Germany’s €70 billion pension provider VBL is increasing its diversification, notably investing in overseas real estate outside Germany for the first time. It's also increasing its tilt to international equities over European stocks, enabled by an organisational and investment process overhaul.
Chris Taylor, the boss of Hermes Real Estate, part of the Hermes boutique manager suite and owned by the BT Pension Scheme, says pension funds looking to diversify into real estate away from their home markets should be aware of implementation risks.
Oxford Properties Group – the real estate arm of Canadian pension fund OMERS – has an ambitious growth plan that includes expanding its footprint globally and growing its portfolio of properties to more than $30 billion. Oxford’s president and chief executive Blake Hutcheson (pictured) says that the fund is patiently building out its portfolio of
Real estate and infrastructure are attractive investments in the private markets space, but individual investment selection has become more important in private equity and debt, according to the latest major analysis by global private markets investment management firm Partners Group.
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