Railpen: good partners add skills
When the $37 billion pension fund embarked on a joint venture with the Alaska Permanent Fund and Kuwait's Public Institution for Social Security, it learned the value of complementary partnership
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.
When the $37 billion pension fund embarked on a joint venture with the Alaska Permanent Fund and Kuwait's Public Institution for Social Security, it learned the value of complementary partnership
The $10 billion Textron pension fund lowers fees and increases its influence by backing new product designs with capital. CIO Charles Van Vleet embraces active and some blasts from the past.
Adding nearly two dozen staff and boosting its expertise in order to manage its property and equity assets has paid off in savings – and more importantly control – for the UK’s RPMI Railpen.
CIO of the A$60.4 billion ($46 billion) Victorian Funds Management Corporation, Russell Clarke, discusses adopting centralised portfolio management as part of a quest for continuous improvement.
The $350 billion CalPERS is under time pressure to find the right formula on compensation - competitive but not an incentive for excessive risk - as key investment roles remain vacant.
As the era of double-digit returns winds down, Jim Christensen, head of the $65 billion Queensland Government-owned firm, is having the hard conversations with clients about expectations.
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