Tough climate marks value in governance
The link between better governance and stronger returns lies somewhere between faith and fact; however, in a historically tough climate, the argument for best practice seems overwhelming.
APG has successfully shifted its smaller pension fund clients to the new defined contribution pension system and now begins the huge task of moving the giant ABP as well. The defined contribution system has many implications including shedding more than 1000 staff at APG and moving investments more into riskier assets.
The link between better governance and stronger returns lies somewhere between faith and fact; however, in a historically tough climate, the argument for best practice seems overwhelming.
New research has found that organisations and teams with more altruistic motivations for working in the investments industry are also more likely to deliver superior long-term returns.
ILPAs private equity fee template has gathered momentum, with some funds like New York State Common Fund making fee disclosure via the template a condition of investment in all new PE investments
Gender diversity is only part of the story when it comes to creating a robust and diverse investment culture. Clare Armstrong writes how Mercer keeps its teams on track for the best outcomes.
Maryland is focused on improving its under-performing absolute return portfolio, reducing the number of managers and looking to new asset classes, including emerging markets and technology.
Created two years ago when two of Finland’s largest pension funds merged, the country’s “new kid on the block,” Elo, is building its in-house capabilities.
Organisational Design