Luigi Serenelli

1 week ago | ipe.com | Luigi Serenelli

The institution seeks a greater role for Miria Asset Management, its own asset management company, as it reviews the strategic asset allocation  Fondazione Enasarco, the €9.3bn Italian first-pillar pension fund for sales representatives, is approaching other first-pillar pension schemes as it seeks to expand the role of its asset management company, Miria Asset Management, while at the same time carrying out a review of its strategic asset allocation.

1 week ago | ipe.com | Luigi Serenelli

Aon is recommending German corporate pension funds to refrain from making new investments in the US, and carefully rebalance allocations as capital moves to safer havens.

1 week ago | ipe.com | Luigi Serenelli

Previp, the €3.4bn Italian multi-employer defined contribution pension fund, has stripped Amundi of the asset management mandate for one of its sub-funds in light of poor results compared with another sub fund manager and competitor, AllianzGI. Previp’s board of directors selected AllianzGI and Amundi in 2023 to manage the assets of the Linea 3 Bilanciata, which at the time totalled €374m, according to the pension fund’s 2023 financial statement.

1 week ago | ipe.com | Luigi Serenelli

German buyout firm VEDRA Pensions has inked a strategic deal with Lampe Asset Management, the institutional asset management arm of Hauck Aufhäuser Lampe bank, for the management of liquid assets of companies holding pension liabilities following the closing of buyout transactions, so-called pension corporations (Rentnergesellschaften).

2 weeks ago | ipe.com | Luigi Serenelli

BVV, the €34bn pension fund for Germany’s financial sector, has significantly increased its allocation to fixed income, with 65.6% of total assets now earmarked for the asset class, according to updated investment policy principles effective 30 April. The revised strategy marks a notable step up from the fund’s previous policy, which allocated 55% to bonds — 50% through direct holdings and 5% via mandates.