Stable value at TRS proves ballast in extraordinary times

The Texas State Capitol building in Austin

Texas Teacher Retirement System, the $211.6 billio
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Are Canada’s pension bosses paid too much?

Are Canada’s pension bosses paid too much?

Canada's public pension funds pay their executives huge salaries. But as performance continues to trail benchmarks, salary levels are coming under more scrutiny. Sarah Rundell takes a deep dive into the complex world of how to incentivise and reward pension fund executives.

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Lessons in LDI: It can’t be managed on autopilot

Chaos in the UK gilt market has put LDI strategies under unprecedented pressure. Pension funds need to re-evaluate their hedging levels before the BofE removes support.

Kotkin: China bears may have been right about Western resilience

ESG-focussed investors are having a hard time justifying their China exposure to boards. They will need to develop new narratives if they want to stay in the China game, argues historian Stephen Kotkin.

Lack of outcomes shows organisations don’t value racial equity

The disparity between asset owners’ pronouncements on racial equity, and the extremely low number of diverse managers, shows diversity has yet to be embraced.

Behind HOOPP’s stellar results and its biggest risks

As HOOPP chief investment officer Michael Wissell celebrates one year in the job, Amanda White spoke to him about the sources of return for the fund’s excellent performance, its world-leading funded status, the evolution of the investment allocations and the fund’s biggest risks.

South Africa’s GEPF feels inflation’s impact

Sifiso Sibiya, head of investments at GEPF, explains his strategy to stop inflation battering the portfolio. But while GEPF has the ability to diversify more, the pension fund is still overwhelmingly exposed to the South African economy.

Climate geo-engineering: the benefits and risk of tech intervention

Humans will have to directly cool the earth’s climate through technological interventions if we want to undo the warming that has taken place due to human emissions, according to physicist, climate policy expert and author, David Keith.

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