MN: A new private debt allocation that integrates ESG

MN, the €175 billion ($190 billion) Dutch fiduci
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Asset Owner:MN

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USS takes advantage of dislocations

USS takes advantage of dislocations

The largest single pension scheme in the United Kingdom, USS, took advantage of the dislocation due to COVID in 2020 and has bought credit assets and increased inflation and interest rate hedging.

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Why credit ratings need to reflect ESG

ESG relevance scores and ESG-dedicated sections in ratings commentaries are examples of how ratings agencies are addressing demand for analysis of such risk factors in fixed income, the PRI’s Carmen Nuzzo says. Managing data for good comparisons will be a challenge going forward.

Centrica builds in capital preservation

The $11.2 billion UK-based pension fund has made bold moves into frontier markets and active strategies but is more interested these days in defensive strategies, as it prepares for a downturn.

OPTrust ready to jump on bonds

Staying fully funded is priority for the C$20 billion OPTrust, reflected in everything from the name of its annual report to its scaling down of equities, to manoeuvring for high-yield debt.

Strathclyde cuts equity allocation

The UK’s largest public pension fund is de-risking its successful equities portfolio and looking to private debt, emerging-market debt, global credit and UK infrastructure to fill the void.

Alternative credit on LD’s short horizon

In 2017, Denmark LD chief financial officer Lars Wallberg plots a push into unlisted credit, complementing a key exposure to environmental services, to manage his fund’s maturing profile.

HOOPP fully invested in the future

HOOPP is in an extraordinary position of being 122 per cent funded. It continues to focus on innovative investments - such as credit derivatives - as a way to achieve its pension promise.