The COVID-19 pandemic brought on one of the shortest recessions in history. Now, as global economies reopen, high levels of exuberance may indicate that there is an inflection point in capital markets. This intimate conversation with the chief executive of one of the world’s largest and most diversified investment managers looks at the outlook for inflation, increased allocations to private markets against the backdrop of negative real yields, and other key considerations in positioning portfolios for the future.
An inflection point: The global investment landscape, where to from here?
Investor Profile
Dutch fund tackles the cost and time of shifting to DC
The clock is ticking for Dutch fund PWRI to transition to a new DC scheme in line with pension reform. Imke Hollander explains why the pension fund is unlikely to invest more in risk assets and flags mounting costs in the transition, particularly in fees paid to advisors.
Sarah RundellApril 23, 2024
Featured Story
Applying a factor approach to total portfolio management
A new report points to the Total Portfolio Approach (TPA) as one way for institutional investors to build more resiliency into their portfolios. Report contributors Derek Walker and Geoffrey Rubin from CPP Investments explain how they apply a factor lens to the process.
Sarah RundellApril 15, 2024
Investor Profile
Denmark’s PenSam introduces new climate index to solve tech tilt
A new climate index at Danish investor PenSam aims to solve the overweight to tech stocks, a common problem for sustainable investors give the sector is low emitting and solving many of the challenges of climate change.
Sarah RundellApril 11, 2024
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
Investor Profile
Fast growing UK DC master trust Smart Pension prioritises tech, low costs
Paul Bucksey, CIO of Smart Pension, the UK's fast growing DC master trust explains why Smart Pension's low cost, technologically advanced model is proving so successful.
Sarah RundellApril 9, 2024
Investor Profile
Germany’s MetallRente ups risk, gains beneficiary enthusiasm
MetallRente, the risk-averse German pension fund for workers in the metal and electrical industries, now offers an equity allocation in its conservative direct insurance option. The chance to tap the capital markets for higher returns has been enthusiastically taken up by beneficiaries, says managing director Hansjoerg Muellerleile.
Sarah RundellApril 8, 2024
Organisational Design
Size and flow dispersion motivates fund-specific investment models in Oz
Recent research by The Conexus Institute identifies significant dispersion in the operating environment for Australia’s superannuation funds. Here they consider the impact on fund investment models including internalisation, private assets and offshore investment teams.
David Bell and Geoff WarrenApril 4, 2024