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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APG China strategy: In-house with E Fund

APG's capacity to carry out its own research has meant it is ahead of the curve in allocation millions to its first local currency China fixed income strategy. APG is also setting itself up to be a catalyst for change and aims to set new standards on ESG in China.

Helmsley puts liquidity centre stage

The CIO of the Helmsley Charitable Trust, Rosalind Hewsenian, has crafted a straight forward, contrarian strategy with liquidity at its heart.

Most read stories of 2019

This year, we have delivered more than 300 investor profiles and other analytical and research-driven pieces on the global institutional investment universe, and we now have readers at asset owners from 95 countries, with combined assets of $48 trillion.

Sweden’s SISD leads way for GISD

Richard Gröttheim chief executive of AP7 explains why the Swedish Investors for Sustainable Development is a great opportunity to make a difference for the planet and future generations; and why collaboration works.

Gender bias starts at home

The gender gap in modern day companies begins in the preferences of CEOs developed during their own seminal years and produces significant real effects including reduced productivity and company performance according to a new academic study. It gives institutional investors another lever for managing bias, and monitoring company performance.

Hawaii expands CRO strategy

The new CIO at the Hawaii state pension fund is looking for additional sources of uncorrelated return, including hedge funds, and will look to add new managers to the lineup. Sarah Rundell talks to Elizabeth Burton.

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