How the ‘Deal-Hunter’ Qatar Investment Authority Became Introverted
The $175
billion sovereign wealth fund is expected to become more conservative, according to a Switzerland-based think tank.
Asset Allocation
Real Asset Appetite Soars
Long-term assets are growing in popularity according to a major investor survey, but emerging market interest is declining.
Institutional Investors Bullish on PE Secondaries
Private
equity secondaries fundraising reached $13 billion year-to-date, more than
triple that of 2013.
Institutional Investors Newly Tempted by Venture Capital
Endowments
and foundations are first in line to actively commit to venture capital in the
next 12 months, Preqin has found.
How Pensions Stayed Poor Despite 2013 Market Roar
US state and
local pension funds could expect to be at least 80% funded in 2017 under new
GASB standards, research has found.
Activists Post Strong Returns, But at a Price
Preqin has
found activist investors returned an average of 11.82% last year but earned a
three-year Sharpe ratio of 0.52, well below the industry average of 0.77.
Cambridge Associates: The Problem of Too Much 'Dry Powder' in Private Investments
Higher than average levels of undeployed capital in private investment funds could spell trouble for investors, Cambridge Associates has found.
Oxford Endowment Under Pressure to Dump Fossil Fuel Investments
Staff campaign to Vice-Chancellor for £1.5 billion of university funds to divest of holdings in oil, gas, and coal companies.
APG Bets on Chinese Industrial Growth Story
Warehousing and logistics have piqued the interest of the $360 billion pension investor.
Church of England to Boost Private Equity and Infrastructure after Strong 2013
The Church Commissioners Fund plans expansion of private
equity holdings and defensive equity managers.
Norway Lobbies for Private Equity and Infrastructure
The Norwegian SWF is lobbying government in a bid to diversify from equities and bonds into more illiquid assets.
‘Closet Indexing’ Costs Pensions £1.7B a Year
Aon Hewitt claims “sub-optimal” active fund performance affects almost 20% of UK pension assets.
The Cash-Rich Underfunded DB Plans
Research
found plan sponsors may be intentionally underfunding their pension plans to
boost their cash holdings.
Investors Retreat from Risk (Again)
The largest cash piles in two years signal investors are not quite prepared to go all in.
Russell: Perfecting the DC Plan
Russell
Investments has outlined tweaks and improvements to mainstream schemes, and given an industry outlook for the next 10 years.