Investor Strategy – Page 148

  • News

    Shropshire to add second global bond portfolio

    2008-12-01T16:20:00Z

    [17:20 CET 01-12] UK – Shropshire County Council is seeking a fund manager to runs a second global bond portfolio for its £750m (€890m) pension fund.

  • News

    Pension pressure improves human rights at Sodexo

    2008-12-01T16:00:00Z

    [17:00 CET 01-12] SCANDINAVIA – Constructive dialogue by the Ethical Council of the Swedish AP-Funds has resulted in the service company Sodexo adopting a company-wide human rights policy, and has in turn led to it being re-instated as an investment option for the Norwegian life insurer Kommunal Landspensjonskasse (KLP).

  • News

    Watson Wyatt recommends funds stop lending

    2008-11-27T15:20:00Z

    [16:20 CET 27-11] UK – The Lehman Brothers' collapse and the subsequent turbulence has shown the risk/reward trade-off around securities lending may no longer be worthwhile for pension funds, Watson Wyatt has warned.

  • News

    Subjective life expectancy could ease financial pressure

    2008-11-26T15:55:00Z

    [16:55 CET 26-11] NETHERLANDS – Subjective life expectancy is driving the choice by individuals as to when to retire, according to a new study released by the Dutch pension regulator DNB.

  • News

    North Yorks awards ING global property mandate

    2008-11-26T15:55:00Z

    [16:55 CET 26-11] UK – North Yorkshire County Council has agreed to appoint ING Real Estate as global property manager for its £1.07bn (€1.26bn) local government pension fund.

  • News

    Pension funds could be key to Iceland rescue – IMF

    2008-11-26T15:40:00Z

    [16:40 CET 26-11] ICELAND – The International Monetary Fund (IMF) has published a report suggesting Icelandic pension funds could be a key component in rescuing its domestic economy if they were to purchase local government bonds.

  • News

    Pensionskassen growth remains slow

    2008-11-24T15:50:00Z

    [16:50 CET 24-11] GERMANY – A German government report on pensions has revealed there has been little growth, for the third year in a row, in the membership of Pensionskasse as share of employees with occupational pension accounts stood at 52% last year and is likely to stay at that ...

  • News

    Nottingham signs Barnett Waddingham

    2008-11-24T15:40:00Z

    [16: 40 CET 24-11] UK – Nottingham County Council has appointed Barnett Waddingham to take over responsibility for actuarial services from Mercer Consulting.

  • News

    Customers want equities in their pension - Danica

    2008-11-24T15:25:00Z

    [16:25 CET 24-11] DENMARK – Danish pension policyholders are choosing to use retirement savings plans with a high holding in equities, despite the current economic climate, suggest figures from Danica Pension.

  • News

    Credit crunch demands practical thinking – Jeurissen

    2008-11-21T10:50:00Z

    [11:50 CET 21-11] NETHERLANDS – Pension funds need to respond with practical policy adjustments to the current credit crisis, according to Theo Jeurissen, chief investment officer of the €33bn Dutch metal pension fund PMT.

  • News

    Costs could drive more pension mergers - Rohde

    2008-11-21T10:45:00Z

    [11:45 CET 21-11] DENMARK - Growing pressure on pension funds to take advantage of economies of scale, particularly in the current financial climate, could lead to the end of smaller company pension funds, the chief executive of ATP has predicted.

  • Complex products need transparency to survive
    News

    Complex products need transparency to survive

    2008-11-21T10:35:00Z

    [11:35 CET 21-11] EUROPE - The credit crisis will not signal the end of complex products but there will be a reversion by some investors to "dull and boring products", delegates at the IPE awards have been told.

  • Call for pension sea change
    News

    Call for pension sea change

    2008-11-21T10:30:00Z

    [11:30 CET 21-11] EUROPE - Pension funds, asset managers and consultants need to completely change the way they are working together to ensure the future of pension provision but not through new outside regulation, Amin Rajan, CEO of Create-Research, told delegates at the IPE seminar in Barcelona yesterday.

  • Returns drive Turkish demand for fixed income
    News

    Returns drive Turkish demand for fixed income

    2008-11-21T10:15:00Z

    TURKEY - The global finance crisis is encouraging Turkish pension savers to transfer their assets to fixed income pension funds, according to Meral Egemen, general manager of AvivaSA, the €631m joint venture between Aviva Plc and Turkey’s Sabanci group.

  • News

    Infrastructure needs investment - Boender

    2008-11-21T10:00:00Z

    [11:00 CET 21-11] NETHERLANDS – Guus Boender, and asset liability management professor and partner of ORTEC in Rotterdam, is calling on pension funds to look beyond 'financial titles and invest in logistical and social infrastructure of countries.

  • News

    Longevity risk is the 'main issue' for pension funds

    2008-11-21T09:45:00Z

    [10:45 CET 21-11] EUROPE - Pension funds' "exposure to longevity risk" is still the main liability issue facing pension funds today, Professor David Blake, director of the Pensions Institute at Cass Business School, has warned.

  • Managers urge funds 'ask questions'
    News

    Managers urge funds 'ask questions'

    2008-11-20T15:10:00Z

    [16:10 CET 20-11] IPE SEMINAR – Asset managers say pension funds should ask a lot of questions on managers’ approaches and general market assumptions in times of crisis, in order to make the right investment decision.

  • News

    Dutch given option to delay state pension

    2008-11-20T11:30:00Z

    [12:30 CET 20-11] NETHERLANDS - Dutch citizens will be given the opportunity to delay receiving their state pension AOW for up to five years, in return for a higher benefit payout.

  • News

    Diversification impact 'has decreased' - Verhaegen

    2008-11-20T11:00:00Z

    [12:00 CET 20-11] EUROPE - The global economic crisis has led to a decreased effectiveness of portfolio diversification for pension funds, according to Chris Verhaegen, secretary general for the European Federation Retirement Provision (EFRP).

  • News

    Neyt warns pension funds 'plan for the worst'

    2008-11-20T10:30:00Z

    [11:30 CET 20-11] EUROPE - Pension funds may be experiencing fewer liquidity problems than other institutions but they must plan ahead in case market conditions worsen, suggests Philip Neyt, chairman of the Belgian Association of Pension Funds and vice president of Public Affairs and Mergers and Acquisitions for Belgacom Group.