Sweden’s AP2 takes bigger bites of China
The European pension fund has been increasing allocations to China A-shares and to Chinese bonds. The fund is managed primarily in-house and has crafted bespoke indices for ESG integration.
Railpen: good partners add skills
When the $37 billion pension fund embarked on a joint venture with the Alaska Permanent Fund and Kuwait’s Public Institution for Social Security, it learned the value of complementary partnership
How the UK’s MNOPF got on course
Rory Murphy, chair of the Merchant Navy Officers Pension Fund, recounts the scheme’s journey to delegating investment decisions and says being a good trustee is all about steering the ship.
Textron seeds new products for edge
The $10 billion Textron pension fund lowers fees and increases its influence by backing new product designs with capital. CIO Charles Van Vleet embraces active and some blasts from the past.
Lay trustees still play vital role
Corporate failings and their impact on UK pension schemes are damaging the reputations of lay trustees, but they remain critical assets for pension boards, professor Robin Ellison argues.
GPIF fee structure aligns interests
The world’s largest investor restructured how it pays its active mandates to get more certainty from managers. Its actions, which were taken after self-reflection, will affect the entire sector.
