Chris Hitchen, chair of the National Association of Pension Funds (NAPF), has argued strong governance structures are vital for pension funds to operate dynamically.
News
JPMAM brings four 130/30 strategies to Europe

2007-10-17T13:05:00Z

[14:00 CEST 17-10] EUROPE – JPMorgan Asset Management(JPMAM), one of the pioneers of the 130/30 strategy in the US, has joined a host of new entrants to the UK market with the launch of four new funds for institutional investors.
News
Dutch supervisor appoints new pensions director

2007-10-17T12:31:00Z

[13:30 CEST 17-10] NETHERLANDS – The Dutch central bank and pension supervisor, DNB, has appointed Joanne Kellermann as its new director.
News
FRR tenders €2bn in commodities mandates

2007-10-16T15:35:00Z

[16:40 CEST 16-10] FRANCE – The €33.4bn Fonds de Reserve pour les Retraites (FRR) is looking for commodity managers.
News
Mercer hires European head of implemented consulting

2007-10-16T15:30:00Z

[16:30 CEST 16-10] EUROPE – Michael Kinney joins Mercer to head its European implemented consultancy services.
News
LVAM in drive to grow institutional business

2007-10-16T15:17:00Z

[16:20 CEST 16-10] UK – LV=Asset Management (LVAM), the asset management arm of UK’s largest friendly society, has announced ambitious plans to expand its fund management arm with 12 new funds and the development of a multi-manager capability, as it targets institutional and retail investors.
News
NPRF hires three transition managers

2007-10-16T15:12:00Z

[15:40 CEST 16-10] IRELAND – The €21.3bn National Pension Reserve Fund (NPRF) has appointed a panel of three transition managers including Citigroup, Lehman Brothers and State Street in a bid to improve cost efficiency.
News
Kensington and Chelsea fund seeks consultant

2007-10-16T13:38:00Z

[14:40 CEST 16-10] UK – The £425m (€610m) Royal Borough of Kensington and Chelsea pension fund is seeking an investment consultant to assist with asset allocation and external manager appointments.
News
ECJ rejects retirement age discrimination claim

2007-10-16T13:35:00Z

[14:40 CEST 16-10] SPAIN – The European Court of Justice (ECJ) today has rejected Félix Palacios de la Villa’s age discrimination claim against his employer, clothing company Cortefiel Servicios SA.
News
Sisk boosts membership with group personal pensions

2007-10-16T12:46:00Z

[13:50 CEST 16-10] IRELAND – The Dublin-based pension fund of Ireland’s largest general contracting company, John Sisk & Son, has found replacing its trust based defined contribution (DC) scheme has boosted take-up rates among Irish employees.
News
ABP and PGGM award €2bn mezzanine brief to AlpInvest

2007-10-16T12:36:00Z

[13:30 CEST 16-10] NETHERLANDS - Private equity investor AlpInvest Partners has been awarded a €2bn mezzanine mandate from the two largest Dutch pension funds ABP and PGGM. The two pension funds own the private equity investor jointly.
News
Swedish supervisor to review small funds’ risk management

2007-10-16T12:28:00Z

[13:30 CEST 16-10] SWEDEN – Supervisory body Finansinspektionen (FI) said it will check whether risk management matches the investment strategy at smaller pension funds.