Recommended For You
Based on your reading history and profile
UK’s BTPS forges independent identity
Since splitting from its former inhouse manager, Hermes, the £50 billion British Telecom Pension Scheme has set about redefining itself. With a self-reliance borne of technology, the fund has brought portfolios and functions inhouse and started a bigger push into mature infrastructure.
Too much, too little, too late in alts: CREATE
Pension funds had diversified into alternatives at the wrong time, CREATE’s chief executive, Professor Amin Rajin said, claiming pension funds were taking too long in their decision-making to make the most of opportunities available.
UN fund increases indirect exposure
The $38 billion United Nations Joint Staff Pension Fund (UNJSPF) has begun to implement the recommendations of the Hewitt Ennis Knupp asset-liability study which, among other things, recommended higher allocations to indirect assets, emerging markets and private equity.
Does less leverage mean lower returns for listed property?
The financial crisis has put an end to the excessive use of leverage by real estate companies, and the prospect of distressed assets presents opportunities for pension funds. Kristen Paech discusses the outlook for the sector with Ritson Ferguson, CEO and chief investment officer of ING Clarion Real Estate Securities.
Calls for global governance code go unheard
The global application of a code of best practice for institutional investors, developed by the UK Financial Reporting Council, was debated at the International Corporate Governance Network’s annual conference in Toronto. Amanda White reports.
Asset owners pressing the reset button
The synergy of talented individuals working together is the key to unlocking organisational and portfolio alpha, according to an indepth new study of 26 asset owners including the Future Fund. The study’s author Roger Urwin of the Thinking Ahead Institute discusses the challenges and opportunities of this combinatorial power.
Imperfect data no excuse for delaying net-zero commitments
Imperfect data, opaque third-party managers, and obtaining the necessary talent and tools are among the toughest challenges for investors as they navigate the path to net zero emissions by 2050.
Japanese fund pours assets into equities market
The world’s largest fund, the Government Pension Investment Fund, Japan, has substantially increased its allocation to international equities in the past year, moving more than $31.8 billion of assets into offshore equities in the year to June.
Proposed benefit plan to provide marginal savings
A cost-risk analysis of a proposed hybrid defined contribution/defined benefit plan proposed for California shows that it would provide marginal overall cost savings to government, CalPERS analysis has revealed.
Investor Profile