All IPE articles in September 2006 (Online) – Page 10
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News
Bexley, Lincolnshire name new managers
UK – The Bexley and Lincolnshire local authority pension funds have separately named new asset managers.
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News
German board to discuss IAS19 minimum funding
GERMANY – The German Accounting Standards Board (GASB) is to hold a public discussion following a draft report released in August discussing the IAS19 minimum funding problem.
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Denmark’s Lærernes hires PanAgora for US mid-caps
DENMARK – The DKK20bn (€2.7bn) Danish pension fund Lærernes Pension (Teachers’ Pension and Life) has appointed PanAgora Asset Management for $50m (€36.4m) in US mid-cap equities.
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News
Dutch metals fund PMT returns –1.8%
NETHERLANDS - The industry-wide Pension Fund for Metalworking and Engineering, or PMT, has announced negative returns of 1.8% during the second quarter.
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News
Study finds “very weak” case for funded pensions
EUROPE – A new academic study has found a “very weak” theoretical case for funded pension schemes over traditional pay-as-you-go systems.
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European construction pensions task force (amended)
EUROPE – The European Association of Paritarian Institutions has a task force looking at the impact of portable pensions on the construction sector (amends to clarify earlier article).
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News
Norway: new pension asset department launches
NORWAY – The Norwegian Ministry of Finance’s new asset management department overseeing the state pension funds launches this month.