Latest from IPE Magazine – Page 218
-
Features
Italy's pensions reform: No more tinkering
Only four years since the last pensions reform, the Italian government is once again discussing further changes to the system.
-
Features
Pensions Accounting: Appeal of a lesser evil
The International Accounting Standards Board has agreed to investigate a last-ditch attempt to address the challenge of hybrid-risk plans. Stephen Bouvier explores the issues
-
Special Report
Interview: Keith Ambachtsheer
Liam Kennedy in conversation with Keith Ambachtsheer. His latest book, The Future of Pension Management, was published earlier this year
-
Special Report
Regulation: Scrutiny pushing up costs
The securities services industry is finally experiencing a respite from a decade-long regulatory onslaught which has increased costs for all participants
-
Special Report
Risk Parity Performance: Looking to reduce leverage
Risk parity strategies fared poorly in 2015 owing to commodities exposure, finds Charlotte Moore. This year some managers are reducing leverage, which could affect returns
-
Asset Class Reports
US Equities: Beating the S&P
Fund managers might do better to focus on generating excess return in credit markets than selecting outperforming stocks
-
Features
Risk Management: Clear and ever present
Alastair Sewell outlines how the insidious nature of liquidity risk affects investment strategies
-
Country Report
Pensions In Italy: An alternative approach
Despite shifting and ambiguous regulation, a growing number of pension funds are increasing diversification by making larger allocations to alternative asset classes, writes Silvio Bencini
-
FeaturesHow we run our money: AP2
Tomas Franzén, chief investment strategist of AP2, the second Swedish buffer fund, explains the fund’s approach to long-term investment
-
Special Report
Settlement: A pan-European platform
Anthony Harrington looks at the introduction of the Europe-wide Target-2 Securities settlement engine for securities transactions
-
Asset Class Reports
US Equities: Healthcare - A healthy prognosis
Recent developments in market structures and biotechnology augur well for the recovery of ailing US healthcare stocks
-
Features
ESG meets credit
Susanna Rust reports on a new joint initiative involving fixed income investors and credit rating agencies
-
Country Report
Pensions In Italy: Saving the banking system
Italian pension funds are evaluating investment in Fondo Atlante, the banking sector rescue fund. But there are potentially more attractive alternatives, writes Maria Teresa Cometto
-
Special Report
Asset Allocation: Matters of perspective
There is still a role for risk parity strategies, finds Emma Cusworth, provided pension funds take a long-term view
-
Special Report
Securities lending squeezed
Anthony Harrington discusses the effects of the Basel III capital adequacy regulations on the securities lending business
-
Special Report
ATP: Rebalancing the risk diet
Denmark’s supplementary labour market pension fund has revamped the risk-based investment strategy it applies to its investment portfolio
-
Asset Class Reports
US Equities: Tech gorillas prevail
The big five tech companies look likely to offer some good returns at least for the next decade or two. But deciding when to buy them might not be so easy
-
Country Report
Casse di Previdenza: First pillar left out to dry
The proposed new asset allocation framework for Italy’s first-pillar funds contains several controversial measures
-
Interviews
Strategically speaking: Aviva Investors
At Standard Life Investments, Euan Munro broke the mould in two ways as the founder of the Global Absolute Return Strategy (GARS) fund
-
Special Report
Interview: Edward Qian
Christopher O’Dea speaks to Edward Qian, the man who coined the term risk parity and who says it should be adopted at plan level
