Investor Strategy – Page 12
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News
AP7 hands LGIM large active climate-transition equities mandate
Swedish pensions giant says new partnership is first time it has combined a focus on firms able to transition with active ownership
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News
NEST advances into private markets as AUM reach £30bn
‘NEST needed an investment framework in place that could rapidly grow’, says Liz Fernando, NEST’s CIO
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News
Dutch Shell pension scheme reduces risk
The fund increased its interest rate hedge from 30% to 50% in 2022
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News
Tangen defends higher pay for investment staff in unfair dismissal case
CEO of Norwegian SWF manager takes witness stand in Oslo court
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News
Private markets overtake public in financing the real economy, says Partners Group
Partners Group concludes that private markets will attract new entrants, including major established financial groups
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News
Bank losses knock third off Alecta’s return in Q1, figures reveal
Troubled Swedish pensions giant tells IPE controversial US investments cost solvency three percentage points
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News
AP4 slashes transport holdings after green-shift fundamental analysis
Swedish state pension fund divests airlines, shipping, and traditional lorries while buying into US rail and niche players in truck freight
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News
Alecta makes positive return in Q1 despite US bank losses
Financial position deteriorated between January and March but still good, says troubled Swedish pensions firm
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News
Dutch pension funds reluctant to invest in government-led defence industry fund
PME and ABP are responding to a plan of the Netherlands’ Defence Ministry to establish a €1-2bn innovation fund for the defence industry
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News
DACH roundup: WTW warns Swiss schemes to review asset managers, custodians after banking crisis
Plus: DWS starts coal phase-out; German pension funds invest in UN agriculture programme
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News
Ilmarinen anchors biggest ETF launch yet
Finnish pensions giant prompts creation of tracker fund based on new MSCI climate index – switching €1.86bn into new ETF
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News
Norwegian government moves towards adding unlisted equity to SWF
Annual white paper on SWF includes call for more analysis from NBIM on unlisted shares
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News
Climate roundup: Scottish Widows invests £1.4bn in environment and climate
Plus: Carbon pricing is key to combating climate change, says LGIM; Phenix Capital issues carbon neutral metrics
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Opinion Pieces
Banking crisis delivers a lesson on equity strategy
We may never know the precise reasons why the in-house equity team of Alecta, the €105bn Swedish pension scheme, chose to invest in excess of €1bn in risky US banks including Silicon Valley Bank (SVB), much of which has now been written off.
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News
AP Pension divests further €42m fossil stocks including TotalEnergies, Shell
Danish pensions firm blacklists further 73 companies after tightening fossil fuel exclusion criteria
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News
US banking crisis costs ABP hundreds of millions
Danish pension funds have limited exposure to SVB, says FSA
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News
Alecta says it’s solid despite losing €1.3bn on US banks in days
Silicon Valley Bank, Signature Bank collapses erase 1% of Swedish pensions giant’s portfolio
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News
Dutch pension funds often vote against climate resolutions – study
Pension funds must get rid of their fear to be a nuisance to the companies they invest in, according to action groups Groen Pensioen and BothEnds
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News
Brunel Pension Partnership makes cost savings of £34m ahead of 2025 target
The pool claims to be saving almost four times the costs it incurs thanks to the management fees it negotiates
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News
Sweden’s AP funds claim ‘major improvements’ in cocoa farming’s child-labour issue
Buffer funds’ Council on Ethics to extend reactive work to cover more asset classes