Investor Strategy – Page 104
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NewsAppetite for housing development grows among institutional investors
UK – Mill Group report questions perception that investors will shun new-build projects.
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NewsTime to abandon notion of 'no risk' sovereign bonds, says BVK
GERMANY – Head of German pension fund blasts idea of any bond being considered risk-free.
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NAPF property committee should offer 'thought leadership'
UK – IPD conference told consultants must be won over for real estate debt market to become viable.
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NewsCyprus Hotel Employees fund makes tactical changes to bond portfolio
CYPRUS – PIMCO, GAM and Insight to handle global credit, absolute return bond allocations.
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NewsUK asset managers boost LDI teams for de-risking schemes
UK – Recent hires at AXA IM, Ignis signal shift towards liability-driven investment.
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NewsSwedish roundup: Premium pension inquiry, Swedish Investment Fund Association
SWEDEN – Stefan Engström to chair inquiry into Swedish premium pension system.
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NewsTrustees should prepare for potential euro-zone break up - Towers Watson
EUROPE – Companies developing euro-zone break-up plans for businesses, but not pension funds.
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European, Chinese asset managers sign agreement to share expertise
DENMARK – Denmark’s Sparinvest enters partnership with Hai Tong Asset Management.
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NewsPGGM buys 60% stake in UK student housing provider UPP
EUROPE – Inflation-linked cash flows an 'excellent match' for clients' liabilities.
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NewsEuropean pension funds hail ECB's 'leading role' in fight for euro
EUROPE – Pension fund CIOs encouraged by ECB's use of word 'unlimited' to describe scope of programme.
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NewsAPG touts potential of 'inflation-related' infrastructure loans
NETHERLANDS – Dutch giant makes first foray into 'new asset class' with loan to local road-building project.
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NewsCPPIB pours another $400m into Chinese logistics JV
GLOBAL – New commitments made by partners doubles size of China Logistics to $1bn.
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NewsUK local authorities urged to focus on dividends as cash flows suffer
UK – LGPS can offset falling contributions by improving dividends, consultancy says.
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NewsDutch schemes must be 'more aware' of impact on markets
NETHERLANDS – Professor says pension funds should incorporate impact into investment policies.
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Nordic roundup: AP fund returns, Länsförsäkringar, Storebrand
SWEDEN – Majority of Sweden’s national buffer funds show above-benchmark returns for first half.
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NewsGerman pension fund slammed for 98% bond allocation
GERMANY – Scheme for province of Brandenburg draws fire for exposure to peripheral EU member states.
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NewsECB action could lower risk premiums for European equities – Invesco
EUROPE – Risk premiums 'extremely elevated' relative to historical levels, US market.
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QE had 'broadly neutral impact' on pension funds, says Bank of England
UK – Central bank assumptions challenged by Hymans Robertson as too ‘broad brush’.
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NewsNorth Rhine-Westphalia pension fund to boost real estate, infrastructure [Amended]
EUROPE – €10bn NAEV to increase exposure to markets outside Germany with new partner Aberdeen.
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NewsInstitutional appetite for private equity on the up, study shows
GLOBAL – Vast majority of respondents to survey to maintain, boost allocations to asset class.




