Japan’s Government Pension Investment Fund will soon look to expand its alternatives database project, which evaluates the performance of private markets GPs, to cover more funds. Director of research and analytics speaks with Top1000funds.com on how the $2 trillion pension giant will position the system as its first point of reference for private market manager due diligence.
Peter Wallach, head of the United Kingdom’s Merseyside Pension Fund isn’t overly worried about the recent fall in equities. “Markets are being driven by liquidity from central banks; this is more about central banks just needing to reassure investors,” he says. “It is bonds, to our mind, that are over-valued in the medium to long
A solvency ratio of 157 per cent is a clear mark of success for a pension fund at a time when so many are battling deficits. Remarkably, Sweden’s SEK90-billion ($14 billion) KPA Pension has gained this funding cushion without fully embracing the range of new asset classes or strategies often touted as the solution to
In organisational terms there isn’t a stone unturned at University of Toronto Asset Management (UTAM). The organisation has a new board, new staff, new risk and reporting systems and has restructured its portfolios, including a new policy portfolio. Where previously the assets were managed in a traditional method, with public market assets and alternatives allocated
Geraldine Leegwater, ABN AMRO Pensioenfond’s director, talks about her fund’s investment strategy process with a matter-of-factness that possibly belies how far it has moved established ground. While Leegwater sees logic at every vantage point behind the changes that she helped to introduce at the Dutch banking giant’s €18-billion ($24-billion) fund in 2007, she skips from
Bavaria is known as the most independent-minded of Germany’s regions, and the pension fund of Bavarian chemical multinational, Wacker, has shown definite divergence from the norm by shedding its holdings of German government bonds. It is not just German paper – which has seen yields on 10-year bonds below 2 per cent for more than
The offices of Nigeria’s biggest pension fund manager sit at the end of a quiet side street on Victoria Island, Lagos’s bustling financial capital. Inside Stanbic IBTC’s aptly named Wealth House, indicative of Nigeria’s growing savings culture, a throng of customers jostle to query staff on pension matters. Four flights up, 48-year-old chief executive Demola
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