Germany's WPV stands out amongst peers for its in-house investment management and the fact that half of its €6 billion ($6.9 billion) portfolio is invested in alternatives. Managing director Sascha Pinger explains how these characters give the fund an edge in Germany's competitive environment for industry pension funds.
Germany's WPV stands out amongst peers for its in-house investment management and the fact that half of its €6 billion ($6.9 billion) portfolio is invested in alternatives. Managing director Sascha Pinger explains how these characters give the fund an edge in Germany's competitive environment for industry pension funds.
In an interview with Top1000funds.com, CalSTRS chief investment officer Scott Chan says the one fund approach has already started to produce alpha. Sarah Rundell looks at the drivers of success including the ability to move more dynamically and cross-asset class collaboration to take advantage of opportunities.
The State of Wisconsin Investment Board's head of real estate Jason Rothenberg shares his views on how to address the enduring challenges for office investors. It involves a building-by-building investment approach to avoid assets at risk of conversion or demolition.
For investors who believe interest rates will stabilise in 2023, growth equities such as electric vehicles, emerging markets fintech and some luxury brands could be strong investment prospects, according to equity portfolio specialist Raj Shant from Jennison Associates.
The number of warning voices increases as rising interest rates puts pressure on LDI strategies, forcing more pension funds to sell assets to maintain leverage levels.
The US Federal Reserve’s James Bullard is inclined to let bond buying run off in 2017. He also says higher interest rates are unlikely worldwide and calls the US a relatively closed market.
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