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

Like many UK pension funds, Belgium’s KBC Pensio
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 (enhanced features coming soon).
Create your Top1000funds.com subscription account
Already a member

Sign in

Already activated your account? Sign in to continue reading and access your saved articles, preferences and member-only content.

Leave a Comment

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.

Sort content by

CalPERS benefits from income allocation

CalPERS traded $55 billion in fixed income securites last financial year as it implemented its new internal structure apportioning fixed income assets across three groups: treasuries, spread and high yield. The asset class returned 9.6 per cent for the year.

Investors cluster around AI SDG platform

A growing number of influential asset owners have expressed interest in a new sustainable development investment (SDI) Asset Owner Investor Platform launched by Dutch funds APG and PGGM. The AI-driven technology sifts through reams of structured and unstructured data to gauge the extent to which companies’ products and activities meet the UN’s Sustainable Development Goals.

SWFs play important role in Arctic

Sovereign wealth funds can play an important role in investing sustainably in the Arctic region, and warding off the impact of a looming natural disaster, according to the IMF's Udaibir Das.

Asset owners demand more ESG from GPs

ESG is a core expectation of LPs in assessing private equity managers, and some asset owners including AP2 are willing to forego opportunities if a manager is not transparent on ESG, a panel at PRI in Person discussed.

A roadmap for culture and purpose

This third article about the recently released CFA Institute report, the Investment Professional of the Future, looks at a roadmap for investment firms for developing culture and purpose. Specifically the report recommends that firms enhance the employee experience, invest in empowering leadership, and become change-savvy.

Hiding behind diversification

Modern portfolio theory has created the impression that diversification is always a good thing, but asset owners could benefit from a more sceptical attitude. This article suggests over-diversification favours managers at the expense of returns to investors.

Previous