All Inarcassa articles
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NewsItalian pension funds reassess market risks while redrafting strategies
Italian Casse rethink allocations, expand private markets and deepen domestic exposure despite mounting macro risks and constraints
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NewsItalian pension funds lift returns with tactical shifts
Inarcassa, Fondo Gomma Plastica and Solidarietà Veneto have relied on tactical asset allocation decisions in bond and equity portfolios to deliver positive returns
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NewsItalian pension fund defends position in ‘banking M&A risk’ game
Enpam and Fondazione Enasarco offices were raided by Italy’s Guardia di Finanza seeking documentation relating to securities transactions
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NewsPeople moves: BNY Investments appoints Nico Aspinall for new role
Aspinall, previously head of product advocacy at Newton Investment Management, will now be head of UK workplace at BNY Investments
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NewsItaly’s largest pension funds outperform in 2024 amid governance overhauls
Enpam surpasses targets, while Cassa Forense posts double-digit returns and Inarcassa boosts private market exposure
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AnalysisHow Italy’s first-pillar pension funds are navigating uncertainty
Enpab and Inarcassa have made bold asset allocation decisions to contain drawdowns, while Cassa Nazionale del Notariato is relying on diversification
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NewsInarcassa re-invests assets in sustainable high yield bonds
The scheme also plans to boost in the next five years its alternative investments by over €900m
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NewsInarcassa boosts domestic investments as 2024 returns exceed expectations
The scheme is increasing allocations in private markets and equities as it records returns of more than 7.6% in 2024
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NewsInarcassa expects €1.2bn budget surplus as it implements new strategy
Budget surplus is result of income from members’ contributions and expenses for pensions paid, returns on invested assets, and operational costs
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NewsInarcassa to boost alternatives with €900m investment
The boost represents an increase of 6.3% compared to the current allocation level
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NewsInarcassa reshuffles global government bond portfolio
The scheme invests €2bn in government bonds, mainly in Italian fixed income
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NewsDivestment rules for long-term savings plans lead to ‘operational complexity’
Inarcassa asked the tax authority in Italy, the Revenue Agency (Agenzia delle Entrate), to clarify rules on capital repayments made by closed AIFs
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NewsItalian pension schemes reap benefits of banks’ equity investments
The Bank of Italy has distributed dividends to shareholders, including pension funds, for a total amount of €340m
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NewsInarcassa grows AUM to over €14bn as bonds, equities rebound
The pension fund for self-employed engineers and architects in Italy recorded a gross operating result of approximately 7.7% last year
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NewsInarcassa to up private markets allocation with private debt investments
The scheme has conducted a new round of investments in 13 new vehicles for total commitments of over €240m
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NewsInarcassa’s new strategy sees cuts to equity in favour of bonds, infrastructure
Assets under management for first-pillar pension schemes, according to pension regulator Covip
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NewsInarcassa considers higher exposure to illiquids, infrastructure
The next strategic asset allocation could lead to wiping out liquid alternative investments from the scheme’s portfolio
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NewsInarcassa increases investments in Italian private banks to €200m
For 2023 the pension fund plans to increase investments in private markets and real estate
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NewsInarcassa hedges equity exposure, resumes private markets allocations
According to the new strategic asset allocation for 2023, Inarcassa is increasing its allocation to bonds by 3%, while reducing equities by 1.5%
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NewsItalian pension fund association calls on government to cut tax burden on returns
The association is also demanding the government replaces the pro-rata standard to calculate pension benefits
