Raphael Sobotka: International case studies

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CalPERS’ private markets chief: TPA won’t disrupt PE commitment pacing

CalPERS’ private markets chief: TPA won’t disrupt PE commitment pacing

Anton Orlich, CalPERS' newly minted deputy chief investment officer for private markets, says the fund’s July adoption of the total portfolio approach will not impede the private equity strategy launched in 2022, arguing that short-term relative-value calls made under TPA would be expressed in liquid markets and not by oscillating commitments to private markets. In an interview with Top1000funds.com, Orlich unpacks the asset class’s four-year transformation.

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Helmsley meets new managers as it hunts for different strategies

Helmsley Charitable Trust is meeting new investment managers on the hunt for new exposures and allocations in the new economic regime. On the eve of her departure Rosalind Hewsenian explains how she approaches new manager relationships.

Japanese corporate pension funds navigate uncharted waters

Fixed income, once a stabilising force for asset-rich Japanese corporate pension funds, now struggles to counter stock and currency volatility. Japanese investors are reducing fixed income, and heavily diversifying their portfolio as high currency hedging costs prompt caution, seeking shelter in short-term strategies amid uncertainties surrounding global central bank policies.

Japan’s trifecta of challenges

After 18 years working with Japan’s leading pens Continue Reading A Top1000funds.com subscription unlocks the full article Join the global institutional investment platform read by the world's largest asset owners, fund managers and consultants. New here Create an account Complimentary to register. We'll verify your details and grant access to the archive, our newsletters and

日本の企業年金、資産運用先を模索 非伝統的資産に「活路」

日本の企業年金基金が資産運用先を Continue Reading A Top1000funds.com subscription unlocks the full article Join the global institutional investment platform read by the world's largest asset owners, fund managers and consultants. New here Create an account Complimentary to register. We'll verify your details and grant access to the archive, our newsletters and the Asset Owner Directory (enhanced features coming

COP28: Transition ‘out’ is now transition ‘away’

After COP28 Tim Hodgson says the investment industry needs to decide whether the transition away from fossil fuels will be too little, too late or whether net zero by 2050, with all the associated transformational consequences, is possible. Either way the industry needs to “get really good at intertemporal risk management”.

COP28 points investors towards 2030 & 2035

Despite uncertainties, Fiona Reynolds argues that COP28 outcomes represent an opportunity for investors, including positioning investment beliefs and portfolio construction for the likely outcomes post 2025, 2028 and 2030.

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