Strategy
Get the latest news on pension fund and investor strategies, plus in-depth analysis of industry successes and tactical U-turns
Latest news
Fidelity International to integrate private markets assets into default investment strategy
The circa 15% allocation by Fidelity’s FutureWise fund will be the first into its recently approved Long-Term Asset Fund
VBL picks Nordea to invest €1.25bn in Paris-aligned equities
The fund is pursuing an ambitious CO2 reduction target as it aims to cut greenhouse gas emissions by 7% per year
BP to repatriate Dutch pensions from Belgium
The fund is also considering a buyout to a Dutch insurer for its Belgium-based DB accruals
NBIM revamps, shifts focus from real assets to energy and active management
Real assets CIO Mie Holstad quits as all areas of active management brought under one umbrella
IPE Nordic Briefing: Iceland preps review of national pensions sytem
Plus: Iceland schemes reject banking rules; Sweden’s watchdog warns of risks for consumers on pension transfers
#10 Leaders in Investment podcast: Conversation with Professor Dirk Schoenmaker, Investment Committee Chair, PFZW
In Episode #10 of IPE’s Leaders in Investment podcast series, IPE Editorial Director Liam Kennedy interviews Professor Dirk Schoenmaker, Investment Committee Chair at Dutch pension fund PFZW
Spanish country report 2024: Pension funds eye a new rate environment
Buoyed by strong returns, pension funds have been lengthening the duration in their fixed-income portfolios
Pension funds outline progress towards net zero
Europe’s leading pension funds talk about their journey to net zero so far
Transition strategy one step at a time
Pension funds and asset managers are upping their game when it comes to the transition to a low-carbon economy
BNY Investments: More than the sum of the parts?
The world’s top asset managers are a diverse bunch. From pure-play managers to investment bank-owned firms and those with an asset servicing heritage, the different flavours also reflect the changing nature of the sector.
Veritas: Finnish pension insurer seeks in-house efficiency
Veritas CIO Laura Wickström talks to Pirkko Juntunen about the challenges and opportunities of running a lean but efficient internal investment team
Endowment funds stick with alternatives despite headwinds
Disappointing returns in the last fiscal year may force US university endowments to rethink their investment strategies, but could this include moving away from the so-called Yale model that focuses on alternative investments?
Mansion House Compact: spotlight on Scottish Widows
Scottish Widows joined the Mansion House Compact in July 2023 as one of the founding signatories committing to allocating at least 5% of its default funds to unlisted equities by 2030
Mansion House Compact: spotlight on M&G
M&G joined the Mansion House Compact in July 2023 as one of the founding signatories committing to allocating at least 5% of its default funds to unlisted equities by 2030
Next year’s Swedish FTN plan includes SEK145bn active IT equities mandates
Fund Selection Agency outlines 2025 procurement plan for four actively managed premium pension fund categories and one index-based
Can active ETFs give institutional investors more choice?
Pension funds are increasingly showing interest in active ETFs for their flexibility, cost-effectiveness and ability to generate value beyond index returns
Portfolio managers rank green, social issues at bottom of performance drivers
Study offers ‘reality check’ and guidance for asset owners wanting to boost sustainability performance
Swedish agency extends Swedish equities tender; gives details on global equities
FTN publishes preliminary specifications for actively managed global equity funds, and firms up launch date, specifying month of November.
Swedish funds agency opens for domestic equities bids in biggest tender yet
Platform reformer FTN invites tenders for more than SEK155bn (€13.6bn) of investment management; aims to halve the number of funds currently on offer
Next year’s Swedish FTN plan includes SEK145bn active IT equities mandates
Fund Selection Agency outlines 2025 procurement plan for four actively managed premium pension fund categories and one index-based
Swedish pensions agency awards €5.8bn of index equity mandates
Handelsbanken, Mercer and Skandia among winners in agency’s second tender award announcement
Swedish agency extends Swedish equities tender; gives details on global equities
FTN publishes preliminary specifications for actively managed global equity funds, and firms up launch date, specifying month of November.
Swedish funds agency opens for domestic equities bids in biggest tender yet
Platform reformer FTN invites tenders for more than SEK155bn (€13.6bn) of investment management; aims to halve the number of funds currently on offer
Equities: Active investors keep their eye on the prize
As equity markets enter a new phase after the August 2024 sell-off, institutions are sticking to their long-term active equity approaches
Have factor investing strategies had their day?
Factors have inspired indices, spin-offs and a variety of investment strategies but it has become hard to argue that they will offer investors a persistent future premium
Equities: Active investors keep their eye on the prize
As equity markets enter a new phase after the August 2024 sell-off, institutions are sticking to their long-term active equity approaches
LD picks BankInvest for listed alternatives, citing quant, factor-based approach
Danish pension fund manager “pleasantly surprised” by volume of extremely high quality offers received
TPT Investment Management launches LDI solution for DB schemes
Solution is designed to enable schemes to implement robust long-term funding strategies focused on their endgame objectives
Can UK DC pension schemes plug the venture capital funding gap?
Europe is becoming an exciting place for tech start-ups, but they are receiving little support from European pension funds, which have eschewed venture capital since the bursting of the dotcom bubble in the late 1990s.
Ireland’s Pensions Authority launches trustee guidance on liquidity risk
The Authority’s guide highlights LDI, leveraged LDI, sale and repurchase agreements, swaps, currency hedging and inflation hedging as strategies to look out for
Case study: Caja de Ingenieros Gestion - The rise of smart beta
The Spanish pension provider Caja de Ingenieros Gestion serves more than 215,000 members, predominantly from the Spanish engineering sector, using an investment style based on independent analysis, with a bottom-up approach.
Smart beta pioneer reignites debate on factor timing
Research Affiliates founder Rob Arnott finds ‘most factors look very cheap’ in a new paper highlighting the attractiveness of many equity factor strategies
Viewpoint: Alternative risk premia strategies stand tall amid turmoil
While bond and equity markets have been pummeled in 2022, Alternative Risk Premia strategies have at last been able to demonstrate their diversification prowess. Will this year’s performance restore investor confidence in these strategies after the painful results of 2020?
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