All IPE articles in September 2005 (Magazine) – Page 2

  • Features

    Harcourt teams up for Swedish index launch

    September 2005 (Magazine)

    Harcourt Investment Consulting, the Swiss hedge funds business has launched a Swedish hedge fund index. Harcourt has teamed up with data firm SIX and News Agency Direkt on a new series called SIX Harcourt HFXS-Index. They say the new offering provides “a comprehensive insight into the fast-growing Swedish hedge fund ...

  • Features

    The heavy hand of regulation

    September 2005 (Magazine)

  • Features

    Opting out of guarantees

    September 2005 (Magazine)

    The consultation process during the preparation of legislation to implement the EU pension directive has given the industry an opportunity to lobby the authorities on a number of issues. “The process appears to have been a success,” says, says Kurt Bednar of Mercers in Vienna. The main issue centred on ...

  • Features

    Reprise for growth investing

    September 2005 (Magazine)

  • Features

    Growing investment universe

    September 2005 (Magazine)

    The Fonditel pension fund in Spain, the fund of Telefonica de Espana, achieved a return on its investments of 6.39% in 2004. “This was achieved basically through the implementation of an adequate exposure to the different asset classes during the year,” the fund says. Fonditel was overweight in equities at ...

  • Features

    Gradually losing their inhibitions

    September 2005 (Magazine)

    As a Scandinavian country, Norway has been more exposed to the private equity culture than most other countries in Europe. And according to the latest figures from the European Venture Capital Association, Norway is slowly creeping up the European private equity rankings in overall terms. Last year, private equity investment ...

  • Features

    Goodbye to the simple life

    September 2005 (Magazine)

    Average returns for Belgian pension funds in 2004 were not particularly good, according to Koen de Ryck, chairman and managing director at Pragma Consulting. According to data from the Belgian Association of Pensions Institutions (BVPI) returns averaged 8.93%. The major issue within the pensions industry in Belgium last year was ...

  • Features

    Ghost in the machine

    September 2005 (Magazine)

  • Special Report

    Hope for German SRI?

    September 2005 (Magazine)

    The rather lacklustre progress of SRI in Germany’s institutional investment market was given a boost in July when the Bundesrat, the country’s upper house, passed legislation extending the SRI reporting obligation for Pensionfonds to the much more numerous and asset-rich Pensionskassen. The reporting obligation that requires funds to disclose whether ...

  • Features

    Fulfilling the promise

    September 2005 (Magazine)

  • Features

    Vital match point in France

    September 2005 (Magazine)

    The French have got used to relying on a relatively generous pay-as-you-go system of retirement provision but, as in other countries, this has become increasingly pressured by demographic trends and the limitations of the public purse so new solutions had to be found. Saving for retirement is a new concept ...

  • Features

    Going with the flow

    September 2005 (Magazine)

    When we think of Switzerland it is easy to become carried away with one central theme: liquid. Glaciers giving way to babbling alpine streams and pristine lakes; sturdy mountain cattle providing the abundant milk that flows into some of the world’s best chocolate and cheeses; the cheeses make us think ...

  • Features

    Finland pensions lead

    September 2005 (Magazine)

  • Features

    Where everyone wins

    September 2005 (Magazine)

  • Features

    Move towards equities

    September 2005 (Magazine)

    Finnish pension funds have posted above target level real returns of more than 7% for the last couple of years, according to Matti Leppälä, director responsible for international and legal affairs for the Finnish Pensions Alliance (TELA). But the industry is concerned that regulations put unnecessary limits on investments which ...

  • Features

    Strong market moves east

    September 2005 (Magazine)

    Central and eastern European pension funds continued to climb up the Top 1000 ranks, with asset growth last year outstripping that of membership because of the exceptionally strong performance of the local capital markets. Share prices rocketed ahead of EU accession in May 2004, while bond markets posted some of ...

  • Features

    Means testing's dubious role

    September 2005 (Magazine)

  • Features

    Equities drive good returns

    September 2005 (Magazine)

  • Features

    Down to the wire

    September 2005 (Magazine)