Full 2014 Results

GOLD AWARDS

Best European Pension Fund

Presented by Amundi  

Winner: PensionDanmark (Denmark)

Shortlist:
Almenni Pension Fund (Iceland)
British Steel Pension Fund (United Kingdom)
CERN Pension Fund (Switzerland)
SPK (Sweden)

Outstanding Industry Contribution

Presented by Candriam Investors Group – A New York Life Company 

Winner: Mats Andersson, Chief Executive Officer, Fjärde AP-fonden (AP4)

Shortlist:
Gordon Clark, Professor and Director, Smith School of Enterprise and the Environment, University of Oxford
Fritz Janda, Managing Director, Association of Austrian Occupational Pension Funds
Paul Kelly, Director, International Consulting, Towers Watson
Pieter Omtzigt, Member of Dutch Parliament, House of Representatives

Best Long-term Investment Strategy

Presented by PFI        

Joint Winners:

Kingfisher Pension Scheme (United Kingdom)
PKA (Denmark)

Shortlist:
Bosch Pensionsfonds AG (Germany)
Frjálsi Pension Fund (Iceland)
Pension Protection Fund (PPF) (United Kingdom)

Pension Fund Personality of the Year

Presented by PFPP

Winner: Penny Green, Chief Executive Officer, Superannuation Arrangements of the University of London (SAUL)

Shortlist:
David Adkins, Chief Investment Officer, The Pensions Trust
Benny Buchardt Andersen, Chief Investment officer, PenSam
Ole Buhl, Director, Head of ESG, ATP
Théodore Economou, Chief Executive Officer and Chief Investment Officer, CERN Pension Fund
Patrick Ferguson, Trustee Secretariat, Construction Workers’ Pension Scheme
Henrik Heldeby, Chief Executive Officer, PFA
Alan Rubenstein, Chief Executive Officer, Pension Protection Fund (PPF)

SILVER AWARDS

Best Corporate Pension Fund

Presented by Intermediate Capital Group, ICG

Winner: Bosch Pensionsfonds AG (Germany)

Shortlist:
British Steel Pension Fund (United Kingdom)
ICI Pension Fund (United Kingdom)
Pension Fund SBB (Switzerland)
The AA Pension Scheme (United Kingdom)

Best Industry-wide Pension Fund

Presented by State Street       

Winner: NEST (United Kingdom)

Shortlist:
Frjálsi Pension Fund (Iceland)
PenSam Liv Forsikringsaktieselskab (Denmark)
PensionDanmark (Denmark)
Pension Protection Fund (PPF) (United Kingdom)

Best Public Pension Fund

Presented by Standard & Poor’s Ratings Services 

Winner: Fjärde AP-fonden (AP4) (Sweden)

Shortlist:
Environment Agency Pension Fund (United Kingdom)
ERAFP (France)
Lancashire County Pension Fund (United Kingdom)
The State Pension Fund (VER) (Finland)

Presented by Union Investment

Pensionskasse:

Winner: APK Pensionskasse AG

Shortlist:
VBV-Pensionskasse AG
Victoria-Volksbanken Pensionskassen AG

Vorsorgekasse:

Winner: fair-finance Vorsorgekasse 

Shortlist:
VBV-Vorsorgekasse AG
Victoria-Volksbanken Vorsorgekasse AG

Best Pension Fund in Belgium

Presented by Capital Group

Joint Winners:                        
Integrale
Amonis OFP

Shortlist: Pensioenfonds Contractuelen VRT

Best Pension Fund in Central & Eastern Europe

Presented by Aviva Investors  

Winner: NLB Nov Penziski Fond (Republic of Macedonia)

Shortlist:
ING Open Pension Fund (Poland)
Swedbank Investeerimisfondid AS (Estonia)

Best Pension Fund in Denmark

Presented by Morgan Stanley 

Winner: Industriens Pension

Highly Commended: PensionDanmark

Shortlist:
Nordea Liv & Pension
PenSam Liv forsikringsaktieselskab

Best Pension Fund in Finland

Presented by Stone Harbor Investment Partners         

Winner: The State Pension Fund (VER)

Shortlist: Veritas Pension Insurance

Best Pension Fund in France

Presented by Standard Life Investments         

Winner: FRR (The French pension reserve fund)

Shortlist:
ERAFP
IRCANTEC
UMR Corem

Best Pension Fund in Germany

Presented by Invesco Asset Management

baV:

Winner: Linde Custodian e.V.

Shortlist:
Bosch Pensionsfonds AG
Commerzbank Pension Fund

Versorgungswerk:

Joint Winners:

Ärzteversorgung Westfalen-Lippe

Bayerische Versorgungskammer

Shortlist:
Versorgungswerk der Wirtschaftsprüfer und der vereidigten Buchprüfer im Lande NRW

Best Pension Fund in Ireland

Presented by Russell Investments       

Winner: Construction Workers’ Pension Scheme

Shortlist: Accenture

Best Pension Fund in Italy

Presented by Reference Hub  

Winner: Fondenergia

Highly Commended: Fondo Pensione BCC/CRA

Shortlist:
Inarcassa
Solidarietà Veneto - Fondo Pensione

Presented by Daiwa SB Investments   

Winner: OPF (Oslo Pensjonsforsikring AS)

Shortlist: DNB Livsforsikring ASA

Best Pension Fund in Portugal

Presented by Alger     

Winner: Horizonte - 3 Open Pension Funds of Pensõesgere

Shortlist:
SGFP - Banco de Portugal
Fundo Pensões Aberto BPI Valorização

Best Pension Fund in Spain

Presented by DIAM Co., Ltd.   

Winner: Geroa Pentsioak EPSV

Highly Commended: Pensions Caixa 30

Shortlist:
Grupo CEPSA Fondo de Pensiones
Plan de Pensiones de Promoción Conjunta de Grupo DuPont (Bansabadell 46, FP and Bansabadell 43 FP)

Best Pension Fund in Sweden

Presented by MFS International (UK) Limited  

Winner: SPK

Shortlist:
Fjärde AP-fonden (AP4)
SEB Life & Pension

Best Pension Fund in Switzerland

Presented by Wellington Management           

Winner: Pension Fund SBB

Shortlist:
Lombard Odier Pension Fund
Swiss Federal Pension Fund PUBLICA
compenswiss – Swiss Federal Social Security Funds

Best Pension Fund in the United Kingdom

Presented by Calamos

Winner: British Steel Pension Fund

Joint Highly Commended:
Pension Protection Fund (PPF)
Santander UK Pension Scheme

Shortlist:
ICI Pension Fund
NEST
Superannuation Arrangements of the University of London (SAUL)

What our previous winners say

Pension Protection Fund in the United Kingdom

“We were delighted that our successful and innovative investment approach was recognised with a number of awards during the year, including IPE’s ‘European Pension Fund of the Year’, the first time this award has been made to a UK organisation.”

Alan Rubenstein, Chief Executive Officer

PensionDanmark in Denmark

“It was a big honour for us to win in light of some very strong competition. The IPE awards mean a lot to us and our owners. And they are both a testament to and well-deserved recognition of the hard work and dedication displayed by the investment team and all our other colleagues in devising and implementing the new investment opportunities within direct infrastructure investments, export credit finance and senior secured infrastructure loans.”

Torben Möger Pedersen, Chief Executive Officer

APK in Austria

“Winning the IPE Award was a confirmation from an external source of how innovative and capable APK’s fixed income investment process is. This is useful both with respect to motivating the asset management team internally but also in the communication with our customers. Being a serial winner of IPE Awards serves to maintain APK’s reputation as one of the leading pension funds in Europe.”

Christian Böhm, Chief Executive Officer

WPV in Germany

“For WPV it is not the most important thing to win an IPE award. When we participate and submit our application we hope to motivate and to encourage others, vice versa we are happy to learn from other participants. The awards are a good opportunity to exchange ideas and to communicate. Winning an IPE award shows us we are on the right path.”

Hans-Wilhelm Korfmacher, Managing Director

British Steel Pension Fund in the United Kingdom

“I’m delighted to have won our fourth IPE award, particularly so for the In-House Investment Team which we won outright this year, having been joint winners last year. This particular award pits us against some of the biggest global investment institutions, which employ far greater resources than ourselves, and it thus vindicates our tried and tested model founded on strong investment beliefs, singularity of purpose and clear alignment of interests. Warm congratulations to all that were involved in this great achievement.”

Hugh Smart, Chief Investment Officer

Pensioenfonds KBC in Belgium

“You never get used to winning an IPE Award: in 2012 Pensioenfonds KBC won the IPE Award for best pension fund in Belgium, the 3rd time in 5 years but it still makes you feel very proud!”

Edwin Meysmans, Director

CERN Pension Fund in Switzerland

“The news that the panel of judges honoured the CERN Pension Fund for its risk management is a tremendous encouragement for the CERN Pension Fund team to continue to reach for best practice. Receiving the award was an honour. But most importantly, being recognized by a prestigious publication and a distinguished jury provides comfort to our members and beneficiaries. Altogether, we are very grateful to Investments & Pensions Europe for its leadership in the pensions industry, and for pushing us to be the best at what we do!”

Theodore Economou, Chief Executive Officer

Clwyd Pension Fund in the United Kingdom

“We were delighted to win the bronze award for Alternatives and then go on to receive the prestigious silver award for Best Public Sector Fund – an amazing result for a small fund with limited in-house resources. Such acknowledgements are viewed both as an endorsement of the leading-edge strategies employed by the Fund since the mid-1990s, particularly its focus on diversification and risk diversity, as well as providing assurance to stakeholders that the Fund is ‘on the right track’. Finally, many thanks to IPE for organising another great event.”

Philip Latham, Pension Fund Manager

APG in The Netherlands

“As investors of pension money, at APG we use all of our experience, expertise and innovative power to invest the pension premiums in a sound, responsible and cost effective way. Our smart-beta approach to investing in commodities is an example of that. We see this award both as a recognition of that approach and as an encouragement.”

Benjamin Maat, Senior Portfolio Manager Commodities

BPI Gestão de Activos in Portugal

“It is very important for the investment management industry to keep fighting for the trust of their clients in these difficult times. External and independent appraisals do make the difference and the IPE Awards are the gold standard in the pension fund industry. Winning the IPE Award for Portugal is an important recognition in our market and a motivation to try to maintain excellence. Looking back to all eight times we have taken part, we realise that this has pushed us further to achieving greater innovation and continuously improving our investment and decision making processes.”

José Luís Borges, Head of Asset Allocation

Royal County of Berkshire Pension Fund in the United Kingdom

“Winning an IPE award validates our investment strategy both in our own eyes but more importantly in the eyes of the broader European Pensions industry!”

Nick Greenwood, Pension Fund Manager

For an individual page in PDF format of each article in the Awards Supplement, please contact Robert Watson, IPE Events Entries: 

Tel: +44 (0)20 3465 9327

email: robert.watson@ipe.com