Equity risk premium appears intact

Investors should expect to continue to earn an equ
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Rest Super’s selective approach to PE pays off as program comes of age

Rest Super’s selective approach to PE pays off as program comes of age

A concentrated bet on fewer, better GP relationships is paying off for one of Australia's largest superannuation funds. Built on selective manager and deal selection rather than a broad roster, the A$112 billion ($78 billion) Rest Super delivered private equity returns more than double the peer average last financial year, as the fund proactively courts top-tier PE firms instead of waiting to be approached.

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PSP addresses low growth, low returns

One of Canada’s largest pension funds, PSP Investments, is addressing low growth and low returns by pursuing platforms and private debt in the race to create new investment opportunities.

Investor pressure on fees

Recent institutional investor pressure is changing the nature of private equity transparency and reporting of fees. An in-depth analysis of the changes.

Alaska’s ongoing internal push

Alaska Permanent Fund will focus on smart beta strategies as it seeks to further increase in-house management. It will also develop income-generating strategies away from traditional fixed income, leveraging its size and infinite investment horizon in competing for US infrastructure and real estate assets.

Oregon’s evolving strategy

Oregon State Treasury has undergone material change to its structure and process evolving its investment strategy and techniques including smart beta, private equity and internal management.

SPP moves in as banks move out

Sweden’s SPP Livförsäkring is shifting its allocation in favour of more illiquid assets, and alternative risk premia, to escape enduring low interest rates.

Equities sell down

To better manage downside risk, the second-largest UK local government pension scheme has a plan to gradually alter its equity allocation.

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