All articles by Luigi Serenelli – Page 28
-
News
German schemes could face further liquidity risks
Substantial rating downgrades of securities held by German investment funds could lead to high outflows
-
News
Swiss pension funds association backs second pillar reform
ASIP has been involved in the legislative process, considering the reform of the second pillar ‘necessary and urgent’
-
News
VBL faces parliamentary inquiry on investment transparency
A real estate loan for a project in Berlin has set off a parliamentary inquiry, and demands to disclose investments
-
News
DACH roundup: Funding gaps in Swiss first pillar pension system remain
Plus: WTW partners with BAA; German lifeboat scheme set ups contribution rate
-
News
DAX pension investors set to benefit from calmer capital markets
Funding ratios reached a new high of 79% last year, compared with 72% the previous year, Aon report finds
-
Analysis
Analysis: German states realign €30bn pension fund assets to stricter ESG standards
Four German states have recently revised their sustainable investment strategies, sticking to stricter ESG rules
-
News
Compenswiss on path to invest €1bn in private debt
The pension scheme is pursuing a more robust diversification, capturing illiquidity premium, as the bulk of its investments is still invested in fixed income
-
News
European Commission proposes stricter rules for ESG ratings providers
The draft legislation requires ESG ratings providers to disclose potential conflicts of interest
-
News
DACH roundup: City of Zurich Pensionskasse bumps up alternatives
Plus: Swiss association on investments in reform process; Austrian pension funds see AUM shoot up; German Spezialfonds add green assets;
-
News
Dutch pension funds’ move to segregated mandates knock alternative funds
EFAMA sees gradual shift towards ETFs and index funds
-
News
Sustainable finance group pushes for transparency of ESG rating agencies
The group recommends the upcoming regulation covers all providers of ESG ratings and scores selling their products and services in the EU, regardless of a company’s headquarters
-
News
UBS signs protection agreement for non-core assets
The agreement covers approximately 3% of the combined assets of the merged bank
-
News
Italian government readies new investment rules for first pillar pension system
Pension schemes have been waiting for an upgrade to their investment rules since 2011
-
News
Italian pension funds lean towards domestic investments, says COVIP
Many pension funds are also expanding their investment strategies in private equity and private debt, according to the pensions regulator
-
News
Swiss pension funds set to change SAA to reach bond investment targets
According to Swisscanto, 17% of pension funds surveyed adjusted their strategic asset allocation, and 35% changed allocations tactically.
-
News
UBS/Credit Suisse AM divisions merger could rock Swiss fund market
‘It will be painful,’ says UBS chief
-
News
Italian government puts forward law to create €1bn SWF
The funds will amount to €700m this year and a further €300m in 2024
-
News
German BVV allocates €1.5bn to high rating investment grade bonds
The fund will pursue an active risk management approach, especially in volatile asset classes
-
News
Compenswiss tenders mandate for core+ investments in North American real estate
The scheme plans to diversify its real estate exposure
-
Opinion Pieces
German pensions sector backs cost rethink
Applause, which started mildly but ended robustly, suddenly reverberated in a packed Berlin conference room a few weeks ago. An audience of industry experts, pension managers, associations and trade unions clapped at the suggestion that Germany’s BaFin regulator should avoid repeating its exercise on cost reporting for IORPs, initiated by the European Insurance and Occupational Pensions Authority (EIOPA), and implemented in turn by BaFin. The exercise was a disappointment, and an excessive, unnecessary effort for the German pension industry.