Real estate is evolving fast as increased global investment opportunities emerge. Property prices in key markets have begun a tentative upswing that may offer scope for capital gain. There is also evidence of rental growth in some locations, which has had a positive effect on capital values. However, as the effects of the global financial crisis continue to be felt, investors are demanding greater control over their investments. This paper examines the opportunities and challenges facing institutional investors, as well as favoured strategies in the current market.
Asset Classes
Real Estate: New Opportunities for Institutional Investors
Investor Profile
TfL explains why hedge funds provide essential diversification
Padmesh Shukla, chief investment officer of the £14 billion Transport for London Pension Fund explains why he believes hedge funds are a crucial element to a diversified portfolio.
Sarah RundellApril 11, 2024
Japan in focus
Japanese corporate pension funds navigate uncharted waters
Fixed income, once a stabilising force for asset-rich Japanese corporate pension funds, now struggles to counter stock and currency volatility. Japanese investors are reducing fixed income, and heavily diversifying their portfolio as high currency hedging costs prompt caution, seeking shelter in short-term strategies amid uncertainties surrounding global central bank policies.
Chikafumi HodoDecember 19, 2023
Featured Story
Norway’s GPFG argues the case for private equity – again
NBIM has petitioned politicians to let it invest in private equity - again. Arguing for a 3-5 per cent allocation with large managers in developed markets, NBIM recognises it will be unable to cap fees like in its other allocations and will curb costs by developing a co-investment program.
Sarah RundellDecember 14, 2023
Sustainability Oxford 2023
Private equity well positioned to decarbonise portfolios, but still lagging
Private equity has the potential to play a strong role in decarbonising portfolios, but many funds are lagging both in transparency and in action towards net zero, investors from Harvard and Oxford endowments and the French fund Caisse de Depots said.
Ben HurleyNovember 30, 2023
Sustainability Oxford 2023
Board control critical to ESG stewardship in unlisted infrastructure
Investors can de-risk and increase the long-term returns of unlisted infrastructure assets by enacting forward-looking ESG transitions, investors say, but they need to ensure sufficient control at the board level.
Ben HurleyNovember 22, 2023
Investor Profile
France’s ERAFP builds out private credit after lengthy manager selection
France's ERAFP has just boosted its allocation to private credit after a lengthy manager selection process, renewing and building out existing mandates in a €8 billion allocation begun in 2009.
Sarah RundellOctober 24, 2023
Real Estate
APG considers licensing bespoke ESG real estate index
APG is considering licensing its new bespoke ESG real estate index to the broader industry, with CRREM compliance a driving factor of broadening its availability.
Amanda WhiteOctober 16, 2023