What past market crashes teach us

Exploding Fluorescent Tube on Black Background

As economies around the world grind to a halt in r
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Ohio STRS warns of higher US recession risk; prioritises liquidity

Ohio STRS warns of higher US recession risk; prioritises liquidity

The State Teachers Retirement System of Ohio has warned of a “material” increase in US recession risk compared to last year as the fund braces for a wider, “negatively skewed” distribution of outcomes in the next 12 months. It came as the mature plan, which is 81 per cent funded, is tilting to fixed income and new asset classes like liquid alternatives over equities.

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A strict Régime

Tight controls dictate strategy at the French public service pension scheme – including a commitment to socially responsible investing – but diversification options have increased.

AustralianSuper CIO Mark Delaney

Mark Delaney sees an opportunity to make money from Brexit and a bright side to the tumult of US President Donald Trump.

NZ Super pares back tilts

New Zealand Super has pulled back its strategic tilting positions for the first time. The fund now sees better opportunities for active risk in unlisted assets such as timber and distressed debt.

Calm under fire; REST’s Brendan Casey

As adept at giving orders as taking them, REST's Brendan Casey juggles his dual careers in military and investment operations with aplomb.

Hedge funds pruned again

The $12.5 billion School Employees Retirement System of Ohio plans to cut its hedge fund allocation, which struggled last year. However, CIO Farouki Majeed says the asset class is bouncing back.

Coal pension burns for cash flow

Coal Pension Trustees Services includes a sizeable allocation to equities and is making a move into illiquid sectors such as shipping assets – ‘floating property’ – to generate cash flow.

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