All Features articles – Page 219
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Features
Why convergence is taking place
There are an increasing number of similarities between the strategies used by managers of alternative investments and those employed by private equity managers. Alternative investment assets under management are estimated at one trillion dollars and spread over 8,000 funds, while the private equity industry manages only $150bn (e124bn), distributed among ...
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Features
Diving much deeper
Pooling has occupied increasing column inches of the trade press over the past year, as Irish and Luxembourg service providers have sought to promote their respective solutions. Pooling occurs when the assets of one or more pension schemes are aggregated in an underlying pool in order to realise economies of ...
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Features
New portfolio dividing lines
Storebrand Investments, the asset management arm of the giant Norwegian insurer Storebrand, is one of the first major financial institutions in Norway to reorganise the management of its assets along lines of alpha and beta strategies rather than equities and fixed income. The asset management splits its asset management into ...
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Features
Straatman and profits of doom
It’s not every day that someone moves from working for the Dutch civil service pension fund to teaming up with a flamboyant UK pizza-and-pubs magnate. But that’s just what Jan Straatman is about to do. His decision to leave his berth at ABP Investments, where he was chief investment officer ...
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Features
Mind the gap: managing your duration
Like any investment approach, liability-driven strategies need to be used within a mix of tactics and instruments. Liabilities need to be taken into account, but not at the expense of performance. Experience has shown that good managers can still add to performance whilst managing liability, if placed in the right ...
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Features
A new paradigm for Europe
Multinational corporations have sought to co-ordinate the activities of their pension funds across multiple countries and most recently the Institutions for Occupational Retirement Provision (IORP) has been introduced through a European Commission directive. The industry must find a way to integrate these different pension offerings so the well meaning aspiration ...
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Features
FoF take-off
Funds of funds had a terrific run in November, confirming market sentiment about the technical correction witnessed in October (and consequently, a dip in returns) – that it is of a short-term nature. The lowered risk appetites seen in October were visibly buoyed by robust economic data, moderate inflation in ...
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Features
Leading from the front
The €11bn private equity mandate awarded by Dutch pension funds ABP and PGGM to AlpInvest Partners has taken Dutch institutional investment in the asset class to a whole new level. But will this kick-start a renewed interest by other Dutch pension funds - particularly the smaller ones - in private ...
