Investor Strategy – Page 155

  • News

    Dutch funds see equities fall €32bn

    2008-06-25T15:30:00Z

    [16:30 CEST 25-06] NETHERLANDS – Dutch pension funds saw the value of their equity portfolios drop by another 6% in the first quarter of 2008 because of continued unrest on the financial markets, the Dutch central bank DNB said today.

  • Norway consults on ethical pension guidelines
    News

    Norway consults on ethical pension guidelines

    2008-06-23T16:05:00Z

    [17:05 CEST 23-06] NORWAY – The Norwegian Ministry of Finance has issued a public consultation on the evaluation of ethical guidelines for the Government Pension Fund – Global, which highlights potential changes such as introducing a 'cut-off' point for active ownership discussions.

  • News

    Unions call for full buyout review

    2008-06-20T14:50:00Z

    [15:50 CEST 20-06] UK – A full review of the pension buyout market is needed to avoid putting pension schemes at risk from asset-stripping business models that seek to avoid regulation, the Trades Union Congress (TUC) has warned.

  • News

    Euro-equities hit popularity low with institutions

    2008-06-19T15:35:00Z

    [16:35 CEST 19-06] GLOBAL – Stagflation fears are driving institutional investors out of equities and bonds into cash, as fund mangers globally have their most negative stance towards equities in a decade, according to investment bank Merrill Lynch.

  • News

    Industriens eyes consolidation of small pension schemes

    2008-06-18T14:10:00Z

    [15:10 CEST 18-06] DENMARK - Two of Denmark’s smaller pension funds are considering merging with the much larger Industriens Pension, in a deal which could boost Industrien’s assets by 13%.

  • News

    Funds critical of non-cap-weighted indices

    2008-06-17T15:30:00Z

    [16:30 CEST 17-06] EUROPE – A panel of institutional investors have expressed its doubt about the added value of non-cap-weighted indices such as fundamental indices.

  • News

    Pension communication needs interactive kick

    2008-06-16T16:00:00Z

    [17:00 CEST 16-06] NETHERLANDS – Pension funds need to transform the way they communicate with their members by appealing to the social DNA today’s fifty-somethings and the ever expanding computer game generation demanding interactivity.

  • News

    Rights issue protagonist quits UBS

    2008-06-16T15:50:00Z

    [16:50 CEST 16-06] SWITZERLAND – Swiss pension fund Profond has sold its shares in Swiss bank UBS citing “mistrust” in the new management, just months after arguing smaller shareholders should be allowed to invest in the firm.

  • News

    Merseyside tenders European equities mandate

    2008-06-16T15:20:00Z

    [16:20 CEST 16-06] UK – The £4.3bn (€5.5bn) Merseyside Pension Scheme is seeking an European equity manager to run a portfolio valued at approximately £135m.

  • News

    Survey reveals 'unimaginative' ETF use

    2008-06-12T16:10:00Z

    [17:10 CEST 12-06] EUROPE – Exchange Traded Funds (ETFs) are not successfully customised, while advance features are underused, a survey of over 100 institutional investors has found.

  • News

    Hertfordshire extends global equity portfolio

    2008-06-12T13:00:00Z

    [14:00 CEST 12-06] UK – Hertfordshire County Council pension fund has appointed three new global equity investment managers on a £9.4m (€11.9m) contract, which includes a replacement for Capital International.

  • News

    Pensioner income increased by £10 in 2006/07

    2008-06-12T10:00:00Z

    [11:00 CEST 12-06] UK – Over 50% of pensioners received an average income of £156 a week from occupational pension schemes in 2006/07 - a rise of just £10 a week on the previous year, according to UK government figures.

  • News

    Norway warns US regs could deter foreign investors

    2008-06-11T14:00:00Z

    [15:00 CEST 11-06] NORWAY – The Norwegian Ministry of Finance has warned the US that proposed regulations on foreign investment could have the "side-effect of deterring foreigners from investing in the US".

  • Analysis: The LDI analogy of pensions and airlines
    Analysis

    Analysis: The LDI analogy of pensions and airlines

    2008-06-11T12:00:00Z

    [13:00 CEST 11-06] EUROPE - The move to liability-driven investment strategies has been a hot topic over the last two years. But discussion with consultants has revealed pension funds are still not adopting the strategy’s full process, even though the break-even rate on 40-year inflation has now hit a new ...

  • Baerum seeks help establishing new pension fund
    News

    Baerum seeks help establishing new pension fund

    2008-06-09T15:45:00Z

    [16:45 CEST 09-06] NORWAY – The Norwegian municipality of Baerum is seeking consultancy services to help in the establishment of a pension fund.

  • Teeside offers £1.75m direct property mandate
    News

    Teeside offers £1.75m direct property mandate

    2008-06-06T14:45:00Z

    [15:45 CEST 06-06] UK – Middlesbrough Borough Council has issued a tender for a manager to take responsibility for the direct property portfolio of its local government pension scheme.

  • News

    Aegon to roll out pension asset pooling in autumn

    2008-06-05T15:45:00Z

    [16:35 CEST 05-06] NETHERLANDS – Aegon is planning to launch a pension asset pooling platform in autumn which is is being developed with Citigroup and TKP Investments andis specifically targeted at multinational companies, IPE has learnt.

  • News

    Delta Lloyd to outsource German fund administration

    2008-06-05T13:00:00Z

    [14:00 CEST 05-06] GERMANY – Kas Bank, the Dutch securities bank, today announced it has entered into discussions on an exclusive basis with Delta Lloyd Deutschland AG to take over fund administration activities in Germany.

  • News

    Regulatory compliance 'challenge' for UK and Netherlands

    2008-06-04T15:15:00Z

    [16:15 CEST 04-06] GLOBAL – Around 45% of pension funds find it challenging to comply with pension regulation following increased complexity in governance requirements, according to SEI Global Institutional Solutions.

  • News

    Greek occupational fund selects manager

    2008-06-03T16:00:00Z

    [17:00 CEST 03-06] GREECE – Alpha Trust Mutual Funds Company has been appointed by the Economic Chamber of Greece pension fund, one of Greece’s four occupational pension funds, to look after a balanced managed mandate of behalf of its members.