HSBC pension re-allocates to de-risk
"There are no prizes for taking on more risk than you need," said CIO Mark Thompson, after the fully funded UK scheme sold 60 per cent of its equities and targeted long-dated assets.
Sort content by
Alaska’s plan for great partnerships
The Alaska Permanent Fund Corporation recognises three kinds of partnerships - with managers, specialised advisers and institutional peers - and has a plan for how to get the most out of each.
Trustees answer the tenure question
The Australian Prudential Regulation Authority has given guidance for how long trustees should sit on boards. How well does the theory suit the practice? Stakeholders weigh in.
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.
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.
Australia’s HESTA makes big changes
HESTA's CIO Sonya Sawtell-Rickson and Willis Towers Watson’s Roger Urwin are guiding a transformation at the fund, including adopting a total portfolio approach and planning an innovation lab.
Asset Allocation