Railpen reaps benefits of in-house team
Adding nearly two dozen staff and boosting its expertise in order to manage its property and equity assets has paid off in savings – and more importantly control – for the UK’s RPMI Railpen.
Adding nearly two dozen staff and boosting its expertise in order to manage its property and equity assets has paid off in savings – and more importantly control – for the UK’s RPMI Railpen.
The $350 billion CalPERS is under time pressure to find the right formula on compensation - competitive but not an incentive for excessive risk - as key investment roles remain vacant.
The $204 billion Florida State Board of Administration has decided today's market is overpriced and is unloading private equity and real estate to re-deploy capital for higher long-term yields.
The $71.9 billion Mass PRIM pores over the numbers to be sure it pays active managers only for skill. That's just one way it uses intense analysis to deliver.
The $29 billion Employees Retirement System of Texas will add to its alternatives portfolio over four years and wants small managers to represent 10 per cent of its active mandates.
Canada's AIMCo is pushing innovation further, taking ownership stakes in energy groups and hedge funds, and going after private equity with renewed gusto.
In-house Investments