Investor Strategy – Page 163
-
News
8 out of 10 managers fail to add value
[15:00 CEST 20-05] NORDIC/EUROPE - Asset managers working for pension funds do not “add value” to propositions around 80% of the time, according to Watson Wyatt.
-
News
"Pure alpha" is worth paying for - AP2
[13:30 CEST 20-05] NORDIC/EUROPE - Pension funds should be willing to pay more for "pure alpha" but should stay away from private equity unless they have the necessary expertise on due diligence, AP2 officials have warned.
-
NewsLeicestershire to move out of gilts
[16:30 CEST 19-05] UK – Leicestershire County Council’s pension fund management board is following the recommendation of its investment consultant and increasing its total returns strategy by moving out of government bonds.
-
News
AP7 switches to hedge fund replication
[12:45 CEST 19-05] SWEDEN - AP7, one of the default funds in the Swedish Premium Pension Authority (PPM), has confirmed it is switching from fund of hedge funds to hedge fund replication strategies in the next quarter.
-
NewsBank of Finland scheme appoints SSGA
[16:30 CEST 16-05] FINLAND – The €460m pension fund for Suomen Pankki, the Bank of Finland, has awarded a number of asset management mandates relating to real estate and equities.
-
NewsFinnish VER to boost alternatives
[16:10 CEST 16-05] FINLAND – Valtion Eläkerahasto (VER), the €11.53bn Finnish first pillar pension scheme, is planning to increase its exposure to alternative investments to 10%.
-
News
Watson Wyatt calls on pension funds to review focus
[14:00 CEST 15-05] GLOBAL - Pension funds should reduce their external investment management costs by 10 basis points and use this saving to increase their internal resources, consulting firm Watson Wyatt has suggested.
-
NewsCardiff seeks specialist currency manager
[11:30 CEST 15-05] UK – Cardiff County Council is seeking a manager for a specialist currency portfolio for the Cardiff & Vale of Glamorgan Pension Fund.
-
News
Iceland falling behind on SRI issues
[12:00 CEST 14-05] SCANDINAVIA – Norway and Sweden are leading countries in the implementation of socially responsible investment (SRI), however Finland, Denmark and particularly Iceland are all "lagging behind", experts have claimed.
-
News
Dutch funds brave elements despite buffer boost (amended)
[16:15 CEST 13-05] NETHERLANDS – Despite their recovering financial buffers, Dutch pension funds have started venturing into direct gold investments, according to investment consultant Mercer.
-
News
Hewitt Wassum attacks AP fund limits
[12:00 CEST 13-05] SWEDEN - Hewitt Wassum Investment Partners, the Stockholm-based investment consultant, has criticised the investment restrictions imposed in the country’s AP pension-buffer funds, as creating unwanted and irrational investment decisions.
-
News
GTAA and FoHFs see increased European focus
[16:20 CEST 12-05] EUROPE – European pension funds increased their interest in alternative investment strategies such as fund of hedge funds (FoHFs) and global tactical asset allocation (GTAA) in 2007, according to a study conducted by consulting firm Mercer.
-
News
Credit crunch boosts buyout market
[15:00 CEST 12-05] UK – The pensions buyout market reached £2.2bn (€2.77bn) in the first quarter of 2008, driven by a reduction in price resulting from increased competition and the effects of the credit crunch, Aon Consulting has revealed.
-
News
AP6 acquires 25% share of Swedish fashion house
[16:00 CEST 08-05] SWEDEN - Sjätte AP-fonden (AP6), the Swedish pension buffer fund, has entered into a "long-term partnership" with Atlas Design, to make it Europe's "leading fashion house for accessories".
-
News
Denmark to publish CSR action plan
[16:30 CEST 07-05] DENMARK - The Danish government is to publish an action plan which will outline how to meet the growing “expectations and challenges” of corporate social responsibility (CSR) in mid-May.
-
News
PensionDanmark reviews its asset allocation
[16:00 CEST 07-05] DENMARK - PensionDanmark, the €10bn pension fund, will change its asset allocation over the coming months and reduce in its allocation to fixed income and diversifying assets.
-
News
Insurers see Austrians take pensions risks
[15:30 CEST 07-05] AUSTRIA – Traditional life insurance sales are on the decline while insurance-based pensions investment fund solutions are growing fast, the Austrian federation of insurers (VVÖ) said.
-
News
Paint and print fund goes fiduciary
[15:30 CEST 06-02] NETHERLANDS/UK – The €125m Dutch pension fund for workers in the paint and printing industries (SBVD) has promoted its balanced mandate manager to the status of fiduciary manager.
-
News
Credit crunch shifts Icelandic pensions strategy
[15:00 CEST 06-02] ICELAND - The effects of the credit crunch on the Icelandic economy has forced pension funds to abandon long-term strategy and think 'tactically', the Engineers Pension Fund has claimed.
-
News
Canada Life extends protection to standard annuities
[11:30 CEST 06-05] UK – Canada Life is now offering annuity protection across all of its conventional annuity products, not just enhanced annuities, which would provide dependents a lump-sum payment if the policyholder dies before they are 75.
