Pension Fund Strategy – Page 15
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Interviews
Pension funds hold on to their equities
European pension funds are looking to maintain their equity allocations, despite an uncertain outlook for global growth
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Interviews
Alpha at the core: CERN pension fund's investment approach
Elena Manola-Bonthond, CIO of the CERN Pension Fund, talks to Carlo Svaluto Moreolo about the fund’s approach to investing in private markets and the years ahead
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News
Norway’s SWF returns 16% in 2023, but underperforms index
GPFG’s unlisted real estate suffers 12.4% loss, as property management drags overall relative return into negative territory
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News
PenSam picks S&P Dow Jones Indices to tailor climate-focused index
Danish pension fund CIO says carbon budget indices, plus customisation, let fund ‘achieve our climate objectives in a credible way’
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Analysis
Mansion House Compact: spotlight on Smart Pension
Smart Pension joined the Mansion House Compact in July 2023 as one of the first signatories, committing to allocating at least 5% of its default funds to unlisted equities
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News
Publica makes first infrastructure investment as part of strategic shift
The fund is pursuing a four-year plan to put the new strategy in place
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News
Unisys pension schemes complete buy-in with Standard life
£300m bulk annuity purchase will secure the benefits of 2,400 members
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News
Solidarietà Veneto picks new managers for ‘Garantito’ sub-fund
Replacement of Generali Investments triggered by interest rate environment offering new investment opportunities
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News
P+ divests 10 Chinese stocks on solar cell forced labour risk
“Solar cell production is one of the industries where the risk of links to forced labour is very high,” says pension fund’s responsible investments chief
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News
Sweden’s Folksam, KPA invest €35m in Skåne green bond
Most of investment taken up by municipal pension fund subsidiary KPA, which lauds hospital financing
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News
Geneva pension fund brings ESG considerations forward to ALM level
Development follows ‘deep discussion with the board’
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News
Telecom Italia’s pension fund rules out illiquid investments
The average age of pension members is too high to invest in those asset classes, the scheme says
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News
Norway’s SWF builds up stewardship team in New York
With North American assets making up nearly half the €1.4trn SWF’s equity fortune, gaining more first-hand experience in the region is key for GPFG, says governance chief
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News
P+, PBU and Nordea top Danish pension fund returns
Illiquid asset returns ‘modest’ in 2023, says Nikolaj Holdt Mikkelsen, blaming lack of write-downs the year before
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News
KENFO excludes infrastructure assets in oil and gas sector
The fund will not provide new financing for these assets unless they comply with net zero targets set by NZAOA
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News
ATP increases focus on digitisation in new group strategy
Bare bones of Danish pensions giant’s new strategy emerge – no details on investment approach
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News
Nordic pension funds split over owning Saudi Aramco
AP7 said it is in dialogue with KLP about exclusion of the world’s biggest oil company
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News
PKBS adjusts investment policy to navigate interest rate volatility
To fend off interest rate volatility, PKBS cut the strategic quota it held in bonds
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News
Swiss APK applies minimum interest rate on members’ pension savings
The scheme expects its funding ratio to hit 100% after a ‘very volatile’ year
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News
Profond returns 4.6% despite market volatility
The pension fund recorded a 4.6% return and a funding ratio of 107%