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The holy grail in the £8 billion ($11.1 billion)
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ART property boss: Investors were wrong to think real estate was easy

ART property boss: Investors were wrong to think real estate was easy

Australian Retirement Trust real estate head Mark Lee says the COVID downturn exposed that treating real estate as an easy asset class was a crucial mistake from investors, and property is not just a “bond replacement with a slightly higher yield”. As the A$20 billion portfolio prepares to double in five years, Lee says future returns will depend increasingly on investors’ ability to “sweat the assets”.

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UTAM favours equities, private credit

The University of Toronto Asset Management Corporation adopts passive moves into US equities, active allocations to international shares and select opportunities in private credit markets.

Ford Foundation seeks social returns

The Ford Foundation has committed $1 billion over 10 years to mission-related investment strategies that earn financial and social returns, challenging others to adopt the same approach.

Norges’ 1-stop shop for risk data

Norway’s Norges Bank Investment Management has developed a one-stop shop that puts sustainability and financial risks in one place for more comprehensive analysis of its portfolio.

LPP’s pooling ahead of the game

LPP’s chief investment officer is convinced proper governance is the key to fund collaborations. He has Lancashire County and London pensions on similar paths and has bulked up in-house prowess.

OPERS keeps it simple and succeeds

OPERS’ successful formula continues to prioritise traditional investment – with passive strategies in equities and bonds – over private markets and active, skills-based approaches.

AP4 chief targets yield, alternatives

The new head of Sweden’s AP4, Niklas Ekvall, is seeking opportunities in emerging-market debt and alternative assets, while looking to expand on an already lauded ESG integration.

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