Pension Fund Strategy – Page 4
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News
Enpam overturns deficit forecast with €826m profit on invested assets
The scheme will end the current year with a budget surplus of €484m, a result that overturns the previous outlook of a deficit amounting to €84m
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News
ABP, Aegon, Phoenix and GPFG named among climate lobbying leaders
Using publicly available information, InfluenceMap scored 30 pension funds and insurers from around the globe
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News
Merchant Navy Ratings Pension Fund completes £450m longevity swap
Transaction is structured as an insurance contract with a captive insurer in Guernsey
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News
Inarcassa expects €1.2bn budget surplus as it implements new strategy
Budget surplus is result of income from members’ contributions and expenses for pensions paid, returns on invested assets, and operational costs
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News
Assoprevidenza to rank asset managers on ESG grounds
Assoprevidenza, the Italian association of the complementary pension sector, will start ranking asset managers according to their ESG strategies and the role played by sustainability in governance processes, it announced today. The members of the association will use the metric provided by research company ET.Group to rank asset managers, tender ...
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Interviews
HypoVereinsbank pension funds: Searching for sustainability in private markets
Markus Schmidt, director of asset management for the pension funds of Germany’s HVB, talks to Carlo Svaluto Moreolo about the schemes’ combination of strict liability and risk management with a broad growth portfolio and sustainability focus
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Country Report
Danish pension funds split over venture capital opportunities
PensionDanmark is backing early-stage venture capital investments but its peers are shying away from VC
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Country Report
Denmark: ATP boss stands by investment strategy in face of critics
Labour market fund CEO Martin Præstegaard: ‘Stick to current investment strategy but be open to change’
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Country Report
Sweden's buffer fund AP4 considers doubling allocation to defensive equities
An overhaul of buffer fund’s dynamic normal portfolio is already under way in a bid to adapt to greater global uncertainty
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News
Pope calls for review of Vatican pension system to improve financial outlook
Pope Francis appoints Cardinal Kevin Farrell as sole administrator of the Vatican pension fund
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News
Velliv keeps new strategy under wraps pending arrival of new CIO
Kehlet Johansen says Danish pensions firm needs ‘new eyes and other skills’ as CIO Anders Stensbøl Christiansen quits
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News
Geopolitical conflict tops concerns list for pension funds
To hedge against this risk, funds want to further diversify their portfolios, for example by increasing investments in private assets
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News
Sweden’s AP7 divests €100m of oil firms for lacking climate plans
National pension fund excludes EOG Resources and MEG Energy, but brings Hitachi Zosen and SGL Carbon back into investment universe
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News
UK’s Unite asks pension funds to halt investments with Pemberton
Clwyd and six other Welsh pension funds invest in Pemberton via the Wales Pensions Partnership’s private credit strategy
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News
Italy’s CDC scheme to invest €1.1bn across equities, bonds, alternatives
The scheme will invest 72.4% of the €1.1bn planned for next year in bonds, 4.5% in equities, and 23.1% in illiquid alternatives, including real estate
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News
Danish quartet invests €214m in bonds targeting UN goals
PFA, PKA, P+ and PenSam anchor new loss-guaranteed fund alongside government agency, with Danish SDG Investment Fund II aiming to raise DKK5bn in all
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News
Swiss pension fund CEO slams regulator for meddling in schemes’ operations
Emmanuel Ullmann of PKSO says OAK BV is ‘intervening very heavily in the operational machine room’ of a pension fund
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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
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News
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
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News
BP to repatriate Dutch pensions from Belgium
The fund is also considering a buyout to a Dutch insurer for its Belgium-based DB accruals