All articles by David White – Page 21
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News
ING names Nijssen to run global pensions strategy
NETHERLANDS - Dutch bancassurer ING has appointed Jan Nijssen to the new post of global head of pensions.
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News
DeAM plans new activist shareholder stance
GERMANY - Deutsche Asset Management says it plans to take an activist approach to the running of companies in which it owns significant holdings.
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News
Alecta faces new accounts rules underfunding challenge
SWEDEN - Alecta, the largest manager of occupational pension assets in the Nordic region, could become underfunded when new national accounting rules are introduced next year.
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News
BGI the leading manager of S&P indexed assets
US - As at the end of 2002, Barclays Global Investors was the leading manager of S&P indexed assets, Standard & Poor’s says.
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News
EC slams Clearstream for discrimination against Euroclear
EUROPE - In an unprecedented move, the European Commission has sharply criticised the behaviour of Clearstream, the international clearing and settlement depository (ICSD) owned by Deutsche Börse for refusing to supply cross-border services to its clients and discriminating against its direct competitor, Euroclear.
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News
AP3 says option accounting proposals are too complex
SWEDEN - The Third Swedish National Pension Fund (AP3), one of four buffer funds in the public Swedish pension system, has criticised the proposed international accounting standard for stock options as “too complex” and the disclosure requirements as “too extensive”.
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Features
Time to stand on our own legs
Quis custodes custodiet – who guards the guards? This month’s Off the Record looks at the power and influence of credit rating agencies and – in passing – investment analysts. Has their power increased, is increasing and ought to be diminished? The power of rating agencies was illustrated dramatically recently ...
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Features
Time to widen fixed income horizons
Why invest in global bonds? One simple answer would be because they make money in times when it is hard to make money. Government bonds, traditionally the heart of any global bond portfolio, have been one of the few asset classes other than gold and real estate to appreciate in ...
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Features
Putting DC in its place
Iceland has put ‘pure’ DC plans in what it considers to be their place – the third pillar. The government introduced legislation to allow optional personal pensions schemes with individual accounts as part of its Pension Reform Act 1997. The aim was to give further encouragement to private pension provision. ...
