All articles by Fennell Betson – Page 35

  • Features

    Colossus of public pension finances

    May 1997 (Magazine)

    French giant CDC looks after the retirement arrangements of over 5m public sector workers. Fennell Betson meets the man in charge

  • Features

    Europe: Finding common ground

    May 1997 (Magazine)

    Common trust funds (CTFs) are being used more and more by multinationals operating in Europe who want to bring their pensions assets together in one vehicle. They are offered mainly by US banks and often go by the name of ‘bank common trust funds’. State Street in the US is ...

  • Features

    Funds head for their glorious future

    May 1997 (Magazine)

    Pooled funds are no longer seen as the poor relation, says Fennell Betson

  • Features

    Hermes descends from the heights

    April 1997 (Magazine)

    Alastair Ross Goobey explains how the UK’s biggest pension fund will grow its investment services on the back of the defined contribution market. Fennell Betson reportsHermes is on the cusp of a momentous next stage in its development. As the UK’s largest pension fund, it is about to take the ...

  • Features

    Luxembourg to launch 'European pension fund'

    April 1997 (Magazine)

    The wraps were taken off the European pension fund made in Luxembourg last month by Lucien Thiel of the Luxembourg Bankers’ Association.The fund would be designed for European companies that want to have “a single pension scheme with common rules for all their employees in different EMU member states” said ...

  • Features

    Australia: Correction fears keep eyes on US markets

    March 1997 (Magazine)

    The recent run of the Australian equity market has pensions managers there guessing as much as outsiders. John Cann national manager remuneration and superannuation at Ansett Australia, based in Sydney, says: We don’t anticipate the Australian market is going to continue to be as strong as it has been in ...

  • Features

    BMW puts car at the core

    March 1997 (Magazine)

    BMW (GB), UK subsidiary of the giant German carmaker, took a novel aproach to restructuring its employee benefit programme, making full use of the company’s renowned product. There was a time when every employee in the company could be placed by the model of car they drove. Thanks to BMW’s ...

  • Features

    System comes under strain

    March 1997 (Magazine)

    A number of reports over the past year have lifted the lid off the simmering pot of pensions discontent within corporate Japan. The picture is one of a system in deep crisis and widespread fears that things will get worse. Late last year 71 corporate pensions plans issued a report ...

  • Features

    Stormy waters ahead

    February 1997 (Magazine)

    The rule of modern life that the big get bigger is certainly being borne out in the field of the international consultants. No sooner has Watson Wyatt created its mega-firm, than Aon moves to absorb Alexander & Alexander, which will have international ramifications, and Mellon to acquire Buck Consultants. The ...

  • Features

    The king of the cash mountain

    February 1997 (Magazine)

    Siemens feel they have reached the end of the line with the book reserve system. Herbert Lohneiss tells Fennell Betson why he is not satisfied. At Siemens, they reckon they have gone as far as they can to funding the group’s enormous pensions provisions under the book reserve system. But ...

  • Features

    USA: Looking to the long term come what may

    February 1997 (Magazine)

    If you were a US pension manager faced with the rise and rise of the US market, what would your domestic equity strategy be? Three plan sponsors have come up with responses that are surprisingly uniform despite their contrasting styles. The giant $105bn CALPERS has 80% of its $43bn US ...

  • Features

    International competition puts focus on pension costs

    February 1997 (Magazine)

    Global competition made maximising long-term investment returns on pensions assets a key priority for multinational employers, according to Gert van Bezooyen, head of corporate pensions at Philips International in Eindhoven. “Excellent performance is what we are looking for as we approach the 21st century, taking into account the global competitive ...

  • Features

    Moving on to a wider stage

    February 1997 (Magazine)

    The success of foreign fund managers in last year’s Belgacom outsourcing may force the locals to look to their laurels, writes Fennell Betson