IPE Magazine
June 2012Analysis
Look closely in the land of the cuckoo clock
Switzerland. Picture perfect, with its snow-capped mountains, glistening lakes and clean air. In fact, air pollution is a major environmental concern in Switzerland.
01 Jun 2012
Greece will have to ‘win ugly’ again 01 Jun 2012
Straitened times, new measures 01 Jun 2012
Briefing
Bad news travels
Thanks to potential underfunding, most Dutch pension schemes have already announced they will cut pension payments. And, says Alfred Kool, communications strategist with Towers Watson in the...
01 Jun 2012
Boarding time approaches 01 Jun 2012
Restless continent 01 Jun 2012
Diary of An Investor
We all agree… but
Everyone agrees about the problems. And everyone agrees that institutional investors need diversified, long-term, risk-managed portfolios to help them meet their liabilities.
At least, that is what...
01 Jun 2012
ESG Reports
Pay proposals in the shareholder spring
Shareholders are beginning to flex their muscles by voting against inflated executive remuneration packages in listed companies, says Nina Röhrbein
01 Jun 2012
Guest Viewpoint
Virginie Maisonneuve & Katherine Davidson, Schroders
“Maternity wards and primary schools in London are experiencing a spike in births, and retailers should benefit”
01 Jun 2012
How We Run Our Money
A safe harbour
Nina Röhrbein spoke with Cees Blokzijl, director of pensions at Vopak Pension Fund, about the interaction between the fund and its fiduciary manager
01 Jun 2012
Investing In...
US Equities: Squeezing the last drops
US corporate margins have expanded impressively since the crisis. Joseph Mariathasan asks where the next wave of growth is going to come from
01 Jun 2012
US Equities: Storm clouds gather over US economy 01 Jun 2012
US Equities: Still value to be found on upside 01 Jun 2012
Letter from Brussels
HFT debate hots up
The debate in Brussels on high-frequency trading (HFT) is heating up. The main forum is the European Parliament’s economic and monetary affairs committee (ECON), which in July will clarify its...
01 Jun 2012
Letter from the US
Wisdom of independence
In the aftermath of the 2008 financial crisis, independent US asset managers have increased their revenues and profitability more than the asset-management subsidiaries of the larger US financial...
01 Jun 2012
Long-term Matters
Long-term Matters: Shareholder Spring?
The recent AGM votes on executive pay at UBS, Barclays, Aviva and Citi are obvious signs of fundamental change, no?
01 Jun 2012
Off The Record
Risky business
Some 43% of the respondents to this month’s Off The Record survey had investments that were not benchmarked. Of those respondents that did, it is no surprise that illiquid and non-listed assets...
01 Jun 2012
On The Record
Pensions Accounting
Don’t hold your breath
In short, the answer is ‘no’. The International Accounting Standards Board (IASB) is not going to add a pensions accounting project to its agenda. What it will do, is tinker around the edges. And...
01 Jun 2012
Pensions In
Switzerland: 99 questions
The Swiss pension industry is confronted with as many questions as answers while the government consults on second pillar reforms, writes Barbara Ottawa
01 Jun 2012
Switzerland: The Swiss ESG paradox 01 Jun 2012
Switzerland: The safe haven trap 01 Jun 2012
Securities Services
Avoiding the shadows
Iain Morse reports on the growing use of real-time collateral management
01 Jun 2012
Special Reports
Smart Beta: New generation of choices
The ‘smart beta’ revolution is taking investors from one ‘passive’ solution – the cap-weighted index – to many. Rachel Fixsen looks at the questions this raises
01 Jun 2012
Smart Beta: A smart beta taxonomy 01 Jun 2012
Smart Beta: Creating custom solutions 01 Jun 2012
Strategically Speaking
De-leveraging, beautiful and beastly
Bridgewater’s Pure Alpha is famed as the world’s largest hedge fund, earning $13.8bn for investors in 2011 alone. But today, over coffee in a luxury London hotel, the focus for Bob Prince, co-chief...
01 Jun 2012
On avoiding hostages to fortune 01 Jun 2012
