Managing volatility and inflation: Constant rebalancing shores up UK’s lifeboat fund

The £31.2 billion Pension Protection Fund runs o
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CalPERS’ private markets chief: TPA won’t disrupt PE commitment pacing

CalPERS’ private markets chief: TPA won’t disrupt PE commitment pacing

Anton Orlich, CalPERS' newly minted deputy chief investment officer for private markets, says the fund’s July adoption of the total portfolio approach will not impede the private equity strategy launched in 2022, arguing that short-term relative-value calls made under TPA would be expressed in liquid markets and not by oscillating commitments to private markets. In an interview with Top1000funds.com, Orlich unpacks the asset class’s four-year transformation.

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TIFF shapes new strategy for returns

The Fund for Foundations’ new strategy relies on strong manager selection with increased equity allocation and diversification. The fund is hiring managers in equities and hedge funds.

SWIB sits out the long winter

SWIB is in unprecedented territory with half of the fund’s assets in passive strategies. But it is building a portfolio of hedge funds and an internally managed, multi-asset division.

West Midlands welcomes pooling

West Midlands is benefitting from savings through boosting in-house management, and is keen to build its allocation to infrastructure. It welcomes the prospect of wider resources and economies of scale from pooling with other local authority schemes.

Alaska’s ongoing internal push

Alaska Permanent Fund will focus on smart beta strategies as it seeks to further increase in-house management. It will also develop income-generating strategies away from traditional fixed income, leveraging its size and infinite investment horizon in competing for US infrastructure and real estate assets.

Oregon’s evolving strategy

Oregon State Treasury has undergone material change to its structure and process evolving its investment strategy and techniques including smart beta, private equity and internal management.

PFA poised for alternatives assault

Alternatives the focus for Danish fund PFA, under the guidance of Henrik Nohr Poulsen who joins from Industriens Pension.

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