All IPE articles in September 2007 (Online) – Page 3

News
IPE-QUEST: Danske seeks biotech manager

2007-09-24T11:45:00Z

[12:45 CEST 24-09] DENMARK – The Danish asset manager Dankse Capital is searching for an active equity manager on two long-only global mandates run against Nasdaq Biotech and MSCI Healthcare indices respectively.
News
Pension schemes’ governance is lagging - DNB

2007-09-21T15:30:00Z

NETHERLANDS - Many pension funds have underestimated the time needed to implement the principles of pension fund governance and a large majority have yet to organise their internal supervision, pensions supervisor De Nederlandsche Bank has warned.
News
Pension funds feel confidence blow on ratings

2007-09-21T15:30:00Z

[16:30 CEST 21-09] GLOBAL - Market developments on the back of the credit crunch have shaken pension funds and institutional investors’ confidence in credit ratings agencies, suggests a study by US consultancy Greenwich Associates.
News
Dutch cabinet to limit support for pension build-up

2007-09-21T15:00:00Z

[16:00 CEST 21-09] NETHERLANDS - The Dutch cabinet has announced proposals to limit the fiscal support for the build-up of a pension for incomes of over €185,000.
News
ABP to implement new internal risk model

2007-09-21T14:00:00Z

[15:00 CEST 21-09] NETHERLANDS – ABP, the largest Dutch pension fund, is set to be the first to implement a new internal risk model for the solvency test as part of the new FTK assessment framework.
News
Securities trading platform move postponed

2007-09-21T13:00:00Z

[14:00 CEST 21-09] BELGIUM/NETHERLANDS – Plans to implement an interim step towards a single European transaction processing platform, known as Euroclear Settlement of Euronext-zone securities (ESES) on the Dutch and Belgian market, has been postponed.
News
PPF 'discourages' DB schemes, argues lawyer

2007-09-21T12:00:00Z

[13:00 CEST 21-09] UK – Strong pension plan sponsors have issues with current regulations surrounding the Pension Protection Fund (PPF), an NAPF seminar heard.
News
Capita buys Aspen's consultancy services

2007-09-21T11:00:00Z

[12:00 CEST 21-09] UK – Pensions administration group Capita is expanding its position further into the consultancy space with the purchase of actuarial consultants Aspen for an undisclosed sum.
News
Berkshire trades direct property for fund

2007-09-21T10:00:00Z

[11:00 CEST 21-09] UK - The £1.4bn (€2.1bn) Berkshire pension fund has made a £15m investment into BlackRock's UK property fund.
News
Buyout still too costly to take off – Aon

2007-09-20T15:45:00Z

[16:45 CEST 20-09] UK – Too few pension schemes see buyout as realistic and affordable for the buyout market to reach the widely-predicted boom, suggests consultancy firm Aon.
News
PZU sells Lithuanian pension fund operations

2007-09-20T14:45:00Z

[15:45 CEST 20-09] LITHUANIA – Polish insurance group PZU is selling its Lithuanian pension fund management operations to investment bank Finasta.
News
Trustee code of practice ignored, claims OPA

2007-09-20T14:30:00Z

[15:30 CEST 20-09] UK – Companies will not fulfil the Pensions Regulator's Code of Practice on principles of 'proportionality, fairness and transparency' in trustee nomination in time for the October deadline, the Occupational Pensioners’ Alliance (OPA) has claimed.
News
IPE-QUEST: Belgian currency overlay mandate

2007-09-20T14:15:00Z

[15:15 CEST 20-09] BELGIUM – A Belgian institutional investor is looking for investment managers to handle a $100m (€71.2m) global emerging markets currency overlay mandate, using IPE-Quest.
News
Foundation says EC to sue Dutch government

2007-09-20T14:00:00Z

[15:00 CEST 20-09] NETHERLANDS – The European Commission is to take the Dutch government to the European Court of Justice over double taxation practices which are reducing pensions, according to the Foundation of Migrant Workers, the Stichting grensarbeid.
News
BaFin president to lose power in leadership revamp

2007-09-20T11:30:00Z

[12:30 CEST 20-09] GERMANY – Jochen Sanio, president of German financial regulator BaFin, is to lose authority as the government has approved a new leadership structure for the agency.
News
Credit turmoil fails to dent equities appetite

2007-09-20T10:30:00Z

[11:30 CEST 20-09] GLOBAL – Risk aversion has risen sharply on the back of turmoil in credit markets yet fund managers have failed to radically shift their portfolios, according to Merrill Lynch.
News
Deregulation unlikely, NAPF seminar told

2007-09-20T10:00:00Z

[11:00 CEST 20-09] UK – Minimising regulatory requirements for pension funds would be a good thing to do but it is unlikely to happen, delegates at a National Association of Pension Fund (NAPF) seminar agreed.
News
Cabinet offers no clarity on ‘levensloop’ future

2007-09-19T15:21:00Z

[16:45 CEST 19-09] NETHERLANDS – The Dutch government has been unable to formulate a new policy on the ailing tax-friendly ‘levensloop’, or life course, scheme.
News
'Storm brewing' says French analyst

2007-09-19T14:54:00Z

[16:45 CEST 19-09] FRANCE – President Nicolas Sarkozy's announcement of changes to the special pension arrangements for certain categories public employees will trigger strikes, analyst Phillip Silitschanu from the Aite Group told IPE.
News
AP7 reviews quant index fund and manager

2007-09-19T14:52:00Z

[16:45 CEST 19-09] SWEDEN – In a push for diversification, the Swedish AP7 buffer fund has rearranged its quantitative index fund, while reviewing the position of State Street Global Advisors (SSGA) as its investment manager.