Advisers – Page 75

  • News

    New FTK parameters to hit premiums, expert says

    2006-10-09T15:51:11Z

    NETHERLANDS - The new parameters for the financial assessment framework FTK, announced last week by De Nederlandsche Bank, could lead to up to a 6% increase in pension contributions, says pensions professor Guus Boender.

  • News

    British Coal Scheme appoints Watts, Read

    2006-10-09T08:50:16Z

    UK – The £11.9bn (€17.6bn) British Coal Staff Superannuation Scheme has appointed Philip Read and Nick Watts as chairman and trustee director respectively.

  • News

    Watson Wyatt hires Hewitt’s Everness

    2006-10-05T16:06:44Z

    UK – Watson Wyatt says it has hired Hewitt Associates’ Graham Everness as a senior consultant in its Pensions Technical Unit.

  • News

    Schemes 'unsatisfied with funds of hedge funds'

    2006-10-05T16:03:32Z

    GLOBAL - Mercer Investment Consulting says only 23% of pension schemes are satisfied with funds of hedge funds investments.

  • News

    Deloitte to expand pension investment group

    2006-10-04T16:03:42Z

    UK – Professional services firm Deloitte is looking to expand the pension and investment services group within its Deloitte Total Reward & Benefits Investment Services practice.

  • News

    France’s FRR seeks SRI service providers

    2006-10-04T16:01:53Z

    FRANCE - The €27.6bn Fond de Resérve pour les Retraites, the French Pensions Reserve Fund, is looking for assistance in socially responsible investing.

  • News

    Dutch consultant HV&P joins Milliman

    2006-10-04T16:00:46Z

    GLOBAL – Milliman Global has added Dutch employee benefits consultant HV&P to its global network of independent actuarial and consulting firms, it was announced today.

  • News

    Extra €75bn goes to external managers - report

    2006-10-04T15:57:12Z

    EUROPE – European institutional investors have put an extra €75bn with external asset managers, according to consulting firm Greenwich Associates.

  • News

    New hires at Mercer and Lane Clark & Peacock

    2006-10-03T16:00:09Z

    UK – There have been a series of new appointments at pension consulting firms Mercer Human Resource Consulting and Lane Clark & Peacock.

  • News

    Paternoster awards custody brief to State Street

    2006-10-03T15:57:47Z

    UK – New pensions buyout firm Paternoster has appointed State Street to provide it with custody and securities lending services.

  • News

    Polish reformer Góra condemns govt plans

    2006-10-03T15:56:27Z

    POLAND – Marek Góra, the Warsaw School of Economics professor who was one of the architects of the Polish pension reform, has condemned the Polish government’s pre-pensions proposals, saying they would amount to a “disaster”.

  • Features

    Managers assess fallout from Swissfirst

    October 2006 (Magazine)

    The Swissfirst scandal has rocked the pensions industry, but managers in Switzerland feel there is no need for root-and-branch reform. George Coats reports

  • Features

    Room at the inn for non-Swiss custodians

    October 2006 (Magazine)

    While the market for custodians in Switzerland is ruled by local players there is space for providers with international reach. Heather McKenzie reports

  • Features

    European consultancy shapes up for the future

    October 2006 (Magazine)

    Stricter regulation and disappointing investment performances during the past couple of years have shaken up the inter-relationship between asset managers, institutional investors and consultants. Two independent Dutch and German consultancy firms that are cooperating together explain their reasons against a changing scenario for their businesses

  • Features

    Lifting the veil in Germany

    October 2006 (Magazine)

    Frankfurt was the location last July for the first meeting between the asset managers and the consultants who act intermediaries between the investment sector and institutional investors. This meeting had been arranged by our organisation for a good reason. The situation of the German market is undergoing substantial change. The ...

  • Features

    SocGen steps up its European presence

    October 2006 (Magazine)

    Société Générale’s €548m acquisition in January of 2S Banca, the securities services business of Italy’s UniCredit Group, is an important step in the French bank’s aim to become a Europe-wide player in the securities services business. 2S Banca was the second largest custodian in Italy, with more than €455bn in ...

  • Features

    Who has the lowest costs of all?

    October 2006 (Magazine)

    If we measure the long-term average annual investment management cost incurred by funds from different global regions, we find that European funds, at 19 bps, spend the least while Australian funds, at 44 bps, spend the most. However, before we conclude that European funds are the world’s lowest cost funds, ...

  • Features

    Aegon’s €40bn pooling project with Citigroup

    October 2006 (Magazine)

    Citigroup Global Transaction Services is to build an investment platform for Aegon The Netherlands that will enable the Dutch insurance and pensions company to pursue a range of asset strategies across multiple jurisdictions. Sikko van Katwijk, managing director at Citigroup, said the platform is designed to help investment managers change ...

  • Features

    Consultants kept busy as regulation mounts

    September 2006 (Magazine)

    An ever complex legal framework and volatile markets in Swizerland has been a boon for the consultancy industry. Rachel Fixsen reports

  • News

    Dutch painters tap MLIM for swaps

    2006-09-29T15:38:06Z

    NETHERLANDS – A&O Services, which runs the €3.2bn Dutch painters pension fund BPF Schilders, has chosen Merrill Lynch Investment Managers to implement a €1.4bn swap and swaptions overlay programme.