Investor Strategy – Page 175

  • News

    Co-operative fund on diversification streak

    2007-06-05T15:28:35Z

    [16:28 CEST 05/06] UK - The new £5.5bn career average Co-operative Group Pension Scheme is adjusting its equity/bond split in favour of diversification into currency, commodities and infrastructure.

  • News

    ‘Disappointing’ plans threaten private equity law

    2007-05-29T16:02:46Z

    [17:02 CEST 29/05] GERMANY – The German Private Equity and Venture Capital Association (BVK) has called a paper outlining the German ministry of Finance’s (BMF) stance on Germany’s new private equity law “a total disappointment”.

  • News

    DAX blue-chip sets up Pensionsfonds

    2007-05-29T12:07:21Z

    [13:07 CEST 29/05] GERMANY – Energy giant RWE has set up a Pensionsfonds within its contractual trust agreement (CTA).

  • News

    Two-thirds prepared to take lower salary - NAPF

    2007-05-29T10:20:11Z

    [11:00 CEST 29/05] UK - Three-quarters of staff think having a workplace pension is important and two-thirds of employees would take a lower paid job to get one, suggests research.

  • News

    ABP to triple its voting at AGMs

    2007-05-25T15:58:58Z

    [16:58 CEST 25/05] NETHERLANDS - The giant civil service scheme ABP will drastically increase its voting at shareholders meetings, as a further improvement of its corporate governance policy, officials have announced.

  • News

    F&C catches the fiduciary wave

    2007-05-24T14:39:52Z

    [15:49 CEST 24/05] NETHERLANDS – F&C Asset Management is planning to enter the popular Dutch fiduciary market later this year, having lost several Dutch pension fund mandates, IPE has learned.

  • News

    United Norwest seeks multi-asset returns via Barings

    2007-05-23T11:56:13Z

    [12:56 CEST 23/05] UK- The United Norwest Co-operatives Employees’ Pension Fund has handed Baring Asset Management a mandate to manage £23m through its Extended Risk Fund.

  • News

    Older people are choosing to work – HSBC

    2007-05-22T15:28:45Z

    [16:28 CEST 22/05] GLOBAL – More older people are choosing to work beyond the age of 60 because they continue to feel healthy and want to feel they have some value for society beyond retirement age, according to a global study conducted for HSBC.

  • News

    NBIM appoints real estate manager

    2007-05-22T15:28:30Z

    [16:27 CEST 22/05] NORWAY – Paul Golding is joining Norges Bank Investment Management (NBIM) to prepare what appears to be the bank's first foray into international real estate to invest assets of the NOK1.88trn (€230bn) Norwegian Government Pension Fund – Global.

  • News

    Flemish Brecht to create pension fund

    2007-05-22T12:00:24Z

    [13:00 CEST 22/05] BELGIUM – The Flemish municipality Brecht wants to set up a new pension fund, for which it has tendered a €2.6m (£1.8m) mandate.

  • News

    Institutional push for 130/30 returns

    2007-05-21T15:55:03Z

    [16:55 CEST 21/05] EUROPE – Institutional managers and investors are jumping further into 130/30 strategies to gain higher investment returns, according to Dutch Blue Sky Group, the manager of the KLM pension fund assets.

  • News

    Passive mandates set to grow - Universal

    2007-05-21T15:53:50Z

    [16:53 CEST 21/05] GERMANY – As pension funds find some active managers are not really outperforming the benchmark they will move to passive mandates, says Bernd Vorbeck, speaker of the board at Universal Investment.

  • News

    Aegon and UBS form UK buy-out team

    2007-05-21T15:53:36Z

    [16:53 CEST 21/05] UK – Swiss banking major UBS is the latest investment bank to weigh into the lucrative bulk annuity market in a new buy-out joint venture with Dutch insurer Aegon.

  • News

    Stats reveal fewer second-pillar pensions

    2007-05-21T09:51:08Z

    [10:51 CEST 21/05] GERMANY – Almost 20% fewer German employees signed a contract with a Pensionskasse in the first quarter of 2007 compared with last year.

  • News

    TFR changes give birth to three new funds

    2007-05-18T15:52:15Z

    [17:00 CEST 18/05] ITALY – Italians working in the craftsmen, transport and agricultural sectors now have industry-specific pension funds.

  • News

    Art has no taste on pension fund palettes

    2007-05-18T15:51:33Z

    [16:51 CEST] EUROPE - Investing in works of art is likely to remain outside the scope of pension funds’ interest for the foreseeable future despite recent attempts to increase awareness of the alternative asset class.

  • News

    Eureko sale latest blow for F&C

    2007-05-18T12:07:38Z

    [13:07 CEST 18/05] NETHERLANDS/UK – Dutch insurance giant Eureko is selling some of its shares in F&C Asset Management to finance a push into Central Europe and Turkey, the company has announced.

  • News

    IPE-QUEST: Norwegian insurer in real estate search

    2007-05-18T09:57:10Z

    [10:57 CEST 18/05] NORWAY – A Norwegian insurance company is looking for managers for a real estate portfolio in excess of $40m (€14.8m) using IPE-QUEST.

  • News

    M&A research still fails to reach target

    2007-05-17T16:06:59Z

    [17:06 CEST 17/05] EUROPE - A lack of investment research on mergers and acquisitions is hampering European pension funds’ ability to assess whether deals carry any risks on non-financial grounds, according to a study.

  • News

    Finland to widen IORP into DC

    2007-05-17T09:55:46Z

    [10:55 CEST 17/05] FINLAND – Finland is set to extend the implementation of the European pension fund directive (IORP) to cover defined contribution schemes, according to Matti Leppälä of the Finnish Pensions Alliance (TELA).