CPPIB considers impact of size
As the Canada Pension Plan Investment Board gets larger, it is considering how to retain its sizeable private-market holdings with public proxies. It’s a ‘capacity issue’.
Velliv reset: More Danish funds lean into low cost DC model
In Denmark’s fiercely competitive commercial pension industry, Velliv was quick to take action with a root-and-branch overhaul of its pension provision when it experienced a drop in returns in the first half of 2024. It sacked its active equity managers and scaled up internal active strategies and low-cost, index-based investments instead, and stopped allocating to its $4.3 billion alternatives allocation. Thor Schultz Christensen, deputy CIO at Velliv, unpacks the change.
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CalPERS says no to adding leverage
The California Public Employees’ Retirement System announces it won’t be introducing leverage, and gives some details on how it will choose a portfolio in December from the four it’s considering.
Alaska Permanent braces for cash call
Alaska’s APFC faces an uncertain future as state lawmakers consider tapping into it to address budget shortfalls. The potential cash call makes fund CEO Angela Rodell’s job that much tougher.
Nationwide likes private markets
Find out how the UK’s $7.1 billion Nationwide Pension Fund has built its alternatives portfolio from nothing to 20 per cent of its assets, by targeting opportunities larger players won’t touch.
AP1 to up leverage, factor exposure
AP1 has its sights on broader, more efficient diversification, with plans to intensify its focus on derivatives and shake up its approach to hedge funds. We spoke to CIO, Mikael Angberg.
Cambridge hedge fund insight sells
Most of the outsourced CIO clients of Cambridge Associates have aggressive asset allocations, with a tilt towards alternatives and hedge funds. But do the high fees eat into the potential alpha?
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