All articles by Barbara Ottawa – Page 79

  • News

    German investors cut pension savings

    2008-10-10T15:50:00Z

    [16:50 CEST 10-10] GERMANY - German investors are wary of putting money aside for their retirement in the current economic climate, a new survey suggests.

  • News

    Credit interesting again, managers agree

    2008-10-09T16:05:00Z

    [17:05 CEST 09-10] GLOBAL – With priced-in defaults being at a record high the time has come to invest in credit products, fixed income managers has suggested.

  • News

    Aegon loses more clients

    2008-10-07T15:45:00Z

    POLAND – Aegon’s Polish pension fund is once again among the funds to lose the most money in the so-called transfer session, even though its performance beat the market in August.

  • News

    Analyst sees return to simple assets

    2008-10-06T16:10:00Z

    [17:10 CEST 06-10] EUROPE – Complicated structured products will not survive the current crisis, predicts Peter Brezinschek, chief analyst of the Austrian Raiffeisen Zentralbank (RZB).

  • News

    ÖPAG and university create ALM tool

    2008-10-03T14:45:00Z

    [15:45 CEST 03-10] AUSTRIA – The multi-employer pension fund ÖPAG and the University of Vienna have developed an ALM tool to help the fund simulate future developments around their assets and liabilities.

  • News

    Rümmeli convicted over Swiss kickbacks

    2008-10-02T15:10:00Z

    [16:10 CEST 02-10] SWITZERLAND – Roland Rümmeli, the former asset manager of the Siemens Pensionskasse, has been convicted by the Swiss authorities after confessing to being involved in the payment of 'kickbacks' concerning the Swissfirst merger.

  • News

    Ziegelbecker goes federal

    2008-10-01T10:00:00Z

    [11:00 CEST 01-10] AUSTRIA – Johannes Ziegelbecker, head of the Austrian multi-employer pension fund ÖPAG, will manage the federal Pensionskasse for civil servants (BPK) from today.

  • News

    Capital guarantee hinders pensions – analyst

    2008-09-30T15:30:00Z

    [16:30 CEST 30-09] EUROPE – Institutional investors in Europe are hindered by guarantees to grow returns and in their ability help stabilise capital markets, according to Peter Brezinschek, chief analyst of Raiffeisen Zentralbank (RZB).

  • Union content with its slice of pensions performance
    News

    Union content with its slice of pensions performance

    2008-09-29T15:15:00Z

    [16:15 CEST 29-09] GERMANY – The union for the food industry said it is content with last year’s performance of its pension fund when compared with others in the market.

  • Swiss funds can cope with the crisis – Complementa
    News

    Swiss funds can cope with the crisis – Complementa

    2008-09-26T16:10:00Z

    [17:10 CEST 26-09] SWITZERLAND – The current financial crisis has thrown many Swiss Pensionskassen back under the fully-funded mark but Michael Brandenberger, CEO of consultancy Complementa, has claimed most funds are in a good position to weather the storm.

  • News

    Boutiques might profit from crash – Böhm

    2008-09-25T16:15:00Z

    [17:15 CEST 25-09] AUSTRIA/GLOBAL – Asset management boutiques might profit from the collapse of large asset management companies in current market conditions as good managers will be in need of new jobs, according to Christian Böhm, head of Austrian Pensionskasse APK.

  • News

    New tax might reduce long-term fund saving – BVI

    2008-09-24T15:15:00Z

    [16:15 CEST 24-09] GERMANY – Long-term investors in funds must be exempt from the new CGT to be introduced in Germany from next year, the federal association of investment and asset management BVI has warned.

  • News

    ÖPAG loses head

    2008-09-23T15:00:00Z

    [16:00 CEST 23-09] AUSTRIA – Johannes Ziegelbecker, who has run the Austrian multi-employer Pensionskasse ÖPAG since its launch in 1990, has resigned from his position as CEO.

  • News

    Minimum return rate to be slashed

    2008-09-22T15:45:00Z

    [16:45 CEST 22-09] SWITZERLAND – Next year’s minimum return rate required from Pensionskassen might be up to 1 percentage point lower than the current rate, at the same time as Switzerland is widening the use of the "prudent person principle".

  • News

    Structured products least of worries – PK head

    2008-09-19T13:30:00Z

    [14:30 CEST 19-08] SWITZERLAND – The Pensionskasse of the Swiss city of Luzern might be facing losses because it held structured products with the now insolvent Lehman Brothers, but the fund’s head, Konrad Wüest, told IPE this was not the main problem at the moment.

  • News

    150,000 to join BPK

    2008-09-18T16:10:00Z

    [17:10 CEST 18-09] AUSTRIA – Civil servants born after 1954 will be joining the existing Bundespensionskasse BPK, government and unions agreed yesterday.

  • News

    Polsat sale 'likely' - source

    2008-09-17T14:30:00Z

    POLAND – The smallest pension fund in the Polish market, Polsat OFE, is "likely to be sold”, IPE has learnt.

  • News

    ÖPAG halts cross-border plans

    2008-09-16T14:45:00Z

    [15:45 CEST 16-09] AUSTRIA – Differences in labour and social laws across Europe are slowing down Austrian Pensionskasse ÖPAG's plans to go cross-border, IPE has learnt.

  • News

    Profond goes international

    2008-09-15T15:00:00Z

    [16:00 CEST 15-09] LIECHTENSTEIN – Swiss retirement service provider B+B, which runs the Profond Pensionskasse, has set up a subsidiary in Liechtenstein in a bid to target international clients.

  • Jürg Maurer leaves Rieter fund
    News

    Jürg Maurer leaves Rieter fund

    2008-09-12T16:10:00Z

    [17:10 CEST 12-09] SWITZERLAND – The pension fund of Swiss textile company Rieter is losing its portfolio manager Jürg Maurer as he is leaving to set up his own asset management business.