Markets – Page 88
-
News
Iceland roundup: Gildi calls for change in takeover rules
Pension funds outline plans to lift foreign asset and equity weightings next year
-
News
Funding ratio threshold for Dutch pension funds lowered to 95%
DNB research shows that an average scheme will be able to meet its pension obligations if it has a funding ratio of 95% at the moment of transition
-
News
Dutch and French regulators in joint call for ESG rating regulation
The two regulators want the proposed regulation to focus on “lack of transparency”
-
News
Federal Reserve joins peers working on greening the financial system
NGFS also publishes analysis on central banks’ adoption of responsible investment practices and on monetary policy operations and climate change
-
News
German Spezialfonds immune to COVID-19 impact for Q3 inflows
Net inflows in special funds totalled €18.9bn, with inflows standing at €80.5bn
-
News
UK roundup: Maersk scheme’s £1.1bn bulk annuity with Legal & General
Plus: Aon says 2020 events are likely to lead to more UK DB scheme closures; PLSA survey shows greater diversity and inclusion can improve decision-making
-
News
Wellcome Trust ‘prospers’ under COVID-19 fallout with 12.3% return
The charity raised cash levels and hedged around 20% of its public equity exposure before the market decline
-
News
BBC scheme strikes £3bn longevity swap, Aon plan in £510m buy-in
BBC deal is the seventh announced longevity swap this year
-
News
German finance ministry’s new law to boost investment fund operations
It would expand the range of products offered by fund providers, in turn enhancing Germany’s appeal as a hub for investment funds
-
News
Barclays Bank UK scheme agrees £5bn longevity swap transaction
Scheme was advised by Aon while Insight Investment was appointed as collateral manager
-
News
Ethos includes ‘Say on Climate’ vote in guidelines
LAPFF also announced support for the campaign, in time for the five-year anniversary of the adoption of the Paris Climate Agreement last week
-
Opinion Pieces
Viewpoint: The Norwegian Government Pension Fund is plain wrong!
The UN PRI is right to get real and dismiss those who sign up under false pretences – good riddance to hypocrisy
-
News
Blue Sky Group hires external consultant for manager due diligence
Lestrade will initially focus its efforts on scanning all of BSG’s existing mandates for liquid assets on operational due diligence issues
-
News
French stock index outperforms DAX on environmental impact, says Scope
The main drivers of negative ESG impact among DAX companies were listed as greenhouse-gas emissions and airborne pollution
-
News
CDU reform proposal sparks debate on future of German pension system
Company or private pension schemes should become mandatory for low earners from the next legislative period
-
News
AP2 dumps fossil fuels as part of EU Paris-aligned benchmark take-up
Swedish state buffer fund going for net-zero portfolio emissions by 2045
-
News
UK roundup: Northern Gas Networks scheme in £385m buy-in deal
Plus: UK pension risk transfer market to reach £60bn in 2021, says Mercer
-
News
BP chief economist suggests focus on prices rather than climate scenarios
Spencer Dale floats idea of ‘shortcutting’ use of scenarios and turning straight to price metrics
-
News
Japan’s GPIF seeks input on low yield environment entrenchment
¥167.5trn (€1.4trn) pension investor also looking for ideas about estimating returns for bonds in post-pandemic era
-
News
ESG roundup: Amundi launches high allocation social bond strategy
Plus: FCLTGlobal produces capital flows mapping dashboard, Robeco declares net-zero ambition