Markets – Page 165

  • News

    FRR lowers equity holding in strategic review

    2009-06-19T15:55:00Z

    [16:55 CEST 19-06] FRANCE – FRR, the French national pension fund, has completed its strategic asset allocation review and effectively split equities and bonds holdings as well as introduce new standards on the level of returns and volatility set.

  • Czech funds survive stress test, for now
    News

    Czech funds survive stress test, for now

    2009-06-17T16:15:00Z

    CZECH REPUBLIC – All Czech pension funds have passed a stress test by the country’s national bank (CNB) but the results show major weaknesses should interest rate levels climb steeply.

  • Victoria to increase activity in corporate bonds
    News

    Victoria to increase activity in corporate bonds

    2009-06-15T16:00:00Z

    [17:00 CEST 15-06] AUSTRIA – The €500m Victoria-Volksbanken Pensionskasse intends to raise its exposure to corporate bonds.

  • News

    Work develops to grow environmental ETFs

    2009-06-15T15:20:00Z

    [16:20 CEST 15-06] GLOBAL – FTSE Group has launched a fresh series of classifications and support tools which are designed to help investors identify companies providing environmental technolofy products and services, which could soon lead to the growth of environmental-focused ETFs.

  • News

    Pensions funds buy back into equities

    2009-06-12T15:00:00Z

    [16:00 CEST 12-06] NETHERLANDS – Dutch pension funds invested over €21bn in securities again in the first quarter of this year, though the bulk of that money headed for bonds and the purchase of equities did not offset losses, figures from the pensions regulator have revealed.

  • Big was not beautiful for private equity in 2008
    News

    Big was not beautiful for private equity in 2008

    2009-06-11T15:40:00Z

    [16:40 CEST 11-06] EUROPE – Investment in European private equity fell last year, according to the European Venture Capital Association but there was capital growth and an increase in smaller equity-centric buyouts – a trend apparently ongoing as Aberdeen’s private equity team has bought out its private equity arm.

  • News

    PIMCO unveils GDP-based debt strategy

    2009-06-11T15:00:00Z

    [16:00 CEST 11-06] GLOBAL – PIMCO has launched a new concept in fixed income investing which is said to provide an improved measure of credit market beta by shifting away from market cap weightings and adopting a variety of credit vehicles to deliver counter-cyclical rebalancing.

  • News

    Danish pension fund turns to Asian equities

    2009-06-10T15:55:00Z

    [16:55 CEST 10-06] DENMARK – A Danish pension fund is looking to hire a specialist investment manager to deliver an Asian ex-Japan and ex-Pacific equities mandate, and is conducting its search through IPE-Quest.

  • News

    Danish investor pursues European equities

    2009-06-04T15:55:00Z

    [16:55 CEST 04-06] DENMARK – Danish firm Nykredit Asset Management is looking to invest up to $150m (€100m) in all/large-cap equities, using IPE-Quest.

  • News

    Future gov't bond returns to be 'considerably lower' - PIMCO

    2009-06-04T15:50:00Z

    [16:50 CEST 04-06] GLOBAL – Fixed income specialist Pimco has warned that investors must expect government bonds to deliver poorer returns over the coming years than recently seen, as the state of US government borrowing is likely to frighten investors away when the market is being flooded by paper.

  • News

    Investor begins a Latam Quest

    2009-06-02T16:10:00Z

    [17:10 CEST 02-06] IPE-QUEST – A European institutional investor is looking to invest $80m (€56m) in Latin American equities, so is conducting a search via IPE-Quest.

  • Investment triggers 'could derisk pensions'
    News

    Investment triggers 'could derisk pensions'

    2009-05-22T16:10:00Z

    [17:10 CEST 22-05] GLOBAL – Applying some form of ‘trigger point’ at which investment returns could be collected might be a way of derisking pension schemes and removing the emotional draw some trustees attach to certain assets, suggests consulting firm Lane, Clark & Peacock.

  • Small cap equities sought by Swiss
    News

    Small cap equities sought by Swiss

    2009-05-20T15:40:00Z

    [16:40 CEST 20-05] GLOBAL – A Swiss institutional investor to looking $100-200m (€73-146m) in global developed market small cap equities and is searching for an appropriate manager, using IPE-Quest.

  • News

    Pensions insurance might work long-term - advisers

    2009-05-20T15:30:00Z

    [16:30 CEST 20-05] GLOBAL – Some form of insurance or ‘lock-in protection’ might be a solution to the risk of investing in defined contributions pensions, but the industry must in the short-term do much more to inform members about the risks they face, say consultants.

  • News

    Overlay touted as swaps alternative

    2009-05-19T15:00:00Z

    [16:00 CEST 19-05] EUROPE – Pimco, the asset manager, has suggested pension funds who were considering applying an interest rate swap to their portfolios should instead look to a gilts overlay or equity futures to gain better returns.

  • News

    Reforms urged on sterling corporate bond market

    2009-05-15T16:10:00Z

    [17:10 CEST 15-05] UK – The Investment Management Association has warned appropriate reforms are needed in the UK corporate bond market, to prevent the sector from becoming a “backwater” and in turn presenting both a lack of funding and higher costs for all investors concerned.

  • News

    NAPF backs UK short-selling strategy

    2009-05-15T15:40:00Z

    [16:40 CEST 15-05] UK – The National Association of Pension Funds (NAPF) has urged the UK’s Financial Services Authority to steer clear of a blanket ban on short-selling of equities, arguing certain investments strategies “depend on the ability to go short”.

  • News

    Pension funds act on negative swap spread

    2009-05-14T12:00:00Z

    [13:00 CEST 14-05] GLOBAL - Pension funds have been lining up to take profits from the interest-rate swaps they have put in place for liability-driven investing (LDI), according to their fixed income managers and advisers.

  • News

    PPF diversifies investment portfolio

    2009-05-11T16:25:00Z

    [17:25 CEST 11-05] UK – The Pension Protection Fund (PPF) is diversifying its investment strategy to include three new portfolios including global tactical asset allocation (GTAA).

  • News

    Shropshire reduces UK equities for new global mandate

    2009-05-11T16:20:00Z

    [17:20 CEST 11-05] UK – Shropshire County Council is seeking one or more managers to run a new global equity portfolio for the £740m (€824m) Shropshire Pension Fund.