Compenswiss: The due diligence process behind a new private debt allocation

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Inside the year-and-a-half-long review into ATP’s complicated portfolio

Inside the year-and-a-half-long review into ATP’s complicated portfolio

Danish pension giant Arbejdsmarkedets Tillægspension (ATP) has been urged to cull risk, establish formal portfolio benchmarks and reduce private markets exposures, according to an external review committee which handed down a 536-page report into the fund’s investment operations after an 18-month review. Following the release of the report by the board this week, co-author of the review Andrew Ang unpacks the findings with Top1000funds.com.

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IMCO uses nimbleness to advantage

Meticulous planning for the next market crash, and an eye on liquidity, meant IMCO was well positioned to invest, particularly in credit, when the opportunity arose. The fund continues to use its agility to its advantage and is now looking for opportunities in private markets.

AP4’s future: nimble and low cost

The Swedish buffer fund AP4’s high allocation to equities has meant its record annual return in 2019 has come tumbling down to a first half result of -2.5 per cent. But its very low cost and nimble nature positions it well for the future.

Volatility top of mind at NYCERS

John Adler has been chief pension investment advisor to New York City Mayor Bill de Blasio since 2015 and sits on the board of four of the five New York City retirement systems. He spoke to Amanda White about the most pertinent conversations around the board tables, the outlook for the five city plans, and the complex job of balancing politics, pensions and investments.

Strategy at Canada’s newest pension plan

Barbara Zvan started her job last week as the inaugural CEO and president of UPP, the new pension fund that will pool three existing Canadian university pension funds. She talks to Amanda White about the plans for the fund including the mix of internal and external management.

CPP Investment’s COVID journey

In this Fiduciary Investors Series podcast Amanda White talks with Geoffrey Rubin, chief investment strategist at CPP Investments, which manages the investments of Canada’s largest pension fund with about C$410 billion of assets.

Active ESG focus pays at Norway’s OPF

Active equity has been the main driver of performance at Norway’s biggest municipal pension fund, the $11 billion Oslo Pensjonsforsikring, which uses the same exclusion list as Norway’s giant $1 trillion sovereign wealth fund.

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