All articles by Barbara Ottawa – Page 108
-
Features
Need for pensions wake-up call
Both politicians and trades unions are concerned about pensions in Austria. Barbara Ottawa talks to some of the movers and shakers
-
News
EU appoints actuary for unfunded pensions
LUXEMBOURG – The European Court of Auditors has appointed Belgian actuary ESOFAC to look into the unfunded pension arrangements for the civil servants at the European Union.
-
News
Ealing completes manager review
UK – The London Borough of Ealing's £557m (€816.7m) pension fund has replaced UBS and Fidelity with three new managers.
-
News
AP7 in major portfolio overhaul
SWEDEN – In a major revamp of its portfolio the SEK80bn (€8.8bn) Swedish buffer fund AP7, Sjunde AP-fonden, shows more appetite for risk but not for hedge funds.
-
News
First licence for second pillar filed
ROMANIA – ING's Romanian pension fund Fond de Pensii was the first to file for a licence for second pillar pension provision which is expected to be open for business early next year.
-
News
Michelin considers UK scheme closure
UK – The French tyre manufacturer is considering to close the defined benefit scheme for its UK operations to future entrants and accruals as of 2009.
-
News
Institutions tame hedge funds – State Street
GLOBAL – Institutional investors are changing the world of hedge fund and increased disclosure might eventually lead to a decrease in outperformance, State Street has said.
-
News
Funds select managers past their peak – WM Services
UK – Trustees are often selecting managers at the top of their performance cycle, according to WM Performance Services.
-
Features
Freedom brings new restraints
Funds are navigating their way around a new risk management directive, writes Barbara Ottawa
-
News
Essex awards £1bn in mandates
UK – The £2.6bn (€3.8bn) Essex County Council Pension Fund has awarded a £1bn currency overlay mandate and a £150m unconstrained equity mandate.
-
News
Greek pension fund seeks day in court
GREECE – The Greek civil servants pension fund TEADY is seeking compensation through the courts from the broker which recommended the purchase of an overpriced bond.
-
News
Czech merger brings funds down to nine
CZECH REPUBLIC – Two Czech pension funds, Zemsky and CSOB Progres are to merge bringing further consolidation in the country's pension market.
-
News
Liechtenstein wants to join IOPS
LIECHTENSTEIN – The Financial Market Authority in Liechtenstein wants to become part of the International Organisation of Pension Supervisors (IOPS).
-
News
Greece bows to ILO pressure over bank benefits
GREECE – The Greek government has invited union leaders to a meeting on the issue of 13 dissolved supplementary pension schemes of Greek banks following a reprimand from the International Labour Organisation (ILO).
-
News
IPE-QUEST: Dutch fund in EM bond search
NETHERLANDS – A Dutch institutional investor is seeking a local emerging markets bond manager for a $100m (€73m) active mandate using IPE-QUEST (QN802).
-
News
Merseyside seeking all-in-one accounting system
UK – The £4bn (€6bn) Merseyside pension fund is looking to find an integrated accounting system which combines keeping track of the pension contributions inflow as well as the fund's investments.
-
News
Hewitt hires LDI expert from Aon
UK – Caroline Allensby-Green will join Hewitt after 10 years at rival Aon Consulting.
-
News
Equities boost for Siemens’ pension funds
EUROPE – Siemens, the German industrial giant undergoing management upheaval, has seen the deficit in its principal pension plans reduced to €2.9bn to €1.7bn over the last year due to strong equity markets.
-
News
New fund of hedge fund launches with $500m
EUROPE – New fund of hedge fund management group SilverStreet Capital has launched with a mandate of over $500m.
-
News
North Yorkshire chooses Mercer
UK – The £1.2bn (€1.8bn) North Yorkshire County Council pension fund has chosen Mercer as investment consultant.
