GMPF prioritises low costs in LGPS pool
The combination of 89 local government pension schemes, (LGPS), into a pool of funds means significant and large direct investment in the UK is possible when pension funds work collectively.
Fairfax County Employees’ Retirement System says its allocation to digital assets has become the best-performing investment in the fund’s history. The $6.3 billion pension plan first invested in blockchain infrastructure and digital assets through venture funds in 2019, and early distributions are now beginning to arrive.
The combination of 89 local government pension schemes, (LGPS), into a pool of funds means significant and large direct investment in the UK is possible when pension funds work collectively.
The US$60 billion Mass PRIM has recalibrated its hedge fund portfolio moving from fund of funds to direct relationships, reducing fees, and using managed accounts. So what’s next?
Long-term investment in real estate, infrastructure and asset based lending, including financing ships and aircraft where traditional bank backers have fled, make up the German fund’s strategy.
Maryland is focused on improving its under-performing absolute return portfolio, reducing the number of managers and looking to new asset classes, including emerging markets and technology.
As the Chilean government tries to settle on a new pension system to replace the one set up by dictator, Augusto Pinochet, AFP Habitat remains set on its own daring path.
AP3 looks to diversify its equity risk through an increase in alternatives. This story explores the evolution of the allocations and how it's tackling illiquidity and volatility.
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