Tag Archives: Investing
Those Dutch pension cuts in full!
Final figures from the Dutch central bank DNB show a total of 66 Dutch pension funds have been forced to curtail pensions due to funding shortfalls. Continue reading
Posted in actuaries, Bankers, pensions
Tagged Amsterdam, David Pitt-Watson, Dutch, Financial services, Funds, Investing, pension, Pension fund
11 Comments
Helping companies take decisions on pensions
One of the first thing you are taught at sales school is to “sell not tell”. Selling people an idea is about planting and nurturing an idea, not marching customers to the check-out desk. When it comes to taking a … Continue reading
Posted in pensions, Popcorn Pensions, Retirement
Tagged Business, Employment, Funds, Investing, Mutual Funds, National Employment Savings Trust, pension, Question
4 Comments
All that glitters does not lure – thoughts on DC default funds.
“I asked him, ‘My God, they’re purple and green. Do fish really take these lures?’And he said, ‘Mister, I don’t sell to fish.’ Continue reading
Posted in auto-enrolment, CDC, dc pensions, fish, governance, investment, pensions
Tagged Alan Miller, Business, Funds, Hedge fund, Investing, Mutual fund, Real estate investment trust, SHPS
3 Comments
Can a hedge fund make your money prosper?
Here is a question asked to members of our Pension Play Pen by Alan Miller. It’s a long question so I’ve broken it down a bit- my answers at the bottom! When you consider predictions (eg LBS’s Dimson & Marsh) … Continue reading
Posted in Bankers, brand, hedge funds, Horse racing, smelly, stock lending
Tagged Business, Credit Suisse, Funds, Hedge fund, Information and Service Providers, Investing, Pension fund, Reuters
3 Comments
No win no fee – one way to clean up asset management
I met yesterday with a Swiss firm whose business is to reduce the investment costs for large investors (typically with €500m +). The model is simple, no retainer – they receive 50% of the savings from their work. They are a … Continue reading
Posted in Bankers, Change, corporate governance, David Pitt-Watson, dc pensions, de-risking, Fred Goodwin, FSA, Management, napf, pension playpen, pensions, RBS, redington, Retirement, twitter
Tagged Asset management, Business, Financial Services Authority, Funds, Investing, Investment management, Securities lending, Switzerland
1 Comment
Poor execution – a pigsty – not a playpen
A researcher I was speaking to yesterday asked whether I considered the bad practices associated with the poor execution of trades by fund managers as criminal fraud. His argument was that indirect benefits such as the receiving of rugby tickets from … Continue reading
Light in the lifestyle tunnel!
The way in which your DC pot magically turns from investing in shares to investing in cash and Government bonds is called lifestyle and it involves hundreds of transactions in 60+ months before you buy your pension. All of these transactions involve … Continue reading
Don’t put your swaptions on the stage Mrs Redington!
This post has been prompted by the very progressive @redingtontweets feed which recently asked it’s excited readership (Well me!) Would you be interested in a lower return on your #DC#pension in exchange for a perpetual floor of 80% of your #asset value? … Continue reading
Posted in actuaries, auto-enrolment, Bankers, pension playpen, pensions, redington, social media
Tagged Bank, Business, Christmas, Investing, pension, Pensions in the United Kingdom, redington, Swaption
6 Comments
Why the DC “game is up” for the active fund managers
Like landed salmon , they flap around on the bank, hoping they may get thrown back in the water. Continue reading
Posted in auto-enrolment, corporate governance, dc pensions, de-risking, infrastucture, Management, pensions, Personal Accounts
Tagged AllianceBernstein, Business, Conversion of Paul the Apostle, Defined contribution plan, Erisa, Funds, Hargreaves Lansdown, Investing, Investment, Investment management, Private equity fund, United States
10 Comments