All Alternatives articles – Page 130

  • News

    France’s FRR calls managers to SRI meeting

    2005-06-20T03:03:00Z

    FRANCE – The €19.6bn Fonds de Réserve pour les Retraites, the French Pensions Reserve Fund, is planning to meet asset managers about socially responsible investing later this month.

  • News

    Dutch system seen as global pension leader

    2005-06-20T03:03:00Z

    NETHERLANDS – “The Dutch pensions industry had come from being a virtually unknown pension power 10 years ago, to being the global pension revolution leader today,” said Keith Ambachtsheer, academic and strategic adviser to pension plans.

  • News

    Inarcassa CEO Tosi joins alternatives house

    2005-06-17T11:14:00Z

    ITALY - Paolo Tosi, chief executive of Inarcassa, the €3bn pension fund for self-employed architects and engineers, has left the fund to join alternatives group Kairos Partners.

  • News

    MN Services changes management structure

    2005-06-17T11:13:00Z

    NETHERLANDS – Dutch pension manager MN Services has named Wouter Pelser as co-head of asset management in a bid to enhance efficiency.

  • News

    Railpen hires former Lane Clark consultant

    2005-06-17T11:13:00Z

    UK - Railpen Investments, which manages £15bn (€22.6bn) of pension assets for the UK rail industry, has hired a former consultant from Lane Clark & Peacock as senior investment manager.

  • News

    Handbook flags directive’s impact on hedge funds

    2005-06-15T03:58:00Z

    IRELAND – The European savings directive on the funds industry will have an impact on Hedge funds and hedge fund of funds, according to a handbook from Dublin- and London-based funds consultancy Carne Global Financial Services.

  • News

    Hedge funds own 3.8% of UK market – SSGA

    2005-06-15T03:52:00Z

    UK – State Street Global Advisors says it estimates that hedge funds own around 3.8% of the UK equity market.

  • News

    Deutsche hires UBS exec for hedge fund marketing

    2005-06-15T03:52:00Z

    EUROPE – Deutsche Bank says it has hired a marketing executive from UBS as head of European distribution for its Deutsche Asset Management arm’s absolute return strategies unit.

  • News

    South Yorkshire scheme loses team member

    2005-06-10T03:26:00Z

    UK – The South Yorkshire Pensions Authority, which manages £2.7bn (€4bn) of assets, is looking for an investment manager following the departure of one of its six-strong investment team.

  • News

    IPE-QUEST: Dutch scheme tenders portable alpha

    2005-06-09T03:42:00Z

    NETHERLANDS – A Dutch investment consultant has tendered a multi-asset class portable alpha mandate worth at least €15m via IPE-Quest.

  • News

    France's FRR names private equity consultant

    2005-06-09T03:19:00Z

    FRANCE - The €19.6bn Fonds de Réserve pour les Retraites, the French Pensions Reserve Fund has named a consultant to help it choose private equity managers.

  • News

    ING buys Slovakia pension fund for €35m

    2005-06-06T03:40:00Z

    SLOVAKIA – Dutch banking group ING has signed an agreement to buy Slovakian private pension fund VSP Tatry Sympatica for €35m.

  • News

    Pension funds pull €1.6bn from Liontrust

    2005-06-01T05:42:00Z

    UK – Pension funds pulled £1.1bn (€1.6bn) from equity specialist Liontrust Asset Management in the year to the end of March – hit by a move towards hedge funds.

  • News

    Volkswagen Pension Trust in revamp (Update)

    2005-06-01T03:37:00Z

    GERMANY - Volkswagen Pension Trust, the pension fund for the German car giant, has completed a sweeping revamp of the way its €1.5bn in pension assets are invested (Updates with clarification, fresh edit).

  • Features

    Absolute returns harder to find?

    June 2005 (Magazine)

    In theory, hedge funds are all about delivering absolute returns – finding the elusive alpha. Until now, it has been universally accepted that the objective of a hedge fund is to provide positive absolute returns over a medium-term investment horizon irrespective of market environment and traditional market performance. But in ...

  • Features

    Case for active style allocation

    June 2005 (Magazine)

    Although the existing literature seems to concur on the interest of hedge funds as valuable investment alternatives, there seem to be several shortcomings in current industry practice when it comes to fully capitalising on the advantages of including hedge funds in an investor’s asset allocation. So far, the only solution ...

  • Features

    Alpha: looking in wrong place?

    June 2005 (Magazine)

    Institutional investors coping with a low-return environment have recently been pouring unprecedented amounts of capital into hedge funds. The stated motives for doing so vary, but are all rooted in the search for higher expected returns. Some point to the track records of hedge funds during the recent bear market ...

  • Features

    Over a barrel

    June 2005 (Magazine)

    The world has become accustomed to increased crude oil prices in recent years. But while most oil analysts ascribe the major price upsets to factors inherent to the crude oil market, the Organisation of Petroleum Exporting Countries (OPEC) has put part of the blame on the speculative role of pension ...

  • Features

    Belgium starts to warm up

    June 2005 (Magazine)

    As a nation, Belgium comes way down the list of private equity investors in Europe. In 2003, the latest year for which figures are available, private equity investments equalled only 0.1% of gross domestic product, according to the European Venture Capital Association. That was less than half the European average ...

  • Features

    Fear of a bubble unfounded

    June 2005 (Magazine)

    The global hedge fund market has grown at a rate of circa 20% over the last four years, total assets under management reaching an estimated $1trn (e793bn) by year-end 2004. Inflows did slow, however, during the second half of 2004, not least because of the comparatively modest performance experienced in ...