All Alternatives articles – Page 68
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News
LLMA unveils framework for longevity index
UK – The Life & Longevity Markets Association (LLMA) has published the governance framework for its planned longevity index.
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News
Danish pension funds in talks over €670m VC fund
DENMARK – Key players in Denmark's pensions industry have begun talks with the government to set up a DKK5bn (€670m) venture capital fund.
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News
Institutional investors to flock to hedge funds in next 12 months
GLOBAL - Hedge fund providers are set for a bumper year as one-third of institutional investors revealed plans to increase allocations to the asset class, industry research revealed.
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News
Dutch pension schemes call for 'special position' in EU derivatives legislation
NETHERLANDS – The three main lobbying organisations for pension funds in the Netherlands have asked the European Commission for a "special position" with respect to proposed EU legislation on derivatives and market infrastructure.
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News
Emerging market private equity investment surges, says EMPEA
GLOBAL – Booming deal flow, particularly in increasingly large transactions, is fueling robust growth in emerging market private equity investment, according to research from the Emerging Markets Private Equity Association (EMPEA).
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News
RE-Invest Partners unveils forestry fund for UK pension schemes
UK – RE-Invest Partners has teamed up with Consortium IM to launch a series of exempt unit trusts (EUTs) providing access to the RE-Forest Fund SICAR, a global forestry fund.
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News
Dymond joins USS as Private Capital Funds manager
UK – Michael Dymond has joined the Universities Superannuation Scheme (USS) as portfolio manager for Private Capital Funds.
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News
Institutional interest in healthcare sector growing, survey says
GLOBAL – Institutional investors' interest in the healthcare sector is growing apace, according to a study conducted by Kommalpha.
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News
AP1 seeks hedge fund managers for diversification
SWEDEN – Första AP-Fonden, the First Swedish National Pension fund (AP1), is seeking as many as three strategic partners to run hedge fund portfolios valued up to $1.5bn (€1.2bn).
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News
German pension funds focus on liquidity, poll says
GERMANY – Among German institutional investors, pension funds are the least concerned about security when making investment decisions, according to a poll commissioned by alternatives manager Aquila Capital.
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News
UK's planned Green Investment Bank eyes pension investors
UK – Pension funds will be a prime investor target group for the UK's proposed Green Investment Bank (GIB).
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Bosch boosts alternatives
GERMANY – The German technology multinational Bosch is close to achieving its 10% strategic asset allocation to alternatives for its Pensionsfonds.
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UK PPF's diversification plan continues with GTAA hires
UK – The £4bn (€4.9bn) Pension Protection Fund (PPF) has appointed six Global Tactical Asset Allocation (GTAA) managers in line with its revised statement of investment principles (SIP) published earlier this year.
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News
AIFM Directive postponed until September
EUROPE – Jean-Paul Gauzès MEP, the rapporteur for the Alternative Investment Fund Managers (AIFM) directive, has confirmed the European Parliament has postponed the adoption of the new rules on alternative investments such as hedge funds and private equity until September.
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News
ABP joins forces with Canada's OMERS on 15-year start-up initiative
GLOBAL – Dutch pension giant ABP has teamed with the Ontario Municipal Employees Retirement System (OMERS), one of Canada's largest pension funds, to launch a 15-year programme to invest in start-ups located in both countries.
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News
Switzerland's BLVK dumps hedge funds, hedges euro
SWITZERLAND – The CHF5bn (€3.7bn) BLVK Pensionskasse for the teachers in the Swiss capital of Bern has been "unconvinced" by the performance of hedge funds and is therefore liquidating the mandate as part of a minor revision to its strategic asset allocation (SAA).
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News
Europe falls behind, as alternative investments grow worldwide
EUROPE – Institutional investment in alternative assets is set to grow by more than a third, according to a recent survey by Russell Investment.
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News
Pension funds step in to help Icelandair Group
ICELAND – The Enterprise Investment Fund (FIS), the investment company established by 16 pension funds in December 2009, has made its first investment of ISK3bn (€19.1m) into Icelandair Group.
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News
Pension schemes target more illiquid strategies
GLOBAL – Property, private equity and infrastructure are the target areas for pension funds in the short to medium term as schemes look to move towards less liquid strategies, research from bfinance has revealed.
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Special Report
Portfolio Construction: Three Blind Mice
Accounting for fat tails of individual instruments is not the same as managing those tails at portfolio level. Svetlozar (Zari) Rachev and Georgi Mitov explore how advanced copulas might address the problem of fat tails, dependence models and portfolio risk