SWIB sits out the long winter
SWIB is in unprecedented territory with half of the fund’s assets in passive strategies. But it is building a portfolio of hedge funds and an internally managed, multi-asset division.
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.
SWIB is in unprecedented territory with half of the fund’s assets in passive strategies. But it is building a portfolio of hedge funds and an internally managed, multi-asset division.
West Midlands is benefitting from savings through boosting in-house management, and is keen to build its allocation to infrastructure. It welcomes the prospect of wider resources and economies of scale from pooling with other local authority schemes.
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 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.
Alternatives the focus for Danish fund PFA, under the guidance of Henrik Nohr Poulsen who joins from Industriens Pension.
Sweden’s SPP Livförsäkring is shifting its allocation in favour of more illiquid assets, and alternative risk premia, to escape enduring low interest rates.
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