Investor Strategy – Page 118
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NewsFinland's Etera targets SRI and green property
FINLAND - Etera, the Finnish mutual pension insurance company, has signed the United Nations Principles for Responsible Investment (UNPRI) and has joined Finland's Green Building Council (FIGBC).
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NewsPKA joins biggest European biotech cash injection
DENMARK – PKA has announced it is investing around DKK140m (€19m) in a Danish biotech firm developing cancer drugs, part of what it says is the biggest capital injection ever into a European biotech business.
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NewsATP, PensionDanmark consider joint property, infrastructure deals
DENMARK – Two of Denmark's largest pension funds, the DKK104.5bn (€14bn) PensionDanmark and ATP, are considering joint property and infrastructure deals.
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NewsEuropean industry fund seeks emerging market equity manager for $150m brief
IPE QUEST – A European pension fund is looking to invest $150m (€112m) in global emerging market equities, using IPE Quest.
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NewsNew York, Ohio pension funds named lead plaintiffs in BP lawsuit
GLOBAL – New York State Common Retirement Fund has succeeded in being named co-lead plaintiff in its class action suit against BP.
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NewsNEST to tender SRI mandate, confirms ethical investment option
UK – The National Employment Savings Trust (NEST) is tendering for a global equity socially-responsible investment (SRI) manager after confirming members will be offered an SRI fund as one of several investment options.
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NewsPGGM appointed by Dutch culture fund, buys former provider
NETHERLANDS – The €400m pension fund for workers in the arts and culture sector, Pensioenfonds Cultuur, has appointed PGGM as its pension provider.
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NewsPGGM to purchase stake in UK offshore wind farm
NETHERLANDS – Dutch asset manager PGGM has acquired a 25% share in a wind farm under construction in the Irish Sea for £16m (€19m).
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Pimco allows equity investments in shake up of Total Return bond fund
GLOBAL – Pimco’s US$ 250bn (€160bn) Total Return fund, the world’s largest bond fund, has expanded its investment remit to include up to 10% of its total assets in preferred stock, convertible securities and other equity-related securities.
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NewsEuropean investors looking to raise absolute return allocation
GLOBAL – Almost 90% of European investors are looking to increase their allocation to absolute return strategies over the next three years, according to a survey by Aviva Investors.
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NewsEDHEC survey shows modest but growing use of ETFs by pension funds
EUROPE – European pension funds remain modest users of ETFs, but their participation is growing.
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Experts anticipate less correlation, but warn of 'macro-driven' uncertainty
IPE AWARDS – Experts believe correlations between broader asset classes may be coming down, but warn of persisting uncertainty in “macro-driven markets”.
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NewsIPE Awards: Experts warn against changing tack during financial storm
EUROPE – Pension experts have argued that schemes should stay the course when it comes to their asset allocation, rather than re-assessing during a financial crisis.
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NewsPension funds tinkering with fixed income portfolios, industry experts say
EUROPE – Pension funds are re-structuring their fixed-income portfolios, and Schroders thinks this is where managers will be needed.
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NewsUK roundup: Capita Hartshead, Northern Ireland Teachers, MetLife, RSA
UK – The Department for Education Northern Ireland DE(NI) has gone live with a new pensions administration system provided by Capita Hartshead.
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EDHEC outlines ideal investment strategy for sovereign wealth funds
GLOBAL – The investment strategy of a sovereign wealth fund (SWF) should consist of three basic building blocks, including liability hedging and an endowment-hedging portfolio, according to research by the EDHEC Risk-Institute.
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NewsGerman institutional investors stick with equities, but worry about double dip
GERMANY – More than 60% of German institutional investors believe equities will generate returns over the coming year, yet 51% fear there will be a double dip in the markets, according to a poll conducted by German asset manager Union Investment.
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NewsTrade Union Congress urges investors to divulge voting records
UK – The head of the British Trade Union Congress (TUC) has called for mandatory voting by institutional investors at AGMs, in a speech to delegates at the TUC pension trustee conference today.
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NewsCarbon indices are a straitjacket - Joly
EUROPE – Carbon indices serve as a straitjacket, according to Carlos Joly, chairman of the climate change scientific advisory committee of Natixis Asset Management.
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NewsGerman investors targeting 'risk-less returns', says Complementa
GERMANY – Risk management in Germany has improved in the wake of the financial crisis, and institutional investors are now focusing on 'risk-less returns', according to consultancy Complementa.





