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.
The London Pensions Fund Authority (LPFA), among the largest of the United Kingdom’s Local Government Pension Schemes, is spearheading a bold idea. The £4.2-billion ($6.74-billion) scheme is pushing the notion of combining with London’s other 34 local authority funds into a single, giant scheme. The $32.13-billion superfund would pack more punch as a single investor,
Received financial wisdom holds that the price of virtue for ethical investors is lower returns. It all depends on the time frame, argues Tom Joy, director of investment for Britain’s Church Commissioners, who manage the Church of England’s £5.2-billion ($8.38 billion) pension fund. The Church Commissioners, as fund managers who are ultimately accountable to God,
For many years Japan has been an insurance-market behemoth and Japan Post Insurance Company is one of the giants with $1.13 trillion. But the industry has not been immune to change. Between 1997 and 2001 seven life insurance companies became insolvent, and there is a question mark over whether it was a low interest-rate environment
In the United Kingdom there are around 1.5 million employers, and it is estimated more than half of them do not offer a pension to their employees. The pension system in the UK is fragmented. There are more than 10,000 mostly defined-benefit plans and, unless you are a government employee or in the high-income bracket,
Last May, when Norway’s Government Pension Fund Global bought 4 per cent of the Formula One motor racing group from private-equity firm CVC Capital Partners, its goal was clear. The sovereign wealth fund, which invests Norway’s oil revenues, wanted the inside track on Formula One’s IPO in Singapore, scheduled for June. Instead, the GPFG’s foray
Institutional investors across the planet are squaring up to changed realities in the wake of the financial crisis. It is difficult though to think of any that has found its operating environment transformed as fundamentally as Ireland’s National Pensions Reserve Fund (NPRF). “Being turned on its head is a fairly accurate way to describe the
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