All articles by Hugh Wheelan – Page 23
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News
Rate cuts fail to ignite equity marts, says FTSE
Interest rate cuts from the world's central banks failed to bolster global equity markets in August, according to figures compiled by FTSE....
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News
InvestorForce shuts down its European operations
EUROPE – InvestorForce, the online manager selection platform, has closed its London-based European operation and made the entire staff redundant, in a bid to focus on its domestic US market, citing the downturn in capital for internet projects in Europe.....
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News
Baring produces 'plain English' trustee guide
UK – Baring Asset Management (BAM) has put together a guide on investment management for pension trustees that seeks to cut through the jargon of the asset management world....
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News
Swedish multinationals club together for DC plan
SWEDEN - A group of multinational firms in Sweden is clubbing together under a collective defined contribution (DC) pension plan in a bid to bundle administration and asset management and to eliminate brokerage commissions....
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News
AstraZeneca creates SEK2.2bn Swedish pension fund
SWEDEN – The Swedish arm of pharmaceutical multinational AstraZeneca is to transfer around SEK2.2bn (e232m) from its balance sheet into a pension foundation, which could be outsourced to external managers as early as the beginning of next year.....
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News
Carsberg becomes new UK pensions ombudsman
UK – The UK government has announced the replacement of pensions ombudsman Julian Farrand with the appointment of Sir Bryan Carsberg as chairman of the Pensions Compensation Board (PCB) from September 1....
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News
Morley makes new corporate research hires
UK - Morley Fund Management has made two new appointments to its London-based corporate research team...
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News
JPMorgan launches automated cash sweep service
EUROPE - JPMorgan Treasury Services has launched a new automated investment sweep service to its range of Luxembourg money market funds aimed at corporate and institutional clients wishing to invest surplus cash....
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Features
Time for calm reflection
The summer recess couldn’t have come at a better time for the prospects of the European supplementary pensions directive. If the mid-year break allows time for European parliamentarians, commissioners and politicians to reflect on the events of the year so far and ponder those to come, then they’ve had plenty ...
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Features
'Taking to the streets' brinkmanship
It’s been business ‘comme d’habitude’ in France over the last 12 months – very little in tangible changes in the creaking French retirement system and protests in the street at the slightest mention of tinkering with the status quo. At the beginning of the year, French employer associations led by ...