Latest – Page 28
-
NewsBayer Pensionskasse invests €950m in fixed income
The scheme pushed for investments in interest-bearing registered securities to keep the weight of the asset class stable in the long term
-
NewsKENFO overshoots target return as it continues illiquids expansion
The pension posted a return of 11.1% in 2023, the highest annual return to date, compared with -12.2% in 2022, and against a target return of 4.2%
-
NewsVelliv invests €94m in Nuveen private equity impact fund
Asset manager raises around $200m for its second private equity climate inclusion strategy
-
NewsSwiss scheme expands credit investment to banks and infrastructure companies
LUPK’s funding ratio rose by 3.8 percentage points year-on-year, from 105.9% in 2022 to 109.7% in 2023
-
NewsATP and PFA draw IPO lessons as they settle OW Bunker case
Danish pensions heavyweights among €86.5m group settlement; ATP says cost of continuing through courts ‘would run into millions’
-
NewsIntesa Sanpaolo DB fund picks managers for equities, bonds
Several mandates were re-tendered, with Eurizon Capital picked for bonds, Schroders for global equity, Azimut for European equity, and Pictet for US equity.
-
NewsGreater Manchester Pension Fund adopts pass-through voting
GMPF can now uniformly apply its voting policy across both segregated and pooled funds, allowing it to directly influence decisions on critical issues
-
NewsSwiss occupational scheme tenders up to CHF1.2bn in bond mandates
The searches are for emerging market debt and US high yield bonds, considering both active and passive options
-
NewsPFA hails 27% gain on domestic equity portfolio, cites stock picking
Danish pensions heavyweight describes its level of home bias as ‘strong’
-
NewsRolls-Royce & Bentley Pension Fund inks £880m buy-in
The buy-in included novation of the scheme’s existing longevity swap with Standard Life
-
NewsHöchster Pensionskasse VVaG targets direct bond investments, avoids real estate
The pension fund expects real estate valuations to fall in 2024, which could impact dividends from indirect real estate investments
-
NewsNestlé pension fund launches new investment strategy
Under the new strategy, the scheme is reducing its exposure to real estate by 2 percentage points, while increasing its allocation to parallel bonds and listed equities
-
NewsDutch company schemes ditch active investing
HAL and Provisum have concluded the additional costs of active investing in equities do not outweigh the benefits
-
NewsNorway domestic SWF recommends 3% annual withdrawals
Folketrygdfondet defines a level of withdrawal which would allow the NOK365bn GPFN to retain its real-terms value
-
NewsTPT Investment Management launches two alternative investment funds
The funds provide pension schemes with access to real assets and secure income investment opportunities
-
NewsSwedish church pension fund defends real estate surge, after FSA fine
Kykans Pension’s CEO says it doubled its holding in Stenvalvet — in the face of an SBB takeover attempt - purely to protect scheme members’ interests
-
NewsPension funds warn FCA of revised UK listings rules
Asste owners call on the regulator to listen to investors and retain ‘critical’ shareholder rights
-
NewsCredit Suisse Pensionskasse reviews strategic investment guidelines
The fund’s bonds allocation was increased, and the duration was extended
-
NewsATP takes stake in major Danish defence firm Terma
Statutory pensions giant sees deal also as important contribution to defence at time of international instability
-
NewsKent scheme plans changes to emerging markets, private equity portfolios
Consultant Mercer advised a 50% split of EM equities between Columbia Threadneedle and Robeco, and an increase to PE by allocating $160m to HarbourVest
