All IPE articles in October 2007 (Online) – Page 9

News
More institutions target fewer managers – study

2007-10-26T15:25:00Z

[16:25 CEST 26-10] EUROPE – Institutional assets under management (AuM) throughout Europe increased by 14% in 2006, but only few manager consistently win business, according to a study by consultancy firm McKinsey & Company.
News
Lærernes to review PFA and Bankinvest

2007-10-26T15:30:00Z

[16:30 CEST 26-10] DENMARK - The DKK24.5bn (€3.3bn) Danish Teachers' Pension and Life (Lærernes Pension) will be reviewing its Danish equity managers.
News
M&A-hungry Threadneedle pushes into Italy

2007-10-26T15:30:00Z

[16:30 CEST 26-10] EUROPE – UK-based asset manager Threadneedle Investments is looking to open an Italian office, while actively pursuing mergers and acquisitions (M&A) elsewhere in Europe.
News
Local equity lifts ATP

2007-10-26T15:40:00Z

[16:40 CEST 26-10] DENMARK - Major Danish pension fund ATP has reported an investment return of 5.3% for the first nine months of this year, as profits were boosted by the performance of its domestic equities.
News
PKA and Sampension act on Burma

2007-10-26T15:45:00Z

[16:45 CEST 26-10] DENMARK – More Danish pension funds are moving to offload holdings in French oil company Total and US firm Chevron, in support of the Danish government’s stance on trade with politically-troubled Burma.
News
100,000 waiting at PPF doorstep

2007-10-29T12:00:00Z

[13:00 CET 29-10] UK – At least 170 pension schemes in deficit are now in the assessment period, the Pension Protection Fund (PPF) disclosed in its annual report.
News
Pensions Board creates actuarial panel

2007-10-29T12:30:00Z

[13:30 CET 29-10] IRELAND – The Pensions Board is seeking five to six actuarial consultancy firms for future projects.
News
Morley keeps watch on European diversified launch

2007-10-29T13:00:00Z

[14:00 CET 29-10] UK - Aviva’s asset management arm Morley has launched a multi-asset fund targeted at smaller UK pension funds but which it hopes to be able to roll out across Europe in due course.
News
DC members stunned by too much choice – research

2007-10-29T13:30:00Z

[14:30 CET 29-10] GLOBAL - Members of defined contribution (DC) schemes tend not to make a choice at all when given too many funds to choose from, two research studies have found independently.
News
Irish insurance fund to dry up from 2016 - Mercer

2007-10-29T15:00:00Z

[16:00 CET 29-10] IRELAND – The Social Insurance Fund will accumulate a €35bn deficit by 2061 if current regulatory frameworks on retirement age and contribution rates are maintained, Mercer's most recent actuarial valuation of the fund has found.
News
Kaupthing ups ante in SPP takeover

2007-10-29T15:15:00Z

[16:15 CET 29-10] ICELAND – Iceland’s Kaupthing Bank intends to further buy into Storebrand following last week’s shareholders support for the Norwegian life insurers takeover bid of Swedish pension group SPP.
News
Cable & Wireless considers buyout

2007-10-29T15:15:00Z

[16:15 CEST 29-10] UK – Telecoms group Cable & Wireless (C&W) is in the early stages of talks to sell off its £2bn UK pension fund, IPE has learnt.
News
Former minister calls for local pensions ringfence

2007-10-29T15:30:00Z

[16:30 CET 29-10] NETHERLANDS - Dutch pension funds should support the domestic financial services industry by ring-fencing capital for domestic investment managers, former foreign affairs minister Ben Bot has suggested.
News
Men see higher employer payments - research

2007-10-30T13:30:00Z

[14:30 CET 30-10] UK – The pensions savings gap between the sexes has widened, and women are likely to receive lower contributions to occupational schemes from employers, according to a report published by Scottish Widows.
News
‘Solvency II must be modified’ – AEIP

2007-10-30T14:30:00Z

[15:30 CET 30-10] EUROPE – The European Association of Paritarian Institutions of Social Protection (AEIP) has warned the Solvency II proposals must be modified to suit main IORP directive principles for pension schemes.
News
AP1 exits Carnegie committee in protest

2007-10-30T14:45:00Z

[15:45 CET 30-10] SWEDEN – AP1, the largest Swedish buffer fund SEK221bn (€24bn) AP1 has withdrawn its delegate from the nomination committee at Carnegie bank, in protest against the proposed new chairman.
News
Ireland doomed without pension reforms – IMF

2007-10-30T15:00:00Z

[16:00 CET 30-10] IRELAND – Ireland’s public debt will increase to unsustainable levels in the absence of pension and other reforms, argues the International Monetary Fund (IMF).
News
Moody's predicts cross-border banking consolidation

2007-10-30T15:15:00Z

[16:15 CET 30-10] ITALY – The incorporation of Capitalia into UniCredito was probably the last chance for a major inter-Italian consolidation in the banking sector but mergers are likely to continue cross-border, analyst group Moody's has stated.
News
AP7 names portfolio revamp technology

2007-10-30T15:30:00Z

[16:30 CET 30-10] SWEDEN – The Swedish buffer fund AP7 has applied the New Frontier Advisors' IT platform for its latest major strategic asset allocation review.
News
Schroders still bleeds institutional assets

2007-10-30T15:45:00Z

[16:45 CET 30-10] UK – UK asset manager Schroders has failed to stem the continuous institutional outflows it has experienced since last year, the firm's latest figures reveal.