All IPE articles in October 2007 (Online) – Page 7

  • 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

    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

    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

    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

    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

    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

    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

    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

    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

    ABP sets date for fund’s split

    2007-10-22T15:45:00Z

    [16:45 CEST 22-10] NETHERLANDS – The €215bn Dutch ABP pension scheme has today named the date for its earlier announced split into a fund and an - as yet nameless - separate administration body.

  • News

    Research finds Dutch are willing to go part-time

    2007-10-23T11:30:00Z

    [12:30 CEST 23-10] NETHERLANDS – Over half of Dutch employees are prepared to keep on working part-time after the official retirement age of 65, according to pensions and ageing think-tank Netspar.

  • News

    T-Charter chair defends principles

    2007-10-23T12:30:00Z

    [13:30 CEST 23-10] GLOBAL – Including stronger principles on best practice for transition managers in the so-called 'T-Charter' could have amounted to restriction of trade, Rick Di Mascio, chief executive of Inalytics, explained.

  • News

    AP1 reviews Pacific mandates

    2007-10-23T13:00:00Z

    [14:00 CEST 23-10] SWEDEN – The SEK221bn (€24bn) buffer fund AP1 is tendering a $680m (€478m) Pacific ex-Japan equities mandate.

  • News

    Tesco staff have lower life expectancy - study (Update)

    2007-10-23T13:30:00Z

    [14:30 CEST 23-10] UK – Life expectancy of individuals varies significantly, not only by the size of the pension fund analysed but also by industry sector, suggests new research by Pension Capital Strategies (PCS) and Continuous Mortality Investigation (CMI).(Update with quotes from Charles Crowling)

  • News

    Eumedion sees detriment in 'acting in concert' plan

    2007-10-23T14:30:00Z

    [15:30 CEST 23-10] GERMANY/NETHERLANDS - German government proposals to sharpen the rules on 'acting in concert' will be detrimental to the attractiveness of the German capital markets, said Eumedion, the Dutch platform for institutional investors.

  • News

    Scottish MPs plan 'flexible retirement'

    2007-10-23T14:30:00Z

    [15:30 CEST 23-10] UK – Nearly half of Scottish members of parliament (MSPs) would be able to claim their pensions while still serving, under new plans being considered by the Scottish Parliament.

  • News

    Pension experts disagree over deferred benefits

    2007-10-23T15:00:00Z

    [16:00 CEST 23-10] UK – The National Association of Pension Funds (NAPF) has backed a proposal by the government to half the cap on indexation of deferred retirement benefits, but consultancy experts have criticised such reforms.

  • News

    EFRP appoints new chair and directors

    2007-10-23T15:25:00Z

    [16:25 CEST 23-10] EUROPE – Angel Martinez-Aldama, director general of Spanish fund association Inverco, has succeeded Jaap Maassen, director of pensions at Dutch ABP, as chairman for the European Federation for Retirement Provision (EFRP).

  • News

    ATP makes first move on Burma investments

    2007-10-23T15:30:00Z

    [16:30 CEST 23-10] DENMARK - Danish labour market pension fund ATP said it has decided to sell its shares in Total and other oil companies that work directly with Myanmar Oil.

  • News

    Call for pension funds to push OTC standards

    2007-10-24T11:00:00Z

    [12:00 CEST 24-10] GLOBAL - Asset servicing giant Northern Trust says pension funds could face higher than necessary costs unless they put pressure on asset managers to adopt standardised language when trading in over-the-counter (OTC) derivatives.