Strathclyde cuts equity allocation
The UK’s largest public pension fund is de-risking its successful equities portfolio and looking to private debt, emerging-market debt, global credit and UK infrastructure to fill the void.
Factors aid manager selection
Investors, including the $194 billion State Board of Administration of Florida (SBA), are using factor analysis to decompose returns, select active managers and negotiate fees.
Call for higher pension ages
The ratio of working years to retirement years should be at least 2 to 1 and raising the pension age is a universal fix for strained systems, the author of Mercer’s Global Pension Index says.
USS goes direct in private markets
The UK’s $78 billion USS remains growth focused despite a funding deficit, employing direct investment in private markets and tapping US government bonds in anticipation of lower gilt prices.
Investors told to embrace helpful AI
Robotics and artificial intelligence supplemental to humans is where to put capital and it’s too early to worry about the rise of the automatons, ‘Mistress of Machines’ Kate Darling says.
Keys to emerging-infrastructure funding
The chair of the International Forum of Sovereign Wealth Funds, Adrian Orr, says entities such as the IMF could pave the way for large-scale investment in emerging-market infrastructure projects.
