- Asset Manager News
Actis Acquires Enel Generacion Peru And Takes Over One Of Peru’s Largest Diversified Generation Portfolios
Funds managed by Actis, a leading global investor in sustainable infrastructure, have acquired Enel SpA’s approximately 87% stake in Enel Generación Perú S.A.A. (“Enel Generación Perú”) and 100% stake in Compania Energetica Veracruz S.A.C for a total US$1.3 billion. The transaction is valued at a US$2.1 billion enterprise value on a 100% basis.
- White papers
Stock-Bond Correlation: Theory & Empirical Results
Stock-bond correlation is an important component of portfolio allocation. It is widely used by institutional investors to determine strategic asset allocation, and is carefully monitored by multi-asset fund managers to implement tactical asset allocation. Over the past 20 years, the correlation between stock and bond returns in the US has been negative, while it was largely positive prior to the dot-com crisis.
- White papers
Real and alternative assets in focus in the strategic asset allocation
Our 2024 CMA outlines the general attractiveness of real and alternative assets compared to listed assets and confirms good opportunities in terms of risk/return profiles. The attractiveness of these assets is linked to the remuneration for the liquidity risk exposure.
- White papers
PEI Secondaries Roundtable: Private Markets’ Most Undercapitalized Asset Class
In a roundtable conducted by PEI, Ben Perl and other market leaders discuss the growth potential and opportunity set within the secondaries space, while also commenting on the issue of limited liquid capital available.
- White papers
The Coming Wave of Homebuyers
How higher rates for longer could be positive for U.S. consumption.
- Save articleNews
Capacity issues led to delay in Pensions Dashboards Programme
National Audit Office says capacity and capability issues, including lack of digital skills and ineffective governance, have contributed to delays to UK’s PDP
- Save articleNews
Brightwell drops head of sustainable investment role after Barron exit
BT Pension Scheme has decided not to replace Victoria Barron
- Save articleAnalysis
Mansion House Compact: spotlight on Aon
Jo Sharples, CIO for Aon’s DC solutions, spoke to IPE about Aon signing up to the compact and how it plans on embarking on a private markets journey
- Save articleNews
Share of Swiss underfunded pension funds shrinks to 7%
Occupational pensions regulator deems schemes’ financial situation solid to face geopolitical tensions this year
- Save articleNews
German corporate schemes prepare for market risks
The amount of pension obligations on the books of companies listed on the DAX rose by 5.6 percent to €332bn, says Aon
- Save articleNews
Professional trustee appointments increase marking fourth year of consecutive growth
However, support for member-nominated trustees (MNTs) continues and pension fund boards are encouragedto keep them
- Save articleNews
German parties urge FDP to end blockade on pension package reform
Germany’s finance minister Christian Lindner has blocked legislative proposals
- Save articleNews
PGB to focus sustainable investments on biodiversity, food systems
70% of members of the €37bn Dutch multi-sector fund support a focus on sustainability, according to a recent survey
- Save articleNews
AP7 starts distributing surpluses to savers to keep fees stable
Swedish default fund for premium pension finds solution to excess-money quandary as asset management surpluses grow
- Save articleNews
Fondo Espero to review investment strategy to set up new sub-fund, life cycle option
Strategic realignment comes after introduction of silent-consent rule to tacitly join the scheme
- Save articleNews
Investor coalition urges Amazon to ‘come clean’ on workers’ rights issues
The 20-strong global investor group said failure to recognise human rights norms represents a threat to shareholder long-term value
- Save articleNews
People moves: LGPS Central picks new chief commercial officer
Plus: Chair of Swedish Fund Selection Agency asks for resignation; IFoA appoints president-elect; P+ in Denmark names responsible investments head
- White papers
Investment Update: fragile recovery on real estate markets
Real estate markets are showing slight signs of recovery. For instance, real estate values seem to stabilise in the first quarter of this year. However, the recovery is still fragile, writes Casper Hesp, Director Investment Management at Achmea Real Estate, in the foreword to the new Investment Update. Investment volume is still low and government bond yields are rising slightly again now that the ECB seems to be waiting longer with interest rate cuts.
- Save articleNews
SFDR feedback report confirms market split over labelling categories
Feedback summary report shows market is undecided over what it wants from next steps for Sustainable Finance Disclosure Regulation (SFDR)
- Save articleNews
Swiss Parliament pushes discussion on pension funds’ cost transparency
Improving access to information would strengthen competition in an extremely sluggish market, according to parliamentary motion