FIS Stanford 2024
Investor Profile
AP2, AP6 merger on track; currency impacts returns
In a big year, AP2 introduces a new asset management model and completes the integration of sister fund AP6 but the fund's 2025 return feels the impact of a strong SEK on its global portfolio. Eva Halvarsson, AP2's outgoing CEO, discusses the allocation and mandate changes and opportunities it presents.
Sarah RundellMarch 3, 2026
News
Texas Teachers’ CIO questions TPA, DAA value-add
Chief investment officer of the $225 billion Teacher Retirement System of Texas Jase Auby has voiced reservations about the total portfolio approach, particularly regarding the robustness of its central feature, the top-down decision-making process. He also outlined why the fund doesn’t consider dynamic asset allocation a durable source of alpha.
Darcy SongFebruary 19, 2026
Investor Profile
Complexity to clarity: How AP4’s tech overhaul slashed risk and costs
A new investment management platform at Swedish buffer fund AP4 has taken almost ten years to come to fruition. Increased efficiency, lower costs and risk make it worth the wait, says head of risk and operations Nicklas Wikström.
Sarah RundellFebruary 18, 2026
Partnered Content
Infrastructure investors look beyond US to capture Europe’s green premium
Europe, buoyed by a new competitiveness roadmap and its ongoing commitment to the climate transition, is set to attract more institutional capital, IFM’s latest research shows.
Brendan SwiftFebruary 18, 2026
Infrastructure
Aware Super mulls return to infra funds; builds AI-driven data edge
Aware Super is considering a return to infrastructure funds after years of favouring direct investments. The infrastructure allocation currently stands at $15 billion and the fund sees benefits to access a “broader set of offerings” and opportunity sets via fund commitments to GPs, its head of infrastructure Mark Hector says.
Darcy SongFebruary 17, 2026
Podcasts
Treasurer Steiner on Oregon’s private equity future
Top1000funds.com editor Amanda White speaks to Oregon State Treasurer, Elizabeth Steiner, about the future role and expectations of private equity, how a maturing of the asset class puts pressure on returns, and the private/ public asset mix in the fund’s four-yearly asset allocation review which has just begun.
Top1000funds.comFebruary 17, 2026
Organisational Design
Why asset owners should not outsource innovation
Asset owners have traditionally counted on external asset managers to pursue bold innovations rather than stretching their limited internal resources to do so. But leading Stanford academic Ashby Monk has warned in a new paper that this long-standing model is distilling short-term thinking in pension management.
Darcy SongFebruary 13, 2026