A new Global Pension Transparency Benchmark – the first formal collaboration between Top1000funds.com and CEM Benchmarking – will launch in February 2021 ranking countries, via their underlying pension funds, on four factors: governance and organization; performance; costs; and responsible investing.
As geopolitical risks increasingly stalk developed markets, asset owners sifting through the noise for long-term trends believe a fragmented world is here to stay. We spoke to CalSTRS, OPTrust, PFA and USS about the impact on their portfolios.
In this Fiduciary Investors Series podcast Amanda White speaks to Simon Pilcher the chief executive of USS Investment Management, which manages assets for USS, the largest private pension scheme in the UK about the complexity of a sustainable strategy – including divestment and manager expectations – as well as the opportunistic investments the fund has made in private assets and credit.
The global pandemic and lockdown has accelerated a number of the pre-existing long-term trends such as the shift to automation. So what does good employment look like?
The reallocation of capital towards sustainable companies is happening in real time and will accelerate, according to Larry Fink who is investing in technology and people to develop systems that can prove “climate risk is investment risk”.
An LDI approach, which included a large allocation to bonds and a lot of internal investment management, helped HOOPP survive the GFC and has served it well for the past 13 years. But now – with the COVID crisis and a very low interest rate environment – that approach is being revisited and the fund is looking to invest more in alpha generating assets, and external management.
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