Amara Haqqani: Super in 2020 – Copernicus, Warren Buffet’s swimming naked, and pitchforks in the street

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European investors reject debt crisis narrative as higher bond yields trigger fixed income shift

European investors reject debt crisis narrative as higher bond yields trigger fixed income shift

The rise in government bond yields is being driven by higher policy-rate expectations and commodity supply concerns linked to the Strait of Hormuz, not fears of an imminent sovereign debt reckoning. Investors share how they are preparing for higher returns.

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BCI: A masterclass in private debt

British Columbia Investment Management Corporation has been investing in private debt since 2018. Global head of public markets Daniel Garant, whose team oversees private debt, articulates the secrets of success at a time of fierce competition for returns as more investors pile into the asset class, tightening credit spreads.

Responsible AI: Railpen lays out the risks

Much is written extolling the investor opportunities inherent in AI at a time policy makers continue to prioritise deregulation and innovation over safety, but a new report from £34 billion Railpen on the risks AI holds for investors' portfolio companies provides a valuable reality check.

A rock and a hard place: GEPF on the challenges of transitioning coal

Reducing exposure to the risk in coal is particularly challenging for South Africa’s $122 billion Government Employees Pension Fund. ESG manager Belaina Negash explains the complexities due to the industry's tie with the economy and the fund's transition framework.

Mid-market, asset-backed private credit shines for growing Asian allocators

Asia's growing investors, including university endowments and family offices, are hunting for returns in lower-middle market and asset-backed private credit. In an interview with Top1000funds.com, head of Asian clients at the $92 billion OCIO Cambridge Associates, Prabhat Ojha, talks manager selection and Asian allocators' rising appetite for alternatives.

France’s FRR ups risk in line with longer term investment horizon

Fonds de reserve pour les retraites (FRR), France’s €21 billion ($24 billion) pension reserve fund, has increased its weighting to equity in line with a new strategic asset allocation to reflect the investor's longer return horizon. It is also eyeing more unlisted assets including private equity, private debt and infrastructure.

Asset managers can’t have it both ways on sustainability

Asset managers have recently been trying to show that they could cater to all sides, from asset owners that have spent years integrating sustainability into their investment strategies to anti-ESG elected officials in states like Texas. But Hugues Létourneau writes that they can't have it all.

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