Posting bonds not cash as collateral: Belgium’s KBC on LDI

Like many UK pension funds, Belgium’s KBC Pensio
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US endowment returns rocket on SpaceX windfall

US endowment returns rocket on SpaceX windfall

Early venture bets on SpaceX have ballooned into major portfolio positions at some US university endowments, with new analysis estimating the aerospace firm contributed as much as 10.6 percentage points to annual returns. Michael Markov, founder of US quantitative researcher Markov Processes International, says the windfall is now creating a concentration risk that investors cannot ignore.

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A new SAA at Connecticut allocates more to risk assets in manager shakeup

Since joining the Connecticut retirement plans as CIO just under two years ago, Ted Wright has developed a new strategic asset allocation that has bumped up the allocation to private assets. Top1000funds.com talks to him about risk budgets, a manager shakeup and diversity.

Norway’s Ministry of Finance warns ESG may get more challenging

Democratic erosion, protectionism, inter-country r Continue Reading Access the full content on Top1000funds.com Join the global institutional investment platform read by the world's largest asset owners, fund managers and consultants. New here Create an account Complimentary to register. We'll verify your details and grant access to the archive, our newsletters and the Asset Owner Directory

West Virginia CIO fears anti-ESG politics threaten fiduciary independence

Like many other US pension funds, West Virginia Investment Management Board’s (IMB) proxy vote has been a lightning rod for anti-ESG sentiment. CEO/CIO, Craig Slaughter explains why he fears recent legislative changes could herald the beginning of a threat to the fund's fiduciary independence.

Reversal of investment themes demands investors change their assumptions

Investors are currently facing the end of uncertainty around assumptions they have made for decades, and need to shore up their portfolios with greater inflation protection, more active management, and by fostering innovation, according to chief strategist at the Investment Management Corporation of Ontario.

Why comply with the CFA Institute global ESG disclosure standards

Paul Andrews, managing director for research, advocacy, and standards at CFA Institute, outlines why market participants should embrace the Global ESG Disclosure Standards for Investment Products.

PGGM’s private equity priorities: Impact, Paris-alignment and co-investment

After four years as CIO at ABP, Diane Griffioen has joined PGGM as head of private equity where her focus is on driving Paris-alignment, impact and co-investment across the €23 billion portfolio.

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