Scenario testing has put inflation risk front and centre at PMT, the Netherlands’ third largest pension fund, and it's driving the investor to take stock of the inflation protection it gets from infrastructure. In an interview with Top1000funds.com, chief investment officer Hartwig Liersch unpacks the risk, as well as another initiative where it's balancing concentration risk in the equity allocation without hurting returns.
France’s Banque des Territoires, a subsidiary of Caisse des Dépôts, the country’s €323 billion state-owned financial institution, plans to invest more in data centres in France. The push is in line with government policy to build out AI infrastructure off the back of the country's access to cheap, green, nuclear energy that uniquely positions France to provide power to the AI industry while maintaining net zero credentials.
Next-generation nuclear energy, and the money pouring into it, will truly change the world, according to CIO of Utah Retirement System John Skjervem. It’s a lonely position as the CIO of a public pension fund but one Utah is embracing as it builds out early-stage investments in nuclear energy as part of its alternative energy portfolio. He speaks to Sarah Rundell in an exclusive interview about how investing in transformational energy technologies can be part of prudent investment management.
A keen focus on rebalancing, and best in class systems, allows the UK’s £31.2 billion Pension Protection Fund to effectively implement a dynamic hedging strategy for one of the UK's biggest LDI portfolios. Sarah Rundell reports.
Farouki Majeed, chief investment officer of the $23 billion Ohio School Employees Retirement System, has highlighted worrying signs in private equity that resulted from a backlog of exits, including industry murmurs that some GPs are having to borrow money to operate their business because LP fees are drying up. In an interview with Top1000funds.com, Majeed unpacks why its 12 per cent PE allocation is shielded from the rout.
Scotland's Lothian Pension Fund's celebrated inhouse management affords active management at the price of passive and the ability to shape specific mandates with managers. It also positions the fund to lead on pooling - if pooling comes to Scotland's LGPS funds.
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