Denmark’s ATP defends risk parity despite worst loss ever
Mikkel Svenstrup, CIO of Danish fund ATP, defends risk parity despite posting the worst results in the fund’s history.
Crypto not suitable for fiduciaries, but opportunities in underlying tech
Cryptocurrencies do not live up to the investment hype and offer nothing but enormous volatility to institutional portfolios, according to PGIM’s mega-trend research team.
LGPS Central balances internal management vs net of fees performance
Mike Weston, CEO of LGPS Central is spearheading a push into illiquid and inflation proof assets. Although Central is all set up to manage assets internally, the latest batch of mandates will be externally managed reflecting the asset manager’s strict guidance around net of fees performance.
Warnings increase as rising rates puts LDI under strain
The number of warning voices increases as rising interest rates puts pressure on LDI strategies, forcing more pension funds to sell assets to maintain leverage levels.
NEST comes of age
The fast-growing UK DC fund, NEST, is reviewing its objectives and so how it allocates assets. Amanda White spoke to deputy CIO, Elizabeth Fernando about the implications for investments.
‘ESG’ strikes a nerve, why it shouldn’t
Dave Zellner, chief investment officer of Wespath Benefits and Investments, directly addresses the recent anti-ESG narrative, explaining Wespath’s approach which means no political affiliation but assessing the risks and opportunities related to ESG factors.
