Why Europe’s Largest Pension Isn’t Dropping Hedge Funds
In his first interview since taking over the role, the man who runs the money for €300 billion ABP explains why he will not be following CalPERS' lead to dump hedge funds.
News
Newsmakers
Too Big to (Not) Fail
Illiquidity, lack of agility, and being the market: Have some funds grown dangerously large?
Does Size Matter?
Or is it what you do with it that counts? Chief Investment Officer Europe considers this timeless question.
Mark Fawcett, Building a DC Giant
The National Employment Savings Trust CIO outlines how he is building one of Europe's largest defined contribution schemes.
Down and Out in Monte Carlo
Orwell didn't get to Monaco, but CIO Europe's editor did and got a taste of its exclusivity—and expensive drinks.
Och-Ziff, Black River, Female Managers Biggest Losers in CalPERS Decision
The occasional big-name and several female managers will suffer in the California giant’s withdrawal from hedge funds. Insiders term the move a “non-event.”
Pensions of the World Unite on Climate Change
Some of the world’s biggest asset owners are backing a new climate change study, while CalSTRS is already stepping up its eco-friendly investments.
Ex-Pennsylvania Pension CIO Cleared of Allegations
An independent investigation has found no evidence of illegal behavior by former CIO Tony Clark.
LDI, Meet Your Little Brother: TDF
There is an uncanny spillover of liability-driven investing into defined contribution plans—and from an interest rate perspective, it's perfectly logical.
Croissants and Calculations, or a Breakfast with the Actuaries
CIO Europe considers the changing face of the actuarial profession over a spot of tea and pastries.
UAW Medical Trust CIO Exits After Two Years
Kenneth Frier is leaving to “pursue another opportunity”, with Avtar Vasu taking his place on an interim basis.
Blackstone: CalPERS is Right to Dump Hedge Funds
A long-term partner of the US’ largest pension has backed its decision to exit hedge funds.
Newsmakers
The Unknown
Politicians are shaking up the Swedish pension system. Will CIOs lose their jobs—and what does it mean for asset owners everywhere?
An SWF’s SWF
From Krakow to Auckland, Managing Editor Leanna Orr explores NZ Super's purity of vision and now-mainstream reputation.
The Handover
Kip McDaniel on the sweet spot of buying general partner stakes in hedge funds.