Germany’s nuclear waste management fund Kenfo has backed plans to introduce a Swedish-style capital-funded element to the country’s first pillar pension system, arguing that it is well placed to manage the proposed default fund. Kenfo chief executive offi... See more
The rapid growth in assets held in defined contribution (DC) plans is prompting German companies to review their investment strategies, focusing more on opportunities for returns in public and private markets rather than primarily on risk hedging. Assets ... See more
Enpam, the €30bn pension fund for doctors in Italy, is investing €220m in domestic venture capital (VC) and small and mid-cap equities. The pension fund’s board has approved a €120m commitment to the Fondo Nazionale Strategico Indiretto (FNSI), the state-... See more
The German government and the federal states of Hesse and Baden-Württemberg have appointed a consortium led by DWS to invest €3bn-€6bn of public pension reserve assets in European corporate bonds through a Spezialfonds. Assets will come from the Baden-Wür... See more
German pension funds have come under renewed scrutiny as financial supervisor BaFin examines the impact of ‘cum-ex’ and ‘cum-cum’ withholding tax fraud, while a court case has highlighted the sector’s links to the long-running scandal. ‘Cum-ex’ and ‘cum-c... See more
