The latest performance persistence study by RogersCasey’s managing director, head of global portfolio solutions, Soonyong Park, which incorporates data from the volatile 2008 period, confirms the lack of persistence of returns in the equity asset management universes, and further, that it is more pronounced when long-term results are evaluated.
Nest, the largest workplace pension in the UK, says that private credit managers who prioritise institutional clients will be more favourably viewed. The £61 billion ($82 billion) fund has awarded a £450 million ($605 million) US direct lending mandate to Crescent Capital this month, citing the manager's institutional-client-first approach as a key attraction.
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.
It's possible for private equity investors to add value by integrating ESG. Swedish buffer fund AP1 is tapping the benefits.
Access and analysis of unique data is key to CPP Investments’ active equities team creating “one of the most sophisticated fundamental shops in the world” head of the team Frank Ieraci told the Fiduciary Investors Symposium at Stanford.
The market has already entered the early stages of a multi-year restructuring cycle that will present many opportunities for credit providers. Researchers and investors from GIC, CalPERS and IMCO recommend some organisational changes that will ensure asset owners can make the most of those opportunities.
As CalPERS navigates more change at the top following Nicole Musicco decision to leave, the investment committee ploughs on with an annual review of the public equity portfolio where discussions focus on the factor weighted strategy and engagement on executive pay.
With a new funded policy in place, CIO David Kushner is building a new private markets allocation at COAERS. He explains why private credit evergreen investments make a good starting point for a new private markets allocation that will make up 10 per cent of the fund.
Top1000funds.com is the market leading news and analysis site for the world’s largest institutional investors. It focuses on leading the global investment industry to continuous improvement through case studies of best practice in governance and decision making, portfolio construction and efficient portfolio management, fees and costs, and sustainable investing.
The publication pushes the industry to question whether status quo processes and behaviours to tackle risks and opportunities will be sufficient in the future, and actively campaigns for diversity, sustainability, transparency, innovation and better alignment of fees in the investment industry.
Top1000funds.com is read by investment professionals in more than 40 countries.
Leave a Comment
You must be logged in to post a comment.
Login