All Alternatives articles – Page 170
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Features
European real estate: the case for real estate
The performance, diversification benefits and attractive income profile of real estate permit to invest in a multi-asset portfolio, despite its relative illiquidity. Not surprisingly, the asset class is finding increasing favour with institutional investors, especially pension funds. First, real estate performance has been outstanding when compared to that of other ...
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Features
Hedge funds: an asset class and a new management model
An objective to generate absolute return During the past 20 years, two types of asset management developed simultaneously, but with different aims. On one hand, the global equity bull market enabled the classic asset management to evolve in a less sophisticated manner, since the achievements were measured through simple benchmarks ...
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Features
Strategic asset allocation: how to integrate alternatives
The increasing integration of the world’s economies and financial markets, and the sharp drop in share prices are now forcing investors to be constantly on the lookout for new sources of diversification and performance relays in strategic allocation. According to a range of studies undertaken in the US and Europe, ...
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Features
Active credit management: tools for added value
The introduction of the euro has had a marked impact on Europe’s debt markets and corporate financing. For some time, Europe’s top-tier companies have been able to fund themselves more cheaply through the capital markets than through banks. The impact on traditional bank lending has become greater as second-tier and ...
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News
Nordea shakes up asset management arrangement
DENMARK- Nordea Asset Management has announced it is centralising its European, US and global equity management in Copenhagen. At the same time it is centralising the management of Norwegian equities in Oslo while bringing its European fixed income operation to Copenhagen.
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News
ING reorganises asset management into regions
GLOBAL- ING Investment Management is to be introduced in ING’s regional businesses in the Americas, Asia/Pacific and Europe in a move that sees it rearranged along a regional basis.
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News
UK railway fund to increase private equity holding
UK- Railpen, the UK railway £13bn (e20.3bn) pension scheme, is to increase its allocation to private equity from 2% to 5%, taking the level of investment from around £400m (e626m) to £750m (e1.17bn).
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News
JP Morgan Fleming loses e391m balanced mandate
UK- Cambridgeshire County Council’s pension fund has dropped JP Morgan Fleming Asset Management from a £250m (e391m) balanced portfolio. The scheme is now tendering for a new specialist global equity fund manager to take on £130m of JP Morgan’s old mandate.
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News
AP3 commits further e135m to private equity
SWEDEN- Sweden’s third national pension fund AP3 has committed a further e135m to private equity taking its total investment in the asset class to e210m. The latest commitment by the fund is almost split half and half between US and European private equity houses.
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News
Shake up at US fund sees Rogge lose e611m mandate
US- A complete overhaul of asset allocation at the Illinois teachers’ retirement system (TRS) has thrown two mandates out to tender and led the fund to drop Rogge Global Partners from a $594m (e611m) international fixed income mandate.
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News
Mercers hires Standard Chartered's pensions head
UK- Mercer Investment Consulting has added to its UK team by hiring Standard Chartered Bank’s Chris Gill who joins as a European principal and senior consultant responsible for manager research and a number of clients.