Fairfax County Employees’ Retirement System says its allocation to digital assets has become the best-performing investment in the fund’s history. The $6.3 billion pension plan first invested in blockchain infrastructure and digital assets through venture funds in 2019, and early distributions are now beginning to arrive.
Since splitting from its former inhouse manager, Hermes, the £50 billion British Telecom Pension Scheme has set about redefining itself. With a self-reliance borne of technology, the fund has brought portfolios and functions inhouse and started a bigger push into mature infrastructure.
The $17.4 billion Danish fund for academics is emphasising all three letters in ESG. Its portfolio is shedding fossil fuels as it advocates for diversity and plots a new sustainable strategy.
The C$60 billion ($48 billion) Investment Management Corporation of Ontario, the latest kid on the block in Canada’s pension scene, is planning its asset allocation 2.0, which will involve more private and direct investments, more internalisation and lower costs. Amanda White spoke to chief executive Bert Clark and chief investment officer Jean Michel.
PennPSERS has announced it pays its private equity GPs about 20 per cent of investment profits. The reveal from the $56.7 billion public pension fund, which came after a laborious process involving 500 staff hours, expands on its commitment to transparency.
The $64.9 billion Alaska Permanent Fund’s new CIO interviewed for the role while the public watched and listened. A history of transparency at APF defies sovereign funds’ reputation for secrecy.
The $1.4 trillion Japanese fund will use deep-learning technology to monitor and evaluate the styles and processes of managers more effectively and pressure them to adopt high-tech tools.
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