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 C$43 billion ($38 billion) Ontario Municipal Employees Retirement System (OMERS) has been granted expanded powers by the Ontario government to provide third-party investment and pension administration services, and is at various stages of discussion with a number of plans to provide investment management services.
Setting its commercial finance joint venture with General Electric (GE) in stone last Sunday, the US$14.7 billion Mubadala Development of Abu Dhabi furthered its drive into investments designed to boost its home economy through knowledge transfer, from resources exploration and production and education, to the ultimate commodity hedge: a sustainable city founded in the desert.
PME, the €18.8 billion (US$25.6 billion) industry-wide pension fund for the mechanical and electrical engineering sector in the Netherlands, has seen its funding ratio fall 45 per cent over the last year. Kristen Paech talks to the fund about its recovery plan, including the decision not to rebalance equities, and the benefits of using a
As global markets nosedived and its initial investments soured, the China Investment Corporation (CIC) took the opportunity to reorganise its investment operations and focus on less risky investments at home and in Asia. Simon Mumme reports.
Ireland’s €15.5 billion (US$20.6 billion) sovereign wealth fund, the National Pensions Reserve Fund (NPRF), has been highly exposed to the equity market malaise. Kristen Paech examines the fund’s investment strategy and the Government’s recent decision to use the NPRF to finance the recapitalisation of two of Ireland’s beleaguered banks.
The 21.7 billion (US$28.7 billion) Ilmarinen Mutual Pension Insurance Company is adopting a ‘back to basic’ approach to investment and relying on its internal investment team to steer it through unprecedented equity market volatility. Deputy chief executive, Timo Ritakallio, talks to Kristen Paech about the virtues of in-house management.
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