NEST into infrastructure and property

The National Employment Savings Trust, NEST, the U
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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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TPA just a new acronym for ‘common sense’: Pennsylvania PSERS CIO

As CalPERS becomes the first US pension fund to adopt a total portfolio approach, Ben Cotton, CIO of $80 billion Pennsylvania PSERS suggests TPA is just another acronym for something investors should already be doing: making decisions for what is best for the whole portfolio.

APG private markets CIO articulates the value of being based in Asia

Dutch investor APG is showing its deep commitment to Asia by installing its chief investment officer of private markets in the Hong Kong office, a prime location from which to proactively source opportunities. The fund outlines its plan to increase allocation in infrastructure and private equity while integrating impact themes.

CPP Investments, NBIM reflect on lessons from a 5-year transparency journey

The Global Pension Transparency Benchmark has been a driving force in improved transparency of disclosures and reporting among global asset owners. As the project comes to its close after five years, two leading funds reflect on why transparency has been a clear focus for their organisations. 

NEST’s private markets strategic review includes manager scrutiny

NEST is conducting a strategic review of its private markets allocation to ensure the program – launched in 2020 – is still capturing a liquidity premium for its young member base. Its private market head explains the key seams including no performance fees and evergreen structures to monitor deployment.

UK corporate DB consolidation: TPT throws its hat in the ring

Trustees and employers overseeing the UK’s 5,000 corporate pension plans, which hold an estimated £1.2 trillion ($1.6 trillion), have another option to help manage their defined benefit assets following TPT Retirement Solutions' proposal for a new superfund that will access managers through a fund-of-funds structure.

Fordham University dials up growth equity, cools on private credit

Fordham University CIO Geeta Kapadia is cutting back on private credit, calling it an asset class “less able to financially engineer returns” in a higher-rate world. She’s instead redirecting the $1.1 billion endowment to venture and growth equity and entrusting larger mandates to a smaller roster of high-conviction managers.

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