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
'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
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”
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?
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
US pension funds write to London Stock Exchange Group over SpaceX fast-tracking
Pension funds worth around $600bn have written to FTSE Russell’s parent company expressing concerns about the relaxing of rules which allow SpaceX to get fast track access into its indices — and therefore into passive funds
What do asset managers think is the biggest growth opportunity?
Germany is in the midst of radically reforming its pension system, which asset managers across Europe believe to be “one of the most significant structural growth opportunities” for years
UK local authority pension schemes rethink active equities after prolonged underperformance
Some UK institutional investors are reconsidering their UK equity exposures in light of continuing underperformance, including funds in the $534bn Local Government Pension Scheme
How has the ‘Your Future, Your Super’ test changed Australia’s pension funds?
In the latest AOX Trends Report video, editor Damian Fantato talks to APAC deputy editor Stefan Kostarelis about the ‘Your Future, Your Super’ performance test, how it has changed Australia’s pension funds and what the other countries considering similar processes should bear in mind.
Should asset owners ditch their US Treasury holdings?
Several asset owners have ditched their US Treasury holdings recently as yields rise despite Scott Bessent’s interventions, but despite these assets losing some of their predictability for many they remain “the safest of a bad bunch of places”.