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 board of CalSTRS, the second biggest fund in the US, has three broad research initiatives for the investment team this year: rethinking active versus passive and the mix of internal and external management; commodities; and liability – driven investments. Chief investment officer, Chris Ailman, spoke to Amanda White.
The financial crisis struck as many of the state-owned portfolio companies held by Khazanah Nasional Berdad, Malaysia’s $23 billion (RM82 billion) sovereign wealth fund (SWF), were learning to operate with new executive leaders and, crucially, less gearing. Simon Mumme charts the progress of the manager’s attempts to strengthen and diversify the Malaysian economy throughout the
The £1.03 billion ($1.72 billion) Superannuation Arrangements of the University of London (SAUL) is one of a dwindling number of UK defined benefit plans that is still open to new members. Kristen Paech talks to Penny Green, chief executive of the fund, about the importance of manager selection and the advantages of being an open
Having moved its strategy to a more defensive position in the lead up to the global financial crisis, Cbus, the A$13 billion (US$10.4 billion) Australian pension fund for the construction and building industry, is preparing to put risk back on the table. Kristen Paech talks to investments and governance manager, Trish Donohue about how the
The £3.6 billion (US$5.9 billion) London Pensions Fund Authority (LPFA) chief executive, Mike Taylor, talks to Kristen Paech about the fund’s decision to suspend securities lending after the Lehman’s collapse, and some structural changes that have made it possible to invest on a more opportunistic basis.
Like most defined benefit pension funds, the £2 billion (US$3.27 billion) John Lewis Partnership Pensions Trust is struggling to cope with the funding pressures resulting from the financial crisis. But as pension investment manager Andrew Chapman tells Kristen Paech, bonds are not the solution.
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