All articles by Robert Fuller

  • Features

    Swaption case study for pension funds

    May 2006 (Magazine)

    Partly as a result of the introduction of the new Financial Assessment Framework (Financieel Toetsingskader – nFTK), pension funds are monitoring interest-rate risk. An average Dutch pension fund has a duration mismatch between its liabilities and its fixed-income investments. Several solutions have been suggested which includes buying long-dated bonds, LDI-funds ...

  • News

    Former Gartmore CEO joins Martin Currie


    This and other briefs...

  • News

    Russia considers new draft law on pensions


    RUSSIA – A fourth draft law on pensions has been put before the State Duma, the Russian lower legislative house...

  • News

    Punter Southall wins £85m fund advisory brief


    UK – Consulting actuary firm Punter Southall has won the mandate to administer and advise on the £85m (€135m) defined benefit (DB) scheme of Oxford Instruments, a medical and superconductive equipment provider....

  • News

    NeoNet connects equity platform to Euronext


    EUROPE/US – Stockholm and New York based real-time electronic equity trading services provider, NeoNet, has connected to the Euronext exchange platform....

  • News

    Northern Trust in €125m Italian multi-manager win


    ITALY – Northern Trust Global Investments (NTGI) has won a mandate to run four €125m seeded mutual funds for Italian banking group, Mediolanum.

  • News

    German pensions consultant registers with US SEC


    GERMANY/US – Siemens Financial Services (SFS) pension advisory team has become the first German pensions consultant to be registered with the US Securities and Exchange Commission (SEC)....

  • News

    Swiss parliament rejects tax on pension funds


    SWITZERLAND – The Swiss pension industry is confident the House of Representatives ( HR) will go the same way as the country’s lower house, which recently voted against levying stamp duty on the country’s domestic funds, says Peter Wirth of the Versorgeforum, the Swiss second pillar pensions forum.

  • News

    Soc Gen and Mellon in employee savings tie-up


    FRANCE/US – Société Générale (SG) and Mellon Investor Services (MIS) have formed a partnership to manage employee stock option and shareholder plans for multinational US and continental European corporate issuers....

  • News

    Deutsche GSS hires new Italian client head


    ITALY – Deutsche Bank (DB) have appointed Jean-Marc Crépin as head of customer management for its Global Securities Services (GSS) operations in Italy....

  • News

    £750m Cumbria fund picks Deutsche for custody


    UK – The £750m (€1,199m) Cumbria County Council Pension Fund has appointed Deutsche Bank as global custody services provider for the scheme’s assets....

  • News

    Investia installs first European online platform


    LUXEMBOURG – Financial services software provider, Investia, has installed its first European online fund processing platform at JP Morgan Investor Services in Luxembourg....

  • News

    Railtrack poser for pension fund investors


    UK – It’s still too early to know if pension funds have a right to action in the collapse of Railtrack, the UK’s railway station and track maintenance group, says Robin Ellison, chairman of the pensions group at the London office of international legal firm, Eversheds...

  • News

    UK pension funds deserting equities


    UK – FRS 17, the new accounting standard for pension funds in the UK is causing dramatic shifts in portfolio composition, says an equity research report by Deutsche Bank (DB).

  • News

    Call to extend employers’ stakeholder exemptions


    UK – Fines totalling £10bn (€16bn) could be imposed on companies not meeting the new stakeholder pensions deadline of 8 October, claims David Willetts, the Conservative Party’s spokesperson for work and pensions issue, in a private report.

  • News

    Outsourcing management key trend on Continent


    EUROPE – Institutional investors across continental Europe are increasingly outsourcing their asset management, according to the results of a soon to be published survey by Greenwich Associates(GA), the Connecticut based research and consultancy firm.

  • News

    Pensions part of German wage bargaining says aba


    GERMANY – The recent collective bargaining contracts between the metal and chemical workers’ industry associations and their respective trade unions signal the beginning of a trend that is helping to reshape the German pension fund industry...

  • News

    AP3 completes first phase of €577m Asian mandates


    SWEDEN – The initial tender period to find managers for the €577m Asia Pacific (ex-Japan) and Japan equity funds of the Third Swedish National Pension Fund, AP3, as put out in July, is now complete.

  • News

    Boadicea heralds all girl hedge fund management


    UK – Europe’s first and only all female hedge fund management company, Deco Capital, has been launched, kicking off operations with the Boadicea fund...

  • News

    Mark moves from WM to head iBoxx in Frankfurt


    GERMANY – David Mark has been appointed chief executive officer of iBoxx, the new fixed income indices joint venture company between ABN Amro, Barclays Capital, BNP Paribas, Deutsche Bank, Dresdner Kleinwort Wasserstein, Morgan Stanley, UBS Warburg and Deutsche Börse.