All IPE articles in September 2014 (Magazine) – Page 3

  • Special Report

    Special Report - Securities Services: The custodian cornerstone

    September 2014 (Magazine)

    As the UK continues its discussion of ‘Dutch-style’ collective DC schemes, Carl Giannotta examines changes in the securities services landscape in the Netherlands and how custodians can support such collective schemes across both sides of the North Sea

  • Country Report

    A nationwide debate

    September 2014 (Magazine)

    Leen Preesman sets the stage for the consultative debate on the pensions system that will take place throughout the Netherlands this autumn

  • Features

    Time for a debate

    September 2014 (Magazine)

    This autumn our government is orchestrating what it calls a ‘national debate’ on the future of our Dutch pension system. We at Wasserdicht Nederland have always taken a prudent approach to our pension schemes and we have remained well funded. Unlike many other Dutch funds, we have not had to implement benefits cuts – something I hope our members appreciate.

  • Asset Class Reports

    Emerging Market Debt: Grade deflation

    September 2014 (Magazine)

    Take out the 2008-09 crisis, and the past 18 months have seen emerging market credit rating downgrades outnumber upgrades for the first time in over a decade. Joseph Mariathasan  asks if the loss of momentum in ratings convergence is a sign of weakening fundamentals or a return to old prejudices

  • Asset Class Reports

    Emerging Market Debt: Default judgement

    September 2014 (Magazine)

    The US Supreme Court judgement that led to Argentina’s eighth debt default is an alarming precedent for both emerging and developed sovereigns, argues Rani Mina

  • Features

    Not the destination but the path

    September 2014 (Magazine)

    Vassilios Papathanakos and David Schofield explain why it’s easier to estimate volatility than forecast returns, and why it matters for superior returns and better risk management

  • Opinion Pieces

    Learning disabilities

    September 2014 (Magazine)

    Who would invest in a sector that has lagged the Stoxx 600 by 1.1% in overall growth and by 0.3% in EPS growth for the last 19 years on an annual basis?

  • Features

    Minimum variance, maximum duration

    September 2014 (Magazine)

    The prevalence of highly-indebted companies and sectors in minimum-variance portfolios could expose investors to interest rate risk, warns Mehdi Guissi

  • Country Report

    Dutiful fiduciaries

    September 2014 (Magazine)

    Paul Lee outlines the perspective of the NAPF on the Law Commission review and its implications for pension funds

  • Special Report

    Special Report - Securities Services: Margin of error

    September 2014 (Magazine)

    It’s tough making an honest euro in custody banking. Users of these services might be forgiven for thinking that wherever banks can bury sharp practices in obscure parts of their businesses, they will – and the findings of the UK finance regulator’s recent investigation into transition management won’t put their minds at rest.

  • Special Report

    Special Report - Securities Services: In time, every time

    September 2014 (Magazine)

    Ido de Geus outlines what pension funds and their service providers need to do to ensure they are ready for the collateral-hungry regulatory environment that awaits them in a few months’ time

  • Features

    Focus Group: Political risk versus reward

    September 2014 (Magazine)

    Unsurprisingly for anyone who has caught a news broadcast during 2014, 20 of the investors polled for this month’s Focus Group think that political risk has increased over the past 12 months, with the five remaining funds saying it has stayed about the same. None feels that it has decreased.

  • Country Report

    Focus on the future

    September 2014 (Magazine)

    What should be the focus of the national pensions dialogue? IPE asked leading figures where the discussions should go

  • Interviews

    Nobody's fool

    September 2014 (Magazine)

    Strategically Speaking - Greenlight Capital

  • Country Report

    Implications of FTK

    September 2014 (Magazine)

    Dennis van Eck outlines the changes contained within the new Dutch FTK and the effect they will have upon pension funds

  • Country Report

    A national rule for local funds

    September 2014 (Magazine)

    Taha Lokhandwala looks at radical proposals to reform local government pension investment in England and Wales

  • Features

    No place like homes

    September 2014 (Magazine)

    Christophe Caspar looks into whether or not European housing is a safe home for fixed income investors

  • Country Report

    Ten years of LDI

    September 2014 (Magazine)

    Barry Jones wonders how many people in 2004 would have thought investments would be the single biggest investment exposure for UK schemes by 2014

  • Features

    Russia in the limelight

    September 2014 (Magazine)

    With or without the situation in Ukraine, the shooting down of flight MH17 and international sanctions, the economic outlook for Russia is questionable. We asked two respected observers whether pension funds should pull out

  • Special Report

    Special Report - Securities Services: Minority report

    September 2014 (Magazine)

    As deadlines for mandatory reporting of OTC derivative trades under EU rules pass, Daniel Ben-Ami finds a fair amount of confusion and evidence of non-compliance