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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日本が直面する3つの課題

グローバル・フィデューシャリー・ 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

At COP28, financial sector innovation bolsters headlines

COP28 in Dubai had all the ingredients for both decisive action and controversy, given the UAE's status as a significant fossil fuel producer. But importantly for this sector there was also financial innovation on display. FCLTGlobal’s Olivier Lebleu highlights some of the fund managers showing ingenuity at COP28.

Norway’s GPFG argues the case for private equity – again

NBIM has petitioned politicians to let it invest in private equity - again. Arguing for a 3-5 per cent allocation with large managers in developed markets, NBIM recognises it will be unable to cap fees like in its other allocations and will curb costs by developing a co-investment program.

地政学リスク警戒する海外投資家、日本株にシフトか 「一時的ではない」との声も

日本株にかつてほとんど興味を示さ 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

Japan stocks shine amid global shifts, China uncertainty

With Japanese stock prices reaching a 33-year high, the economy emerging from deflation, and the positive impact of corporate governance reforms over the past decade, it's not surprising that money managers, especially foreign investors, who previously showed little interest in Japan are now flocking to Tokyo.

Behind CalSTRS’ cost savings: Better returns and control of risks

CalSTRS has saved more than $1.6 billion in costs since 2017 thanks to its collaborative model approach, which brings more assets in-house and encourages the use of different investment vehicles. Now it’s looking to measure the other benefits including boosted returns and more control over risks.

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