All ALM articles
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NewsRWE Pensionsfonds strengthens cash flow investment strategies
The scheme has fine-tuned its strategic asset allocation after conducting ALM studies
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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
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NewsAP4 resets long-term scenarios amid US trade worries
Swedish pensions buffer fund CEO sees political environment remaining problematic for years
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NewsGeneva pension fund brings ESG considerations forward to ALM level
Development follows ‘deep discussion with the board’
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NewsNestlé pension fund considers private equity impact investments top priority
It will also establish a climate risk-management framework for investment opportunities that will be integrated in its sustainable investment policy
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NewsBayer Pensionskasse prioritises fixed income high credit rating allocation
Following an ALM study last autumn, the scheme has adjusted its strategic asset allocation
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Opinion PiecesGuest viewpoint: LDI regulation should not ignore private asset solutions
In the aftermath of the liability-driven investing (LDI) crisis, The Pensions Regulator (TPR) in the UK drew up guidelines for pension funds to improve the resilience of LDI strategies. These guidelines primarily aim to support the creation of liquidity buffers so that pension funds can withstand yield shocks. To that end, the guidelines advise pension funds to conduct stress tests and identify suitable collateral with respect to both leveraged and unleveraged LDI strategies using yield-shock scenarios.
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NewsInterview: Asset allocation for social partner pensions
Martin Eisele, senior vice president pension asset and liability management at Uniper, and Christian Pauly, general manager at Metzler Pension Management, discuss in detail the investment approach for the first pure defined contribution plan authorised in Germany
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News
Take account of stagflation in ALM studies, say consultants
The likelihood of stagflation has risen, but still insufficient funding ratio prevent pension funds from taking appropriate action
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IPE Conference: Strong sustainability a proxy for good company mgt
Former ATP CIO gives interview on 20th anniversary of massive liability hedging exercise
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DSM pension fund invests 5% in gold
The fund said it invests in physical gold which is stored at a Swiss bank
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Delta Lloyd scheme splits matching holdings into LDI, spread portfolios
It will also raise its stake in emerging market equity as well as real estate to 16.7%
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NewsKempen: Tail risks more likely to occur for pension funds
Extreme scenarios tend to be largely ignored by pension fund boards
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News
Dutch C&A scheme turns to passive ESG mandate
Scheme says it will be able to directly affect company policy on ESG issues
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NewsChinese insurers pick Redington’s analytics platform
The first two clients to benefit from YuYuan’s products and services
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AP3 reduces long-term target after ALM study
Swedish buffer fund concludes risk level well balanced, but expected returns have dipped
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NewsSwift energy transition ‘will aid climate and economy’: Ortec
Consultancy’s ALM model predicts beneficial effects if global warming is limited to less than 1.5°C above pre-industrial levels
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NewsDutch pension funds lay out aims for three-year ALM studies
Consultants asked to assess risk attitudes, climate change, inflation and ‘premium funding’
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NewsOrtec Finance advocates factor-based approach to asset-liability management
Carry, value, momentum and low volatility factors can be implemented strategically as well as tactically, consultant argues
