All articles by Liam Kennedy – Page 21
-
Features
Fiduciary expands in UK
Towers Watson received important backing in October for its implemented consulting offering following its appointment to an expanded ‘delegated CIO’ brief by the £3bn (€3.5bn) UK Merchant Navy Officers’ Pension Fund (MNOPF). Terminology aside, this is a fiduciary management agreement and as such is the largest in the UK to ...
-
News
Editor's choice: How Hugo Lasat at Amonis runs his money
Liam Kennedy asked Hugo Lasat, CEO of Belgium’s Amonis, about the challenge of running a pension fund after a career in asset management and private banking
-
News
Trickett to leave Towers Watson
UK – Towers Watson has informed staff and clients of the departure of its EMEA head of investment consulting, Paul Trickett.
-
News
MNOPF reappoints Towers Watson as delegated CIO, seeks new adviser
UK – The £3bn (€3.5bn) Merchant Navy Officers’ Pension Fund (MNOPF) has re-appointed Towers Watson as its delegated CIO and is finalising an RFP for the appointment of an ongoing adviser.
-
Features
Challenging beginnings
Liam Kennedy asked Hugo Lasat, CEO of Belgium’s Amonis, about the challenge of running a pension fund after a career in asset management and private banking
-
Features
Netherlands: Towards constitutional rights
Two major reports on pensions set a challenge for the incoming Dutch government, writes Liam Kennedy
-
Special Report
Fiduciary/Delegation: Your faithful friend?
Liam Kennedy assesses the European market for fiduciary management. Where the earliest fiduciary contracts outsourced almost the entire value chain of pension management, more recent agreements centre on different levels of delegation, and managers are having to learn new tricks
-
Interviews
Munsters targets pension market
Robeco is boosting its efforts to cater to the Dutch pensions industry. This is not a huge surprise, considering the fact that CEO Roderick Munsters joined the asset manager from pension giant APG, Mariska van der Westen and Liam Kennedy write
-
News
BlackRock's O'Brien steps down, leaves investment management
GLOBAL – Mike O’Brien, head of EMEA institutional business at BlackRock, is to leave the company.
-
Features
Pension Fund Horeca & Catering: Rare species
Liam Kennedy spoke with Ernst Hagen (pictured), head of asset management at Pension Fund Horeca & Catering (PH&C), which covers the Dutch hospitality sector
-
Features
Cautious optimism in first GPS study
The first Global Pensions Survey (GPS) got off to a good start in February in the first phase of its launch, with a total of 78 European pension fund respondents from 16 countries in the initial round.
-
News
ADIA returns average 8% over 30 years
GLOBAL – The investment returns of the Abu Dhabi Investment Authority (ADIA) amounted to 8% annualised in dollar terms over the 30 years to end-December 2009, and 6.5% over 20 years. This is according to the authority’s first annual report since its inception in its present form in 1976.
-
News
Mn Services implements client improvement plan
[15:30 CET 01-03] NETHERLANDS - Mn Services, the €56bn fiduciary manager owned by the PME and PMT pension funds in the Netherlands, is finalising a strategy to improve its overall service to clients and will introduce a dynamic asset allocation model.
-
Country Report
Netherlands: Change on the horizon
It has been the poster boy of the international pensions world, but the Netherlands is now reflecting on recent failings following the publication of the Frijns and Goudswaard reports, writes Liam Kennedy, as the prospect of a real cover ratio looms on the horizon
-
Interviews
In your style
If ‘manager of managers’ was once the way SEI chose to explain its European business, it has now embraced fiduciary management. Or as Patrick Disney, managing director of SEI’s EMEA institutional business, likes to put it: “When we started here, head office told us to sell what they called a ‘bundled outsourced retirement platform’, which I always thought was a bit of a mouthful. But essentially it was what we now call fiduciary management.”
-
News
Longevity association to kick-start hedging activity
[01:01 CET 31-01] UK - A group of eight banks, insurers and reinsurers has launched the Life and Longevity Markets Association (LLMA) to help promote the hedging and trading of longevity risk.
-
Interviews
A Hamburg asset
The phlegmatic Hamburgers are often compared with the British by dint of their conservative outlook and controlled disposition. Perhaps no wonder that a Hamburg institution like Berenberg Bank should already count a UK local government pension fund among its asset management clients – and that it should be hunting for more such clients outside the German speaking world.
-
News
First Quench heads for PPF assessment
[15:30 CET 07-12] UK – The First Quench Pension Scheme is in the process of entering the Pension Protection Fund (PPF) assessment period, following the collapse of the sponsoring employer First Quench Retailing, formerly known as Threshers.
-
Features
Ong’s law of finance
When leading financial practitioners and academics convened in Qatar earlier in the autumn at the launch of QFinance to discuss the future of financial services regulation, it seemed that the economic tsunami of 2008 was finally receding and normality was returning. Banks have spent most of the year rebuilding their ...