BELGIUM - Pension funds managed by Degroof Institutional Asset Management (DiAM) have delivered a median net performance of 4.4% since the beginning of the year.
The Mercer HR Consulting figures for the first quarter of 2006 analysed the investment performance of 90 portfolios of Belgian pension funds. DiAM manages 25% of all Belgian pension funds. The 4.4% performance...
Karel Van Gutte has been named as secretary general of the Belgian Association of Pension Institutions (BAPI).
UK/BELGIUM - The Upper Tribunal expressed "serious reservations" about the amount The Pensions Regulator is chasing in its contribution notice against Michel Van De Wiele NV.
NETHERLANDS/BELGIUM - A group of Dutch and Belgian investors is planning to sue ABN Amro and KBC who acted as counterparties in trades with Lehman Brothers and Ernst & Young who audited the bank's accounts.
EUROPE - Multinationals are increasingly looking at creating cross-border pension funds for their employees, industry figures said.
BELGIUM - Pension funds lost an average of 15.5% over the year up to September, and shifted allocations from equities to bonds, research by Mercer reveals.