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.
For someone whose ideas have revolutionised the Dutch pension industry and carried significant international clout, Anton van Nunen strikes a humble tone. Widely credited with pioneering fiduciary management from its infancy, Van Nunen confesses with a chuckle that it is “quite a surprise” that the concept has grown to win over a significant proportion of
You would expect one of the biggest names in global finance to have a sophisticated pension fund, and on that measure the €7-billion ($9.2-billion) contractual trust arrangement (CTA) for Deutsche Bank’s German employees does not disappoint in the slightest. It has carefully engineered a diversified bond-led liability-driven investment (LDI) strategy that is supported by a
The United Kingdom’s Co-operative Group, a chain of food, funeral and financial services outlets, markets itself on a popular loyalty scheme whereby customers earn points that are converted into a profit share, or dividend, directly linked to the group’s annual profits. It’s a founding philosophy that can trace its roots back a hundred years and
Gert Poulsen, chief investment officer of the €3-billion ($3.9-billion) Danish charity Realdania, likes both property and the risk of earthquakes. The connection, Poulsen quickly adds, is not because he welcomes natural disasters, but due to Realdania’s distinctive history. Based in Copenhagen, Realdania was founded in 2000 when Danske Bank, the country’s largest lender, bought the
Strong listed equity returns have seen the €15.8-billion ($20.8-billion) Finnish State Pension Fund, VER, increase the asset class to 40.3 per cent of its portfolio, up from 36.4 per cent at the end of 2011. Timo Löyttyniemi, chief executive of VER, explains that the fund made net equity purchases of $74 million in 2012 while
Namibia maybe one of the youngest countries in Africa but it has nurtured one of the continent’s biggest pension funds into life since gaining independence from South Africa in 1990. The Windhoek-based N$61-billion ($6.8-billion) Government Institutions Pension Fund, GIPF, accounts for over three quarters of Namibia’s entire pension assets and is the only defined benefit
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