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Investor Profile

Connecticut fund manager seeks cash flow

United States equities and real estate were the strongest suits at the $26-billion Hartford-based State of Connecticut Retirement Plans and Trust Funds (CRPTF) out of an entire portfolio that posted 11.6 per cent in the fiscal year ending June 2013. Now the manager of Connecticut’s six retirement plans and nine trust funds is developing opportunistic […]
Investor Profile

The real star of Washington State

Renowned academic Ashby Monk said the best way to lure talent to US public sector retirement funds unable to pay Wall Street salaries was to hire the green, the grey or the grounded. With a 30-year career spanning business, government and media, Theresa Whitmarsh, executive director of the $92.1-billion Washington State Investment Board (WSIB) laughs […]
Investor Profile

Danish pension fund goes beyond home bias

Affluent small European nations such as Denmark easily count among the world’s most outward-looking places, and DKK 95-billion ($16.4-billion) investor Unipension clearly casts its eyes far and wide from its headquarters in suburban Copenhagen. While nearly all investors look for some exposure in the world’s key markets, Unipension has enhanced its international focus by actively […]
Investor Profile

Bavarian fund bales on Berlin bonds

Bavaria is known as the most independent-minded of Germany’s regions, and the pension fund of Bavarian chemical multinational, Wacker, has shown definite divergence from the norm by shedding its holdings of German government bonds. It is not just German paper – which has seen yields on 10-year bonds below 2 per cent for more than […]
Investor Profile

Dutch fund bolsters bonds, chills on bricks

Things are suddenly looking cheerful again in the world of Dutch pensions. The country’s famous tulip fields might not be set to bloom until April, but investors already have a harvest to delight at from a good year of investing. For instance, Hans de Ruiter, chief investment officer of the €2.5-billion ($3.36-billion) TNO pension fund […]