An announcement from the editor

Today marks a new chapter for our publication.

For nearly two decades, we’ve provided independent, in-depth journalism on how the world’s largest institutional investors construct portfolios, make allocations and navigate an increasingly complex investment landscape.

We’ve published more than 5,000 stories, connecting you with the thinking, strategies and peers shaping the global investment industry.

That commitment isn’t changing. But from today, access to our journalism will require you to be logged in.

This change helps us protect our original reporting from AI crawling and unauthorised republication, while ensuring we can continue investing in the depth, rigour and specialist journalism you expect from Top1000funds.com.

Registration is simple. Once your account is activated and you’re logged in, you can continue accessing the site as usual.

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Thank you, sincerely, for your ongoing support. And if you have any feedback or ideas for how we can improve, please feel free to get in touch.

For more context on the change, and why we believe it’s important, watch my short video above.

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Letter to the Editor: TPA’s benefits are real, and accessible

Letter to the Editor: TPA’s benefits are real, and accessible

In a Letter to the Editor, Stefano Cavaglia and Donald Raymond argue the reported performance gains using TPA are not only plausible but that TPA-like strategies, such as applying an optimizing total portfolio overlay, can provide significant benefits without massive governance changes.

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European capital markets reform could unlock trillions in investment

Co-president of Apollo's asset management arm, John Zito, said reforms to European capital markets could unlock trillions of dollars worth of investment opportunities as investors seek alternatives to the US market, and Germany and France are key to leading the region's growth narrative.

SWIB: It’s ‘harder for companies to live in public markets’

Public markets aren’t functioning as well as they used to, and more and more asset owners are loading up on private assets in a bid to maintain their returns. But private market managers need to realise that their investors want a true partnership, or risk “a washing out”.

Why MFS president is concerned about ‘long-term washing’

Carol Geremia, president of the Boston-headquartered MFS Investment Management, said “long-term washing" has become one of her biggest worries, with everyone claiming to be a long-term investor while failing to align their investment practices with that goal.  

Why adaptation alone won’t solve the climate change conundrum

Is a narrowly defined transition likely to fail? The Thinking Ahead Institute’s climate transition working group has been exploring this thesis, writes the Institute’s co-founder Tim Hodgson.

Cashed-up CalSTRS positions for opportunities in volatile markets

CalSTRS has plenty of cash as it positions for opportunities emerging out of the current economic volatility. In the longer term, the fund’s asset allocation will continue to move away from global equities into private markets as the dust settles and makes way for more US opportunities.

Norway’s new small cap Nordic-focused SWF keeps capital at home

The Norwegian Parliament has approved $1.4 billion in seed funding for a specialist Nordic small-cap equity fund. It will be overseen by the domestic pension fund, Government Pension Fund Norway, whose CEO Kjetil Houg said its birth chimes with the trend of investors putting more capital to work at home.

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