15 articles found within the last year.
Displaying results 1 - 15
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Investors face tough decisions over instant access to assets
Last year was almost certainly a watershed for ... The changes mainly relate to transparency and liquidity, ... Managed accounts are well established and popular because ... Some of the largest pension funds have set ... Tony Broccardo, chief investment officer of the pension...
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Balanced funds buoyed by best returns in 34 years
Fund managers running balanced mandates – multi-asset funds ... Balanced funds – once the investment of choice ... The best-performing fund managers during the quarter were ... However, over the longer term, the best-performing balanced ... Balanced managers have been steadily increasing equities allocations...
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A job fit for a true master of the universe
When King Augeas of Elis ordered Hercules to ... Hercules was clearly no fool. But it is ... Figures published by the European Fund and Asset ... It is not hard to see why. Asset ... Asset managers who put their clients’ interests first ... For investors, the resulting choice is bewildering. No...
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Local government chief calls for retirement at 70
The chief executive of one of the biggest ... Mike Taylor, chief executive of the £3.2bn (€3.5bn) ... He said: "A phased increase in the retirement ... Taylor also suggested other changes to make public-sector ... Since public-sector pensions still generally take the form...
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News analysis: a year of change in asset management
Twenty of the world's biggest asset managers at ... Watson Wyatt's survey, which is published in association ... Not all firms suffered to that extent. Japanese ... Overall, however, Carl Hess, global head of investment ... But the industry's fortunes have recovered slightly in...
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London fund overhauls equities managers
The London Borough of Harrow, a local-government authority ... The Harrow fund is over 70% invested in ... The fund's governing investment panel wrote: "The overall ... As a result it instigated a review of ... Jennifer Hydari, divisional director of finance and procurement,...
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Lloyds to consolidate asset management, sell Insight Investment
The UK's Lloyds Banking Group on Wednesday said ... The bank is undertaking a large-scale revamp after ... The takeover of HBOS, a big mortgage lender ... Lloyds Banking Group is now the largest bancassurance ... Investment management of the funds from Halifax and ... The rest of Insight Investment -- an external...
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News Analysis: So who has the world's best pension system?
There was a blizzard of dire warnings this ... Despite the meltdown of its banks and domestic ... For a start, the amount that Icelandic pension ... The savings do not appear to have come ... Iceland's citizens are also among the most thrifty ... As in the UK, the state pension forms...
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Banks use life insurance to fund bonuses
Banks are using a little-known tactic to help ... Banks took out much of this life insurance ... Bank of America has the most life insurance ... The insurance policies essentially are informal pension funds ... Though not improper, the practice is similar to ... Efforts to rein in the practice largely have...
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Goldman Sachs promotes Rominger to CIO
The head of Goldman Sachs Asset Management's fundamental ... Eileen Rominger will take overall charge of GSAM's ... According to an internal memo, GSAM has created ... Steve Barry, co-chief investment officer of growth equities, ... At the same time, Goldman Sachs has also...
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ING plans bonus claw backs for underperforming managers
ING Investment Management, the funds arm of the ... Jan Straatman, who pioneered revolutionary techniques to harmonise ... Last month the UK´s Financial Services Authority said ... ING´s move suggests investment management companies will also ... Straatman said: "We are creating much more symmetry...
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Comment: Middle England's pensions anger
In the 2002 horror film 28 Days Later, ... Writing in yesterday's Guardian, the historian and columnist ... The chief target of Hastings' ire was independent ... They, too, paint a sorry picture. The typical ... Statistics like that illustrate why the £693,000-a-year (€774,503)...
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Swiss scheme moves to narrow deficit
The Sfr1.09bn (€733m) public sector retirement scheme for ... The fund is proposing to sell off land ... The commune said that the fund's 40% funding ... A 30-year bond paying an annual interest of ... Beat Zaugg, an investment consultant at Watson Wyatt ... Occupational pension schemes have also set their sights...
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Pension deficits hit record high
UK corporate pensions fell even further in to ... According to new figures from the Pension Protection ... In addition, scheme liabilities increased by 2.9% over ... The PPF is a government-sponsored and industry-funded insurer ... Questions remain over the PPF, which last year...
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News analysis: Shining a light into Woolies' £150m pension hole
The entry of UK retail chain Woolworths Group ... In a brief glance at Woolworths' most recent ... However, in reality, the deficit is likely to ... Woolworths has a final salary scheme that is ... But the company's entry into administration this morning ... It also means the companies that run the...
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