QSuper looks beyond benchmarks in remaking investment strategy

QSuper is re-inventing itself. On the eve of marki
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TfL Pension Fund: A bespoke benchmark in Bridgewater mandate strikes gold

TfL Pension Fund: A bespoke benchmark in Bridgewater mandate strikes gold

Transport for London Pension Fund styled a bespoke benchmark to gold in its Pure Alpha mandate with Bridgewater. It has added hundreds of millions of pounds to the portfolio, says chief investment officer Padmesh Shukla. In a wide-ranging conversation, he also explains the rationale for reducing equity to just 18 per cent of the total fund and why emerging markets aren't offering the diversification or returns they used to.

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PSP addresses low growth, low returns

One of Canada’s largest pension funds, PSP Investments, is addressing low growth and low returns by pursuing platforms and private debt in the race to create new investment opportunities.

Church of England ups ante in ethical drive

Now responsible for implementation of the Church of England’s Ethical Investment Advisory Group recommendations, Edward Mason has only just begun to push the church’s brand of responsible investment and increasingly bold ethical purpose.

TIFF shapes new strategy for returns

The Fund for Foundations’ new strategy relies on strong manager selection with increased equity allocation and diversification. The fund is hiring managers in equities and hedge funds.

SWIB sits out the long winter

SWIB is in unprecedented territory with half of the fund’s assets in passive strategies. But it is building a portfolio of hedge funds and an internally managed, multi-asset division.

West Midlands welcomes pooling

West Midlands is benefitting from savings through boosting in-house management, and is keen to build its allocation to infrastructure. It welcomes the prospect of wider resources and economies of scale from pooling with other local authority schemes.

Alaska’s ongoing internal push

Alaska Permanent Fund will focus on smart beta strategies as it seeks to further increase in-house management. It will also develop income-generating strategies away from traditional fixed income, leveraging its size and infinite investment horizon in competing for US infrastructure and real estate assets.

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