Norway's SWF Seeks Real Estate, Flees Bonds
To guard itself from rising inflation, the Government Pension Fund Global is slashing its bond exposure in favor of real estate and infrastructure.
Asset Allocation
Aviva Pension Seeks Real Estate in Move Toward Liability-Matching Assets
In an effort to gain exposure to long-term, liability matching assets, the $13.6 billion Aviva Staff Pension Scheme is looking to boost its allocation to real estate-related assets, reflecting the growth of the sector since the real estate market collapsed during the crisis.
Study: Bridgewater No. 1 Hedge Fund Among US Public Pensions
A new study by Preqin shows that Ray Dalio’s Bridgewater Associates has captured the largest hedge fund commitments from public pension funds.
Texas Lawmakers See Light on Hedge Fund Investments
The Texas Teacher Retirement System (TRS) may double the amount it allocates to hedge funds after a state representative introduced a bill raising the cap on investment in the asset class.
Survey: Investors Fearful Over Growth, Profitability
A BofA Merrill Lynch Survey of Fund Managers conducted in March shows that investors are wary about corporate profitability and global growth.
Against Trend of Diversification, Caisse Boosts Investments in Local Companies
The Caisse de dépôt et placement du Québec announced that it has increased its investments in publicly traded Québec companies by more than $800 million.
Japanese Insurance Capital Invested Abroad Expected to Move Home
Just how much of the estimated $3 trillion in Japanese assets held outside the country will be repatriated due to the earthquake, tsunami, and potential nuclear disaster has yet to be seen.
Pensions May Be Unwise Allocating to Gold
Should pension funds allocate to the volatile commodity, often viewed as an inflation hedge?
Survey Shows Some UK Pension Managers View Fiduciary Management With Distaste
Not all pension fund managers in the UK are embracing fiduciary management, according to a survey by Pensions Management and Pensions Week.
Report Says Regulations Must Encourage SWFs to Invest in US Infrastructure
The Brookings Institution, a Washington-based think tank, has released a study stating that US policymakers should offer incentives to encourage sovereign wealth funds to pursue American infrastructure.
Equities Remain a Preferred Asset Class, Lipper Says
In the week ended March 9, investors pumped nearly three times the amount into US-domiciled equity mutual funds from the prior period.
French Fund Implements New Asset Allocation With LDI Focus
The Fonds de Reserve pour les Retraites has announced a new asset allocation using a liability-driven investment approach as well as a plan to select new managers.
PIMCO’s Total Return to Hold Zero US Government Debt
According to Bill Gross, the $273 billion fund will, for the first time in over two years, remove all American government debt from its holdings.
Japan's PFA Pressured to Boost PE Allocation
Similarly to Japan's Government Pension Investment Fund (GPIF), the chief investment officer of the country's Pension Fund Association (PFA) has said it must take on more risk to improve returns as the proportion of people over 65 years old in Japan stands at a record 21%.
Pyramis Poll Shows European Pensions Prioritize Managing Volatility in 2011
Pyramis' most recent survey of some of the largest defined benefit plans shows changing investment outlooks and continued caution given recent experiences with above average market volatility and a low‐return investment environment.