Swiss pension funds’ alternatives allocation hits double digits
Complementa study also finds that pension funds will have to cut benefits to close the gap between required returns and forecast returns
PFA sheds Chinese coal stocks in latest climate purge
Danish fund divests seven companies and puts another seven under observation as part of its semi-annual portfolio climate review
Market bounce boosts second-quarter gains for Portuguese funds
Strong relative investment performance was not enough to compensate for rising liabilities, according to Willis Towers Watson
Reprieve for Swedish pension firms as government delays reform
The Timetable for establishing a procured marketplace has been pushed back by four months to the start of 2021, giving managers more time to prepare
Lack of responsible opportunities will hinder ESG investing, survey finds
European survey conducted by NNIP reveals 50% believe RI carries risk management challenge
LCP questions high performance fees paid by ailing Dutch schemes
ABP and PFZW paid out €1.4bn in performance fees over five years – but could still cut pension payments
Chart of the Week: European pension assets exceed €7.7trn
IPE’s Top 1000 Pension Funds survey shows that total assets under management have increased despite market turmoil
NEST to launch regulated investment arm
The £8bn multi-employer scheme has requested authorisation from the UK regulator to set up NEST Invest to allow co-investments and derivatives use
NEST names managers for first move into private markets
Amundi and BlackRock will manage roughly 5% of the DC master trust’s default funds with inflows expected to start in October
Amundi teams up with Asian infrastructure bank for $1bn climate bond fund
Also: AXA IM launches impact fund focused on Asia, Africa and Latin America; NN IP green bond fund reaches €1bn
UK, Danish pension funds file lobbying resolution against BHP
CEPB and MP Pension among major institutional shareholders demanding that the mining giant abandons lobby groups that operate at odds with the 2015 Paris Agreement on climate change
Digital Edition
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On the Record: Emerging markets
We asked two pension funds whether the distinction between emerging and developed markets still makes sense
How we run our money: PGB
Harold Clijsen CIO of Dutch multi-sector Pensioenfonds PGB, speaks to Carlo Svaluto Moreolo about asset allocation, sustainable investment and member communications
Briefing: The cliff-hanger of European banks
It has been a bad decade for European financials, with share prices still a fraction of their pre-crisis highs
Briefing: Give credit to CDS indices
DB pension funds could benefit from synthetic credit exposures provided by credit default swap indices
Briefing: Sri Lanka after the bombings
The tragic Easter Sunday bombings have devastated tourism, a key plank of the economy
A Franco-German challenge
France and Germany are the two countries that stand out the most for their comprehensive state pension systems and for underdeveloped second-pillar framework
Market paradoxes demand new ideas
It is the most fundamental premise of investing yet it is increasingly redundant: invest your money rather than hiding it under the mattress
Emerging market equities: ESG in Latin America
An anti-corruption drive by Latin American companies is creating opportunities for responsible investors
US equities: Past, present and future
Are US equity valuations in bubble territory?
Government Bonds - Euro-zone: Turning Japanese
The euro-zone appears to be in a low-growth liquidity trap redolent of Japan
Greenwish: wishful thinking in the ESG world
Every so often I come across a paper which I think is a ‘must read’ and Duncan Austin’s ‘Greenwish: the wishful thinking undermining the ambition of sustainable business’* is one.
Guest viewpoint: Tracy Blackwell, Pension Insurance Corporation
The financial services industry is one of the least trusted in the UK. The Purpose of Finance project aims to address issues of trust and reform
Animal welfare: Probing the global meat complex
Everyone knows about ‘big oil’ and how much influence the global agribusiness sector has. But there is less awareness about the negative impacts of meat producers – the ‘global meat complex’.
Guest viewpoint: Adam Matthews and John Howchin
“The Brumadinho dam tragedy causes us to question if we have created the conditions for a set of disasters”
Guest viewpoint: Beat Zaugg
A striking indication of ESG’s importance in Switzerland is that Ueli Maurer, the country’s president, will be the keynote speaker at the Swiss Sustainable Finance annual conference in Bern
