Hotel Employees Pension Fund wins the IPE Award Best Pension Fund from a Smaller European Country 2009 and second place for the Best European Industry-Wide Pension Fund.
We are delighted to announce that at the ninth annual IPE European Pension Fund Awards held in Dublin on November 18, the Hotel Employees Pension Fund won the IPE Country Award for Best Pension Fund from a Smaller European Country 2009. This is the first time this award for pension funds in European countries with populations of under 1m was presented.
Also, achieves the second place for the IPE Silver Award for Best European Industry-Wide Pension Fund. The first place won by the Danish Industriens Pension with assets more than 6 billion. This position is very important for our fund because more than 30 funds from all over Europe were participating.
The fund’s submission for the award was selected by a panel of independent judges, appointed by Investment & Pensions Europe. At the event, the following key points from the fund’s submission were highlighted:
• Strictly geared to matching assets with liabilities
• Ensures investment process costs at a minimum
• Portfolio control mechanisms for risk and reporting
More than 500 guests from the European pension’s community attended the IPE Awards ceremony in Dublin, including the Irish Prime Minister Brian Cowen.
Now in their ninth year, the IPE European Pension Fund Awards are designed to give recognition for excellent achievement to pension funds from across Europe. Altogether 38 awards were presented during the ceremony to pension funds attending from over 30 countries, at what is reckoned to be Europe’s biggest annual event for the industry.
“We thank the Hotel Employees Pension Fund for entering the Awards and offer them our warmest congratulation on their outstanding achievement,” said Piers Diacre, publisher and CEO of IPE.
At the ceremony, the Award was presented to Mr Marinos Gialeli, General Manager of the Hotel Employees Pension Fund, who said later: “We are very delighted for this award, which is a recognition for the hard work of the Board Members, the Management and the Personnel of our fund“.
We are delighted to announce that at the ninth annual IPE European Pension Fund Awards held in Dublin on November 18, the Hotel Employees Pension Fund won the IPE Country Award for Best Pension Fund from a Smaller European Country 2009. This is the first time this award for pension funds in European countries with populations of under 1m was presented.
Also, achieves the second place for the IPE Silver Award for Best European Industry-Wide Pension Fund. The first place won by the Danish Industriens Pension with assets more than 6 billion. This position is very important for our fund because more than 30 funds from all over Europe were participating.
The fund’s submission for the award was selected by a panel of independent judges, appointed by Investment & Pensions Europe. At the event, the following key points from the fund’s submission were highlighted:
• Strictly geared to matching assets with liabilities
• Ensures investment process costs at a minimum
• Portfolio control mechanisms for risk and reporting
More than 500 guests from the European pension’s community attended the IPE Awards ceremony in Dublin, including the Irish Prime Minister Brian Cowen.
Now in their ninth year, the IPE European Pension Fund Awards are designed to give recognition for excellent achievement to pension funds from across Europe. Altogether 38 awards were presented during the ceremony to pension funds attending from over 30 countries, at what is reckoned to be Europe’s biggest annual event for the industry.
“We thank the Hotel Employees Pension Fund for entering the Awards and offer them our warmest congratulation on their outstanding achievement,” said Piers Diacre, publisher and CEO of IPE.
At the ceremony, the Award was presented to Mr Marinos Gialeli, General Manager of the Hotel Employees Pension Fund, who said later: “We are very delighted for this award, which is a recognition for the hard work of the Board Members, the Management and the Personnel of our fund“.