CPP: Why doing the right thing in TPA can look like losing

CPP Investments has argued that a TPA portfolio h
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Canada places $1.9 trillion pension pool at heart of global capital pitch

Canada places $1.9 trillion pension pool at heart of global capital pitch

Canada will pitch the partnership with its mammoth pension pool as a key drawcard for global capital to invest in the nation, with Prime Minister Mark Carney set to host top brass from asset management giants at the inaugural Canada Investment Summit this week in the hopes of turning the country’s institutional maturity into an investment advantage.

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Danish investors shun the US but complete divestment ‘unlikely’

Danish pension investors are pulling capital out of US Treasuries amid tensions around Greenland, but a complete divestment from the world’s biggest market will hurt Danish funds’ performance and ultimately their pensioners more than the US government’s balance sheet.

Distinct LP roles drive scale in impact investing market

A new report found large allocators favour established managers for impact mandates due to their track record, while foundations and insurers play a vital role in supporting early-stage managers that need time to develop an institutional grade offering.

Thinking Ahead Institute co-founder exits amid deeper integration with WTW

Tim Hodgson, co-founder of WTW’s Thinking Ahead Institute, has left the prolific research network as it seeks closer ties with the broader consultancy. The network's head Marisa Hall rejected the suggestion of any fundamental restructuring but said TAI needs more resources as it takes on more TPA projects.

NBIM dethrones GPIF to become the world’s largest asset owner

Norway’s sovereign wealth fund is now the world’s largest asset owner according to the Thinking Ahead Institute's annual Asset Owner 100 report, which also outlines the similarities and challenges among top capital allocators globally. 

Sweden’s AP2 and AP6 conflict over PE investments

The Swedish government’s plans to streamline the country’s pension system and merge the $8 billion buffer fund AP6 with its larger and more diversified sibling, the $48 billion AP2, have hit a bump in the road. Major points of contention include AP6's large private equity exposures and staff integration. 

Iceland’s pension funds: Consolidation continues but size of sector a worry

Merger mania continues to grip Iceland’s pension sector, but economies of scale and greater efficiency don't solve the problem of the size of an industry now larger than the country's banking system and insurance sector combined, and more than sufficient to buy all listed investments.

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