USS goes direct in private markets

The fortunes of the United Kingdom’s largest pen
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ART property boss: Investors were wrong to think real estate was easy

ART property boss: Investors were wrong to think real estate was easy

Australian Retirement Trust real estate head Mark Lee says the COVID downturn exposed that treating real estate as an easy asset class was a crucial mistake from investors, and property is not just a “bond replacement with a slightly higher yield”. As the A$20 billion portfolio prepares to double in five years, Lee says future returns will depend increasingly on investors’ ability to “sweat the assets”.

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SWIB’s priorities in a tougher investment landscape

Edwin Denson, executive director and CIO at State of Wisconsin Investment Board talks to Top1000funds about changes in investment strategy, noting that active management, and the need to take on more risk for the same return are guiding principles.  

QSuper and Sunsuper merge to form new institutional giant

The long awaited merger between the two Australian super funds, QSuper and Sunsuper, came into force on February 28, creating Australia’s second largest super fund. The newly formed A$220 billion Australian Retirement Trust is aiming to double its size by the end of the decade, according to CEO Bernard Reilly.

Sweden’s recipe for success: Active, low cost, ESG

CEOs at Sweden's four buffer funds link stellar returns to low costs, sustainability and active management.

PMT builds out its ESG screening and engagement program

PMT, the Dutch fund for metal and technical workers, has just increased the screens guarding its equity and bond allocations from ESG laggards. It is also increasing its engagement with companies to try and build climate awareness.

Railpen: Why internally run engagement makes the difference

Railpen, well known for its belief in the cost and control benefits of inhouse management visible in its large in-house team has also built up an internal engagement team to better align stewardship with its ESG objectives, particularly ambitious net zero targets.

CalSTRS’ cautious outlook

CalSTRS' long-time CIO, Chris Ailman, is cautious about the outlook for markets with his "spider senses" working over time trying to understand the hidden risks in the economy. He told Amanda White the fund will focus the year on allocating to diversifying strategies and climate solutions.

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