All IPE articles in September 2004 (Online) – Page 2

  • News

    UK’s Brown says people right to worry over pensions

    2004-09-28T03:10:00Z

    UK – UK finance minister Gordon Brown says people are right to be anxious over pensions – but denied there is a pensions crisis.

  • News

    Heissmann slams “flawed” Deutsche pensions note

    2004-09-28T03:09:00Z

    GERMANY - Heissmann Consultants' Managing Partner, Alf Gohdes, has slammed the main finding of a recent research note issued by Deutsche Bank, which found that Germany has Europe's highest pension gaps.

  • News

    BT shrugs off S&P pension revision

    2004-09-28T03:09:00Z

    UK – Phone firm BT Group says S&P’s revision of its credit outlook – partly due to its pension leverage – is “not major news”.

  • News

    AP2 awards E76m sustainable brief to SAM

    2004-09-27T04:35:00Z

    SWEDEN - Andra AP-fonden, the Second Swedish National Pension Fund or AP2, is making a 76 million-euro investment into a fund managed by Sustainable Asset Management.

  • News

    World Bank OKs credit for Montenegro pensions

    2004-09-27T04:26:00Z

    MONTENEGRO – The World Bank has approved 18 million dollars (14.7 million euros) to support, among other things, reform of Montenegro’s pension system.

  • News

    IPE-QUEST: Swiss fund tenders European equities

    2004-09-27T04:25:00Z

    SWITZERLAND – A Swiss pension fund has tendered 70 million euros in actively managed pan-European equities ex-Switzerland via IPE-Quest.

  • News

    NAPF’s Scott queries some Hermes activism

    2004-09-27T04:11:00Z

    BELGIUM - Derek Scott, chairman of the UK’s National Association of Pension Funds’ shareholder affairs committee, has queried some of Hermes Pensions Management’s shareholder activism strategy - citing Vodafone as an example.

  • News

    Switzerland raises first-pillar pensions by 1.9%

    2004-09-27T04:11:00Z

    SWITZERLAND - The Swiss Federal council has increased the first pillar old age, survivor and disablement pensions, known as AVS-AI, by 1.9% in a bid to “to adapt pensions to economic developments”.

  • News

    Too much made of population ageing – IMF

    2004-09-27T04:10:00Z

    GLOBAL – The head of research at the International Monetary Funds says sometimes too much is made of the challenges of population ageing.

  • News

    WM Dutch pension fund index returns 5.1%

    2004-09-27T04:10:00Z

    NETHERLANDS – WM Co. says its Dutch pension fund index returned 5.1% for the year to the end of August.

  • News

    UK pension fund disclosures: BA, Shell, TRW

    2004-09-24T03:52:00Z

    UK - The following are UK pension funds' holdings in companies that have been disclosed this week under the Financial Services Authority's stock market listing rules - with pension funds named including: British Airways, Shell and TRW.

  • News

    UK ombudsman seeks pensions investigator

    2004-09-24T03:50:00Z

    UK - The Pensions Ombudsman, which investigates and decides complaints and disputes about the way pension schemes are run, is looking for self-employed pensions investigators.

  • News

    IBM UK scheme members concerned

    2004-09-24T03:48:00Z

    UK – A group representing members of IBM’s UK pension schemes says it is “reasonable” for members to be concerned about the schemes’ outlook.

  • News

    One-year countdown starts for IORP directive

    2004-09-24T03:39:00Z

    EUROPE – The European Union’s directive on pan-European occupational pensions comes into force in one year’s time.

  • News

    Morgan Stanley’s Orchard joins JP Morgan Fleming

    2004-09-24T03:25:00Z

    UK- JP Morgan Fleming Asset Management has hired Morgan Stanley’s Andrew Orchard as a portfolio manager in its growing global portfolios group.

  • News

    Polish funds lift equity investments

    2004-09-24T03:25:00Z

    POLAND-Pension funds have invested about 300 million dollars (243.5 million euros) in Polish equities in the last four months and the trend is expected to continue, according to Merrill Lynch.

  • News

    Italian pension bonus becomes operational

    2004-09-24T03:25:00Z

    ITALY - One of the pivots of Italy’s pension reform, the tax-free perk to keep Italian workers in their jobs longer, has become operative and will be implemented in two weeks.

  • News

    Ex-Bank of NY Europe chief joins Deutsche Börse

    2004-09-24T03:24:00Z

    EUROPE – Jeffrey Tessler, former general manager of Europe at the Bank of New York, is to join Deutsche Börse as head of its Clearstream International custody arm.

  • News

    Surrey switches to specialist managers

    2004-09-23T04:57:00Z

    UK - The 1.2 billion pounds Surrey County Council has appointed Schroders Investment Management and boutiques Majedie Investments and Mirabaud Investment Managers as managers for its equities portfolio as it prepares to switch to specialist management.

  • News

    FTSE launches tradable ‘supersector’ indices

    2004-09-23T04:56:00Z

    EUROPE - New tradable ‘supersector’ indices have been launched and added to the FTSEurofirst Index Series. These will enable investors to trade a range of 18 sectors across Europe on a real-time basis.