HESTA maps investments against SDGs

The A$50 billion superannuation fund for health ca
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Asset Owner:HESTA Super Fund

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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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ESG: Engagement, stock picking and investment team expertise key at AP4

Engagement, stock picking and ensuring every investment team has its own sustainability expertise have been key to integrating ESG at AP4, explains chief executive Niklas Ekvall.

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A focus on partnering with specialist, differentiated, active managers with help from “the best board in America” has generated more than 200 basis points a year for TIFF. Amanda White looks at the fund’s approach to manager sourcing and the opportunities for alpha in a tough investing environment.

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As he prepares to put more money to work in private markets, New Mexico’s new CIO Michael Shackelford discusses why he is paring back on risk parity and removing private credit hedge funds, and his preference for open-ended funds.

Equities allocation damaging biodiversity: Ilmarinen study

A recent biodiversity risk analysis at Ilmarinen, Finland’s €60 billion pension insurer, found one third of the companies in its listed equities portfolio have a damaging impact on biodiversity. The study is part of a push to integrate biodiversity into its investment processes.

Why AP4 invests with emerging hedge fund managers

In contrast to other investors, AP4 invests the vast majority of its hedge fund allocation with emerging managers in a strategy it believes taps both outperformance and lower fees. We look at how it spots talent and what strategies it focuses on.

Maryland’s Andrew Palmer on why policy risk is his number one concern

Andrew Palmer, CIO of Maryland State Retirement and Pension System, explains why he puts a policy mistake and the Fed raising interest rates too high at the top of his list of concerns and what it means for how he allocates assets.

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