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Long term lens shields Colorado from private credit jitters

As concerns in private credit mount, Colorado PERA CIO and COO Amy McGarrity says the pension fund isn’t seeing any strains in its growing allocation to the asset class, arguing that long-term investors are shielded from the risks because they can lock up their capital to weather market cycles.

Canada to allow retail contribution to new SWF

Canada has established its first national-level sovereign wealth fund with a seed of C$25 billion ($18.3 billion) to underwrite “nation-building” projects like ports, mines and energy infrastructure. In an unusual funding mechanism, the fund will issue a retail product that will allow individual investors to invest with the SWF and “participate in Canada’s growth”.

PKA ups the risk; builds out infrastructure

PKA, one of Denmark’s largest pension service providers, is exploring whether to increase its risk budget by 10 per cent to boost returns. Michael Flycht, deputy director of equities and liquid alternatives at PKA, outlines why the fund is achieving this objective via leverage rather than direct exposures, and where it's allocating towards in hedge funds and infrastructure.

NPS raises hedging ratio as Korea’s capital outflows weigh on won

South Korean investors’ pursuit of offshore investments has become a significant source of won weakness and triggered a shift in hedging rules for the $1 trillion National Pension Service. With an overseas asset exposure greater than Korea’s national foreign reserves, NPS’ move demonstrates the scale of impact FX risks can have on portfolios.

Balancing act: How investors can navigate pressure to invest more at home

As pension funds face growing pressure to invest more at home, investors face a balancing act between supporting long-term national interests and their fiduciary duties to beneficiaries. Investors call for policy incentives, not mandates, and transparency, not constraints.

‘AI-washing’ risk grows as tech due diligence on managers lags

The pace of change in AI models poses a significant challenge to the due diligence frameworks employed by asset owners, whose own ability to adapt is being outstripped by the technological advancements they’re being asked to assess.

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