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NewsGermany’s KZVK appoints Fullgoal to manage Chinese equities mandate
The pension fund allocates 8.52% of its assets to Asia, but targets an allocation of 10-25%
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NewsKZVK winds down equity risk derivatives as part of portfolio overhaul
The €36bn German occupational pension provider for employees of the Catholic Church plans to reconfigure its equity risk management framework this year
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NewsGerman church scheme KZVK appoints new CIO
Christoph Metz will replace Stefan Heidelfrom from January next year
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AnalysisIPE DACH Briefing: German church employees fund cuts European equity
Allocates instead to Chinese equities with mandate awarded to Fullgoal Asset Management
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People moves: German KZVK seeks portfolio manager for alternatives
KZVK, Schroders, Union Investment, NN IP, Value Partners Group, Capital Cranfield, ITS, AXA IM
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NewsGerman pension funds turn to Asia due to concerns over US assets
SOKA-BAU aims to increase its overall allocation to Asian assets to 35% of its total portfolio, up from the current 12.7% level
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AnalysisIPE DACH Briefing: Pension funds retreat from the US while looking at Asia
Corporate pension funds are lowering their exposures to equities, the dollar and US Treasuries, and hesitating to commit new capital to private markets in the US
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NewsPeople moves: Arabesque AI picks ex-Schroders’ head of product as CEO
Cartwright, BNP PAM, Arabesque AI, Federated Hermes, Broadstone, Eastspring Investments, APG, Ethos, KZVK, ZEDRA, PNO Media, Kempen
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NewsGerman church scheme shifts strategy towards bonds in developed countries
As a result, equity investments were cut, particularly European stocks
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NewsGerman church pension fund pivots to private debt in new strategy
The scheme is also reviewing its overlay mandates for equities and currencies
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German church pension fund expands real assets portfolio
KZVK invested a significant amount directly in infrastructure and real estate, particularly in renewable energy infrastructure
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German church schemes opt for passive high-yield strategy, exclude ETFs
The pension funds have switched to indexed products, partnering with Insight Investment and steering away from its active high-yield managers
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German church scheme to build up private debt allocation
‘The goal is to diversify investments, carefully balancing risks and returns’
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NewsInstitutional investors on standby as Russia/Ukraine tension continues
A mix of high inflation and geopolitical tensions between the US and Russia resulted in losses across virtually all asset classes
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NewsPeople moves: GAM names new group chief
Plus: Vontobel appoints co-CEOs; Aviva recruits environmental sustainability director
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NewsGerman church pension funds shift towards direct real estate
VKPB, KZVK use asset class as ‘risk buffer’ to help maintain high equity exposure
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How we run our money: KZVK-VKPB
The two schemes are separate legal entities but are managed through a single fund and investment team, led by CIO Wolfram Gerdes
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NewsPeople moves: Border to Coast continues search for CIO; IPD’s new operating chief
Border to Coast, IPD, B&CE, EZVK, AMF, Eastspring Investments, Keva, Insight Investment, Eurosif, Putnam, BNP Paribas, Schroders, Rothesay, Scientific Beta, First Sentier
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NewsPeople moves: PLSA picks Douglas as chair
PLSA, Russell Investments, M&G Real Estate, EZVK, HSBC AM, Pensioenfederatie, APK, Capstone, APG, AXA IM
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NewsUnion Investment lands first clients for shareholder engagement service
GERMANY – Clients include church supplementary pension schemes in province of North Rheine-Westfalia.





