Public Pensions Agree to Investment Partnership
Some £10 billion in public money could be pooled in a push against the UK’s government’s move towards passive investment.
Asset Allocation
Brevan Howard to Dump Commodity Hedge Fund
The $630 million fund is set to close following chronic underperformance.
Bond Managers ‘Averse’ to Holding Cash Despite Liquidity Fears
A credit ratings agency has warned bond funds to hold more cash, despite the negative effect this could have on returns.
Goldman on 2015: Predictions for the Year Ahead
Expect further divergence between developed economies and major (but risky) upside potential from emerging markets, the investment banking titan says.
Investors Are Driven to Short Termism, Says Hermes
If pensions aren’t investing for the long term, it might not be their fault, a survey has found.
‘Managing Uncertainty’: The Changing Face of European Pensions
European pension funds have adapted their models post-crisis, research finds—and warns consultants and asset managers to pay attention.
Europe ‘Destination of Choice’ for Real Estate Investors
This year has seen the most money in seven years dedicated to private real estate funds targeting Europe.
Asian SWFs Targeting Higher Equity Exposure
It isn’t just Japan’s pension fund that is buying up stocks, according to a new report.
Endowments Turn Skeptical Eye on Private Equity
Valuations and future returns have cooled foundations and endowments’ lust for the asset class, an NEPC poll shows.
In Search of Better Returns, Go Unlisted, Says Cambridge
Cambridge Associates found that private equity markets produced superior returns in the short and medium term.
Charities Back Active Managers despite Peers’ Push to Passive
UK charity funds still believe in active management in the face of increasing use of passive strategies by other institutional investors.
Qatar Investment Authority’s $10 Billion Plan
The sovereign fund’s CEO has revealed plans to invest up to $20 billion in Asian assets in the next five years.
US Endowment Returns Lagged Public Pensions, Again
By more than 100 basis points, higher education funds underperformed public pensions last year, according to NACUBO-Commonfund and Wilshire data.
Private Equity Appetite: Public vs. Private Pension Plans
US public pension plans thought more globally than corporate funds, with higher allocations to emerging market private equity.
Activism Skyrockets, But Investors Are Selling Fast
Only 36% of US activist investors say they have an average holding period of more than one year, according to a survey.