French pensions' push into evergreens could trigger $45bn inflow into unlisted assets
The French government is putting pressure on the country’s pension schemes to increase their private asset allocations
Why Taiwan’s cautious asset owners are turning to venture capital
Taiwan’s insurers and government funds have typically had a strong preference for bonds, particularly those backed by the US Treasury. But change is afoot as they have started wading further into venture capital. So what’s going on?
'SpaceX fast tracking means we may rethink our index', $350bn pension CIO says
Monte Tarbox, the chief investment officer at the New York City comptroller’s Bureau of Asset Management, said his confidence in FTSE Russell was “seriously undermined” by its decision to fast-track SpaceX onto its indices after its IPO and that he will watch closely to see how the Anthropic and OpenAI listings are handled
Reports of dollar's demise may not be exaggerated
Foreign appetite for US sovereign debt has been harmed by ongoing geopolitical turbulence, while some large investors have reported an interest in diversifying away from US-dominated market-cap-weighted indices
Sovereign wealth funds shift towards alternatives as equities lose ground
Alternatives displaced equities as the most sought-after asset class among SWFs in Europe and the Americas during the 12 months to August 31, with Singaporean sovereign investor Temasek announcing it would increase its private credit exposure to up to 5 per cent from 2 per cent in the coming years
Why are Dutch pension funds cooling on mortgages?
Following the 2008 financial crisis many Dutch pension funds started investing in mortgages, with $14.7bn a year flowing into these funds at its peak. But many are now scaling back, so what has happened?
Calpers heads to court against US healthcare company
Calpers, which owns a 0.2 per cent stake in UnitedHealth Group, is suing the company over allegations it engaged in “widespread, fraudulent and deceptive schemes” to maximise its revenue
Do asset owners now control the fate of the dollar?
The foreign assets of some of the largest pension funds in the world are now larger than their country's foreign exchange reserves. What does this mean?
Turkey's largest asset owners dodge fund scandal
Last month the Turkish market authority ordered the liquidation of more than 130 investment funds over what has been described as “Ponzi-like” activity. Have any of Turkey’s largest asset owners been affected?
Enlarged UK pension funds grow more demanding in manager relationships
Large UK funds are showing a preference for segregated accounts and bespoke mandates when investing in unlisted assets, including infrastructure
Wealthy US families have used ETFs to cut their tax bills, but the taxman has noticed
Wealthy families in the US have used more than than $20bn so far to seed ETFs, in a move which allows them to avoid the tax implications of selling assets. But the tax authorities have caught on and the implications for the ETF market could be “seismic”
Why Italy’s banking charities have spotted an opportunity in Europe
The regional foundations which were born from Italy’s banking reforms in the 1990s think changes to the way the European Union funds projects around the bloc have offered up an investment and a grant-making opportunity
Asset owners consider broader fixed income mandates amid rising sovereign debt yields
The yield on a 10-year gilt is at its highest level since 2007, so what does this mean for the investment decisions made by asset owners?
How does a foundation which supports artists align its portfolio to its mission?
The $114bn Jerome Foundation is eliminating the distinction between its grantmaking dollars and the rest of its investment portfolio, but what does this mean in practice for a foundation which provides grants to support the creation and development of new works by early-career artists?
Pension funds explore investment opportunity of 'alternative' proteins
The $158.7bn Border to Coast Pension Partnership has released a series of investment insights which explores the prospect of a world more restricted by climate constraints which shifts away from large mammal livestock such as beef and lamb, to more diverse range of proteins sources, including “insect-derived ingredients”
How much influence do consultants have over exposure to ‘risky’ assets?
Academics at Stanford and Harvard schools of business have found that the rising exposure to ‘risky’ assets in pension funds is closely linked to consultants’ increasing bullishness towards these assets
What could collaboration between Scotland's $93bn pension funds look like?
Scotland’s Local Government Pension Scheme funds are trying to put together a framework for local investment and collaboration - in the hope doing so voluntarily will avoid the government intervention seen in England and Wales
Fiduciary managers face scrutiny over ‘lack of conviction’
Although global equity markets rose around 75 per cent in the three years to the end of 2025, fiduciary managers captured only a small proportion of those gains
Are Japan’s asset owners ditching US Treasuries?
Treasury secretary Scott Bessent has been intervening in the market to strengthen the yen - in a bid to discourage Japan’s investors from selling dollar assets such as US government bonds. We speak to asset owners to find out if he’s right to be concerned