All IPE articles in October 2009 (Online) – Page 6

News
Industry-wide fund issues climate change mandate

2009-10-20T15:00:00Z

[16:00 CEST 20-10] IPE-QUEST – A Dutch pension fund is planning to venture into Asian-Pacific real estate investments while a second industry-wide pension fund is hoping to invest up to $150m (€m) in a global climate change equity mandate, and both are using IPE-Quest.
News
Austrian study blames pension funds for the financial crisis

2009-10-20T15:15:00Z

[16:15 CEST 20-10] AUSTRIA/GLOBAL – The growth of funded pension systems over the last decades has helped destabilise the equity markets, a new study commissioned by the Viennese Labour Chamber (AK Wien) concludes.
News
LPFA calls for reforms after 19% loss for LGPS

2009-10-20T15:20:00Z

[16:20 CEST 20-10] UK – The London Pensions Fund Authority (LPFA) has warned an increased retirement age and a move to career average earnings must seriously be considered as a way of making public sector pensions more sustainable.
News
UNJSPF grows by €2.7bn in Q3

2009-10-20T15:30:00Z

[16:30 CEST 20-10] GLOBAL – The United Nations Joint Staff Pension Fund (UNJSPF) has reported further growth in the third quarter of 2009 as invesments delivered a return of 12.3%.
News
AP1-4 target global voting service for joint project

2009-10-20T15:40:00Z

[16:40 CEST 20-10] SWEDEN – The first four Swedish National Pension buffer funds (AP1-4) are seeking a provider of a global voting service to assist its move into voting on more specific stocks.
News
Ilmarinen and Tapiola recoup losses

2009-10-20T15:45:00Z

[16:45 CEST 20-10] FINLAND – Ilmarinen pension insurance company has reported a 13.4% return between January and the end of September, driven primarily by equity returns of 22.9%.
News
Wednesday people roundup

2009-10-21T12:30:00Z

[13:30 CEST 21-10] GLOBAL - Norwegian Finance Ministry, Calamos Asset Management, Cardano, SEI, Hymans Robertson, Cheyne Capital, Gartmore, Dominion Fund Management, HDG Mansur Investment Services, Nordea.
News
Keva narrows CEO search to eight

2009-10-21T13:00:00Z

[14:00 CEST 21-10] FINLAND - The Local Government Pensions Institution (Keva) has released the shortlist of candidates to be interviewed for the position of chief executive.
News
Switzerland sets indexation at 2.7%

2009-10-21T14:00:00Z

[15:00 CEST 21-10] SWITZERLAND – All mandatory second pillar pensions paid out since 2006 will get a 2.7% indexation, the Swiss government has decided.
News
Lewisham targets commodities in revised strategy

2009-10-21T14:45:00Z

[15:45 CEST 21-10] UK – The London Borough of Lewisham is seeking a commodities manager as part of the implementation of its revised asset allocation of the £642.2bn (€712.5bn) pension fund.
News
VB to tackle pension cost misconceptions

2009-10-21T15:00:00Z

[16:00 CEST 21-10] NETHERLANDS – VB, the representative body for Dutch industry-wide pension funds, said it will step up its efforts to explain the true value of collective pension arrangements after a survey revealed consumers think costs are much higher than in reality.
News
WW favours PPP over 'high fee' core infrastructure

2009-10-21T15:40:00Z

[16:40 CEST 21-10] UK – Consultancy firm Watson Wyatt has warned high fees on core infrastructure funds are not providing a fair deal for investors and suggested they will be of "little interest" to long-term institutional investors unless they adopt more attractive fee packages.
News
BNY Mellon and Invensys PF team up for collateral delivery

2009-10-21T15:55:00Z

[16:55 CEST 21-10] UK – BNY Mellon and the Invensys pension fund have signed an agreement to develop what is described as a “ground-breaking” single collateral management platform.
News
Irish public sector pensions face Budget cuts

2009-10-21T16:00:00Z

[17:00 CEST 21-10] IRELAND – Brian Cowen, Ireland's premier, has warned public sector pay and pensions could see fresh cuts in the December Budget, in the government's bid to stabilise the country's deficit and make €4bn of savings.
News
IASB cancels plan to alter IAS19 discount rate source

2009-10-22T12:00:00Z

[13:00 CEST 22-10] GLOBAL – The International Accounting Standards Board (IASB) has scrapped plans to widen the range of bonds which companies might use to calculate their discount rate under IAS19 to include government bonds, following polarised responses to a consultation.
News
Strathclyde to appoint manager selector

2009-10-22T14:30:00Z

[15:30 CEST 22-10] UK – Glasgow City Council is seeking a provider of investment consultancy services for the £8.4bn (€9.27bn) Strathclyde Pension Fund.
News
Swiss pensions return to full funding

2009-10-22T14:45:00Z

[15:45 CEST 22-10] SWITZERLAND – Swiss pensionskassen delivered an investment return of 9% for the first nine months of this year and recovering markets have helped bring funding levels of private funds back up to 100%, according to Swiss consultancy Lusenti.
News
Dutch minister 'complicating pension mergers'

2009-10-22T15:00:00Z

[16:00 CEST 22-10] NETHERLANDS - The Netherlands could face a raft of pension mergers following the implementation of a new law, reports our Dutch sister publication IPN.
News
Dutch pension giants report strong recovery

2009-10-22T15:00:00Z

[16:00 CEST 22-10] NETHERLANDS - Recovering equity markets and well-performing investments in listed property and high-yield bonds were the main contributors to a strong 8% recovery during the third quarter for pension funds PfZW, PMT and PME.
News
Longevity growing faster than UK pensions age target

2009-10-22T15:40:00Z

[16:40 CEST 22-10] UK - Life expectancy may be growing at a faster rate in the UK than the government had anticipated, suggest figures from the Office of National Statistics, and may prompt the need for yet another review of the retirement age, consulting firm Watson Wyatt has suggested.