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Harvard 2014

G20 urged to develop policies to support long-term investment

The Fiduciary Investors Symposium (FIS) at Harvard University has identified several of the key barriers to pension funds, endowments and sovereign wealth funds adopting more effective long-term and sustainable investment strategies, and is preparing a communiqué to the upcoming meeting of the G20 to convey its concerns and its policy requirements. FIS, organised and hosted […]
Opinion

What, really, are your pension liabilities?

Liabilities in UK pension schemes are grossly under-estimated with the current valuation system not recognising  the perilous funding position in both corporate and public systems. The implications for not addressing this include huge financial costs borne unfairly by younger members of the schemes. Stefan Lundbergh, head of innovation, and Andrew Stewart, client manager at Cardano, […]
Investor Profile

Behind the long-horizon equities mandate at The Pensions Trust

How to implement long-term ideology is one of the enduring questions for investors. Unilever UK Pension Fund, The Pensions Trust and the Environment Agency Pension Fund have collectively allocated $750 million to the start-up, Ownership Capital, for its long-horizon engagement-focused strategy. For The Pensions Trust chief investment officer, the decision to allocate to a specialist […]
Uncategorised posts

Future Fund focuses on finding the best people

Australia’s sovereign wealth fund, the A$101 billion Future Fund, has just upped the stakes in not only attracting the best co-investment deals from fund managers, but in its bid to attract the world’s best investment professionals. Two months ago the fund’s long serving chief investment officer, David Neal, become chief executive in name (following the […]
Uncategorised posts

The cost of bad asset allocation

A study of 300 US pension funds by CEM Benchmarking reinforces the importance of asset allocation, highlighting the performance of asset classes, as well as new evidence on correlations between asset classes. Alex Beath, author of the study, discusses the implications for asset allocation with Amanda White. A CEM Benchmarking study “Asset Allocation and Fund […]
Opinion

Towards a new generation of pension funds in Australia

Numerous surveys suggest that Australians are not completely satisfied with superannuation as it exists today. First, fund members tend to think that they will not have enough to retire and second, that investment plan providers are not necessarily acting in their best interest. In this context, we asked in a recent study supported by AXA […]
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