NBIM approaches water with a filter

Water and how a company manages its exposure to th
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LPPI: Keeping AI risk in check

LPPI: Keeping AI risk in check

As the risk of an AI bubble grows, LPPI's Richard Tomlinson reflects on how the LGPS pool manages and measures AI exposure. In an interview with Top1000funds.com, he also explains how he has been moulding the fund's investment structure to be fit for a post-LGPS reform future.

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HOOPP: Light covenants in private credit are a growing source of concern

The boom in private credit has been accompanied by a spike in lighter covenants, reducing protection and guardrails for lenders says Jennifer Shum, senior managing director, structured and private credit at HOOPP, and warns of mounting risks in private credit.

West Yorkshire prepares to up the pressure on Shell and BP

A new approach to holding the major oil companies to account will see the West Yorkshire Pension Fund, together with a cohort of other UK and European pension funds, demand BP and Shell explain their business plans in a world of declining demand for fossil fuels.

CalPERS board warned of risks in AI investments including China innovation

An investment banking expert has warned the CalPERS board of the risks inherent in AI, emphasising the importance of investors understanding how their exposure to AI is at risk because of Chinese competitors.

Cost, efficiency and less directs: AIMCo’s CIO spells out new strategy

AIMCo's new CIO Justin Lord explains why he is upbeat about investment opportunities and the fund manager's new governance after a tumultuous few years. Prioritising costs, efficiency and cutting back on direct investments in private equity, he articulates the opportunities ahead including in infrastructure and private credit.

NBIM prioritises trading efficiency, AI and culture in three-year plan

The largest investor in the world, Norges Bank Investment Management, is investing in AI to reduce costs, increase trading efficiency, and make better active decisions. The fund has set out its three-year strategy which also includes focusing on targeting managers with more flexibility to express negative views.

Private equity: Arizona’s ASRS argues the case for secondaries

The $50 billion Arizona State Retirement System is pushing into private equity secondaries, actively looking to invest in stakes being overloaded by other LPs, in a strategy that will complement its co-investments program and SMA investments with external managers. It’s looking for opportunities across the US and Europe.

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