The state has benefitted from oil and gas production but New Mexico's fund - which is now the second-largest in the US - has also pivoted to the sectors which it hopes will drive its economy once fossil fuels dry up, and its growth changing the way the fund is run.

By some estimates, the amount of money insurers have pumped into private credit has more than doubled from $490bn in 2021 to $960bn in 2023. This, according to a recent paper, has had a “profound” impact on the asset class’s risk-return profile

Chris Redmond, global head of manager research at WTW, says consultants are taking a granular approach to understanding manager behaviours through a close evaluation of products, going under the hood to understand managers' particular strengths and their investment philosophies

Bank of England deputy governor Sarah Breeden, speaking at the FT’s Private Credit Connect conference, compared the problems within private credit to “lemons” and “sausages”

The UK has become one of the few countries where collective defined contribution pensions exist. How does the way it is approaching CDC compare to the approach taken in the Netherlands, where these funds have been common?

Uncertainty around the fixed income outlook has unsettled some asset owners. But those who have embraced active management have been able to weather market risks more effectively

The Irish pension system is entering a phase of consolidation, which is currently taking place organically. But experts predict this will not last long and the republic’s government will soon intervene to speed things up

The People’s Pension, which manages $54bn in assets, has recently made its policy on responsible investing less ambitious following an ‘in-depth review’

The Islamic finance market has grown by nearly 200 per cent in recent years, with growth in bond-like instruments now making it possible for pensions to provide more diversified options. But does that pose a concentration conundrum?

Investments in private equity by European institutional investors have remained broadly flat since the end of the Covid-19 pandemic but there are signs asset owners are looking at smaller scale opportunities

FTN, the Swedish fund selection agency, has removed one of its most popular global equity funds from its platform - a move which has triggered a court battle with the fund management company

Following the 2008 Icelandic banking collapse, the country’s pension system imposed a cap on foreign assets which is now gradually being lifted. We speak to Iceland’s largest open pension fund about it

Asset owners are concerned about another sovereign debt crisis and are weighing their liquidity needs as they prepare for periods of market stress. But investors continue to show interest in private credit, despite concerns over default risk

As demand for private assets has gone up, the number of evergreen funds available has increased by 200 per cent over the past decade. Are these vehicles a genuine innovation, or is it all just marketing?

Over the past few weeks AOX reporters have been surveying asset owners to answer a question which has been surprisingly hard to get to the bottom of: how popular is the total portfolio approach

Since April 1, all fund assets in the UK’s $533bn Local Government Pension Scheme should - in theory - be managed at the pool level, with the pools becoming the primary providers of investment advice. But has this happened in practice?

Colombia’s pension funds are making crypto increasingly available to investors in a bid to widen the array of options available to them, making it one of the earliest adopters in Latin America of this asset class

Sweden’s pension system is going through a process of consolidation, which for some funds like AP2 means a change in investment approach

Matt Tickle, chief investment officer at Barnett Waddingham, says AI businesses globally have also begun issuing "meaningful amounts of debt and investment-grade credit", which could begin to crowd out the amount of capital available to other types of investors

Blue Owl Capital recently gated one of its direct lending funds but pension funds which have committed money to the company say they are not worried