All IPE articles in September 2008 (Online) – Page 4
-
NewsVB issues warning on indexation
[16:00 CEST 19-09] NETHERLANDS – VB, the organisation for Dutch industry-wide pension funds, has warned many of its members are worried they will not be able to index the pensions.
-
NewsGerman fund ventures into emerging markets
[14:45 CEST 19-08] GERMANY – A German corporate pension fund (CTA) has said it wants to invest €100m in emerging market equity and is looking for managers via IPE Quest.
-
NewsStructured products least of worries – PK head
[14:30 CEST 19-08] SWITZERLAND – The Pensionskasse of the Swiss city of Luzern might be facing losses because it held structured products with the now insolvent Lehman Brothers, but the fund’s head, Konrad Wüest, told IPE this was not the main problem at the moment.
-
NewsDutch funds' stances differ on stock lending
[14:00 CEST 19-09] NETHERLANDS – Dutch pension funds today showed mixed views on the practice of lending securities of European and US banks.
-
NewsDutch cover ratios improve slightly
[17:20 CEST 18-09] NETHERLANDS – The cover ratio of Dutch pension funds rose slightly in the second quarter of this year, according to new figures released by the Dutch pension regulator DNB.
-
NewsPFZW condemns pension proposals
[17:20 CEST 18-09] NETHERLANDS – PFZW, the €86bn pension fund for the Dutch health and welfare sector, has spoken out against new cabinet measures intended to increase labour participation between the ages of 62 and 65.
-
NewsMore UK funds in class action
[17:20 CEST 18-09] UK – Large UK pension schemes, with funds over £1bn (€1.3bn) in assets, are increasingly becoming involved in class action law cases, the National Association of Pension Funds (NAPF) has found.
-
NewsIrish accounting deficit back on a high
[17:15 CEST 18-09] IRELAND – The total pension accounting deficit for Irish-based ISEQ quoted companies was close to €3.5bn by the end of August, hitting pension funds’ previous recovery, according to new pension consultant Attain.
-
News
150,000 to join BPK
[17:10 CEST 18-09] AUSTRIA – Civil servants born after 1954 will be joining the existing Bundespensionskasse BPK, government and unions agreed yesterday.
-
NewsForced swap event raises prices for pension funds
[17:00 CEST 18-09] EUROPE – European pensions funds may already be paying as much as 20bps more to replace the swaps they held before the Lehman Brothers collapse was announced this week, as bid/offer spreads have widened as much as 10 basis points among contract suppliers, on top of the ...
-
NewsBA landed with fresh pensions deficits
[17:00 CEST 18-089] UK – British Airways has seen its pension liabilities increase again in current market conditions as trustees of its two defined benefit schemes have both reported fresh deficits.
-
NewsIncrease emphasis on manager skill – Hewitt
[17:10 CEST 18-09] EUROPE – In current market conditions, pension funds would be better off placing emphasis on strategies that are more dependent on manager skill rather than the direction of the markets, argues Peter Hill, a hedge fund specialist at Hewitt Associates.
-
NewsFinancing to keep AIG afloat for break-up
[17:00 CEST 17-09] GLOBAL – The US Federal Reserve has granted global financing firms and their investors a last-minute rescue package by agreeing to invest up to $85bn (€60bn) in American International Group.
-
NewsBarclays to take on Lehman’s transition management?
[16:45 CEST 17-09] GLOBAL – Barclays Group has purchased key elements of Lehman Brothers investment banking so part of that deal appears to be to take on the firm’s transition management services to pension funds, however, no progress has been made yet on the sale of Lehman’s asset management wing.
-
NewsHBOS rescue could marry Insight and SWIP
[16:15 CEST 17-09] EUROPE – Insight Investment and Scottish Widows Investment Partnership (SWIP) could be merged into a £200bn (€250bn) asset management house as Halifax Bank of Scotland (HBOS) is in talks with rival Lloyds TSB following fresh falls in its share price.
-
NewsMercer trio launches new Irish consultancy
[16:00 CEST 17-09] IRELAND – John Feely, the former head of Mercer retirement solutions in Ireland, and Maurice Whyms, former chief executive of Mercer Dublin, have launched a new consultancy company focusing on pensions, human resources and financial services.
-
NewsPolsat sale 'likely' - source
POLAND – The smallest pension fund in the Polish market, Polsat OFE, is "likely to be sold”, IPE has learnt.
-
NewsWednesday people roundup
[14:00 CEST 17-09] GLOBAL – tPR, P-Solve, rpmi, Hermes, Baillie Gifford, BDO Stoy Hayward, RWC Partners, BNP Paribas, Man Investments, Schroders Property, Threadneedle, Aberdeen Asset Management, T. Rowe Price.
-
NewsGov't urged to stick with qualifying earnings test
[13:30 CEST 17-09] UK - The Trade Union Congress (TUC) has urged the government not to give into pressure from the pensions industry to "water down" the qualifying earnings test to allow existing occupational schemes to be exempt from personal accounts.
-
NewsSchemes pursue equity spree to compensate for losses
[13:00 CEST 17-09] NETHERLANDS - Dutch pension funds acquired a record €12bn in equities during the second quarter of this year, to compensate for the loss of value in equity investments elsewhere, pensions regulator De Nederlandsche Bank has revealed.
