White papersClimate Action – two years on
Two years ago, L&G and AP7 partnered to invest in high emissions* companies and engaged with them to drive their emissions down over time, in an effort to combine climate impact with shareholder value creation. In this article, we reflect on successes and challenges over two years of engagement by the L&G team.
White papersListed equity returns don’t just materialise. Why true active management matters more than ever
The debate on the value – or otherwise – of active management has existed since Jack Bogle of Vanguard first invented the passive fund in the 1970s. Incumbents with vested interests on both sides make their own self-serving arguments.
White papersCapturing Consistent Return Streams in Capricious Equity Markets
For much of the past decade, equity investing has been defined by abundance. Strong beta, sustained momentum and a narrow group of market leaders meant that returns often came easily, just by being invested.
White papersSDG Farmland Fund expands Portuguese olive oil platform
Van Lanschot Kempen’s SDG Farmland Fund has acquired Panasqueira, an irrigated olive orchard of approximately 400 hectares in Faro do Alentejo, Portugal, further strengthening its permanent crops platform in the Iberian Peninsula.
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NewsUK DC providers move beyond illiquid debate towards implementation, says Isio
Research shows UK master trusts increasing illiquid allocations while implementation concerns move centre stage
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NewsCompenswiss tenders up to CHF1bn per money market fund allocation
Swiss institutional investors launch manager searches across liquidity, US equity and global small-cap strategies
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NewsFCA publishes review of transition finance for climate solutions
Regulator says UK is primed for green investments, and large investors should focus on demand signals and policy advocacy
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Opinion PiecesPension investors cannot afford to ignore the resilience premium
Planetary change is repricing assets – trustees need better signals to identify the long-term premiums for climate resilience
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AnalysisIPE DACH Briefing: Swiss pension funds step up private markets allocations
Siemens Pensionskasse is moving into direct lending to broaden its investment universe, while Asga Pensionskasse is also expanding alternative investments
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NewsGerman dentists’ scheme launches legal action over alleged private markets losses
VZB alleges unlawful high-risk investments breached regulations, triggering multi-party legal action against Forvis Mazars, ApoBank and Berlin over substantial losses
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NewsFidelity FutureWise grows to £25bn amid UK DC private markets push
The FutureWise workplace pension strategy has grown from £6.5bn since adopting a target date fund (TDF) structure in 2022
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NewsKPN pension fund abandons core-satellite approach
Dutch telecoms pension fund simplifies investment structure after underperformance and growing governance complexity concerns
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NewsPartners Group targets pension demand for income-focused private equity
Lower-leverage private equity strategy targets institutional demand for income alongside long-term capital appreciation
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NewsPeople moves: JP Morgan AM hires head of EMEA ETF capital markets
Plus: Germany’s occupational pension association appoints new board members; ZEDRA adds client director to team
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NewsMajor report on climate adaptation hailed as a ‘wake-up call’ for UK investors
Climate Change Committee says ‘critical action needed’ to safeguard the country’s financial system
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NewsUK DC consolidation drive gathers pace as L&G default fund reaches £25bn
L&G says its flagship DC default fund exceeded government scale ambitions and private markets commitments
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NewsFCA raises concerns about ESG in credit ratings
Move comes as US Republicans threaten credit rating agencies with enforcement action over integration of sustainability risks
White papersReal Assets in the Age of Supply Shocks: Why This Is a Buy Moment
Today’s acquisition opportunities favor active ownership and counter-cyclical development.
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NewsTrustees told to retain accountability as TPR sets expectations for pension AI use
The Pensions Regulator clarifies expectations on AI use, warning trustees that accountability remains unchanged despite rapid adoption across pensions
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NewsPGB defies trend with positive 2025 return – but only just
The Dutch multi-sector fund reaped the benefits of strong equity returns and a higher dollar hedge




