Pensions

Currency Management: Minding the pennies and cents

Investment and Pensions Europe (IPE): 1 Nov 2012 01 Nov 2012 Pension funds are learning that currency costs need to be managed, writes Gerry O’Kane The world of currency strategy has recently had to welcome a new set of players – those offering greater certainty in pricing performance with their transaction cost analysis (TCA)...

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Save our scheme

Pensions Management, 24 March, 2011 New Zealand’s national pension savings scheme has been applauded for its success in enrolling two-thirds of employees, but will the government’s tax plans lead to its demise? By Gerry O’Kane The Kiwisaver scheme has beaten all expectations in its first three years, but it is far from perfect as...

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NORFOLK OPTS FOR FUND DIVERSIFICATION

FT Mandate, July, 2003 Edinburgh-based Baillie Gifford is unabashed in describing its strategy for its UK equity core portfolio as bottom-up stock-picking. Whatever rivals may think about the style, it bagged half of a GBP160m active UK equity mandate with Norfolk County Council’s pension fund, alongside AllianceBernstein. Anthony Tait, director of institutional clients and...

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HYMANS ROBERTSON REVEALS INVESTMENT RISK CONCERNS

FT Mandate, July 2003 Concern about investment risk is the common denominator of the conclusions of the Hymans Robertson “Big 50” survey of asset managers, according to Michael O’Brien, managing director of European institutional business at Barclays Global Investors (BGI). The report, which provides an overview of the 50 largest managers of UK pension...

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UK PENSIONS SPURN HEDGE FUNDS FOR PRIVATE EQUITY

Only 8 per cent of UK pension schemes invest in hedge funds and none of the top 10 schemes (with assets in excess of £10bn) have any hedge fund investments. This compares with 44 per cent of pension schemes currently investing in private equity, according to JP Morgan Fleming’s 2002 Alternative Investment Strategies survey....

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DUTCH PENSION FUND AVH FAILS PERFORMANCE TEST

FT Mandate: April 2003 A Dutch state pension fund has denied it will haemorrhage contributors following its failure to pass a regulatory rolling five-year benchmark. The Agricultural and Food Supply (AVH) industry pension fund scored lower than a -1.28 test threshold over five years, with -1.67. It was only beaten by the Tyre and...

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CALPERS CASTS HEDGE FUND NET WIDER IN BID TO BOOST RETURNS

The California Public Employees’ Retirement System (CalPERS) is expanding its $ 1bn hedge fund programme, although no decision on the size of a planned asset allocation increase will be made until June. Following staff recommendations, CalPERS has decided to broaden its newly- named Joint AIM/Global Equity Absolute Return Strategies Programme by expanding the pool...

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BAA TAKES FLIGHT FROM UK EQUITY ‘BET’

FT Mandate, October 7, 2002 It is nice to hear that some investment houses manage to get their staff to talk to each other. UBS Asset Management has managed this remarkable feat in its global equities fund by looking at equities on a global sector basis, rather than a purely geographic one. The bonus...

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Custodians review their role as pension fund Guardians

FINANCIAL TIMES MANDATE, MAY 1999 Global players see moves by pension funds to stricter corporate governance as new business opportunities. Gerry O’Kane reports While wrestling with issues of corporate governance in the context of global custody and pension fund management is not for the faint hearted, players in this market are more than happy...

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Categories

Feature

China’s battle with water pollution is up-hill all the way

As the debate over revisions to China’s Environmental Law rumbles on, new incidents of groundwater and river pollution pour out of the Chinese media...

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China’s energy strategy will make waves for years to come

Follow the money, CleanBiz.Asia The economic turmoil of the financial crash saw China being feted as a white knight with drawbridges being lowered to...

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Currency Management: Minding the pennies and cents

Investment and Pensions Europe (IPE): 1 Nov 2012 01 Nov 2012 Pension funds are learning that currency costs need to be managed, writes Gerry...

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Forget the world as we knew it

Follow the Money, CleanBiz.Asia It was like an elephant in the corner of the room. Hurricane Sandy came roaring through the Northeast United States,...

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Hong Kong-listed logging company continues global rape

CleanBiz.Asia Malaysian logging group Samling, has been accused of using illegal logging permits to give it access to pristine forests in Liberia. The case...

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