All articles by Dickon Reid
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Features
A punt on paint
If you’re looking for an example of a sector pension funds should avoid, first impressions suggest fine art is hard to beat. Prices are difficult to predict, pieces can take ages to sell and trading costs and insurance are high. Annual dividends are non-existent, periods move in and out of ...
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Features
Taking a shine to gold
A liquid asset with low correlation with equities and fixed income and negative correlation with the dollar should be relatively easy to sell. Yet funds have shown an almost complete aversion to gold. A raft of new investment products and a sustained educational campaign by the World Gold Council (WGC), ...
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Features
Art for investment's sake
Any dealer will give prospective investors the same advice – spend as much as you can afford, buy the very best work available and be prepared to hold on to it for 10 years. This mantra is central to the ethos of Philip Hoffman’s new Fine Art Fund. Hoffman, a ...
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Features
Expectations management
There’s nothing wrong with pension funds per se, according to EFRP chairman Alan Pickering, rather it’s our outdated expectations of what they ought to deliver. Falling markets, increasing longevity, lower birth rates and annuity level have done no more than show the unsustainability of retirement levels. “People around the world ...
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Features
Danner win helps tax cause
The European Court of Justice has delivered a judgement in favour of Rolf Dieter Danner in a move that confirms elements of Finnish tax legislation contravene EU legislation. As expected, the judgement follows the March opinion of the advocate general and the outcome is likely to boost other tax discrimination ...
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News
Solutia appoints Frank Russell to run entire fund
UK - The Trustees of the Solutia UK pension scheme have appointed Frank Russell Company as the sole investment manager for its £35m( e55.4m) pension scheme. The global equity and fixed income assets will be spread across Russell’s full range of multi-manager funds.
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News
Danske Capital receives GIPS compliance
DENMARK - Danske Capital, the asset management arm of Danske Bank, has announced it has received compliance with the Global Investment Performance Standards (GIPS).
