Retail redemptions fail to dent asset owner private credit appetite
While several private credit funds have been hit with waves of redemptions from retail investors since the end of last year, asset owners continue to commit to the asset class, according to data collected by AOX sister publication MandateWire.
A brotherly reconciliation worth €10bn
Delfin, the holding company for EssilorLuxottica has been the subject of a legal dispute between two of the heirs to Leonardo Del Vecchio’s eyewear empire. A truce has recently been agreed, but how long will it last?
Generalist private equity managers face a hard time fundraising as investors struggle to exit expensive deals
Private equity fundraising remains muted as the industry grapples with unsold assets acquired at higher valuations. Industry leaders at the recent SuperReturn conference in Berlin said managers who fail to demonstrate value creation will struggle in fresh fundraising rounds as competition drives up asset prices.
Investors urged not to retreat too far into cash amid market turbulence
While a liquidity crunch in private markets, coupled with an increasingly turbulent macroeconomic backdrop, has resulted in a number of large investors prioritising building portfolios’ liquidity, investment consultants have warned against pivoting too heavily into the space.
Finnish pension centre highlights private equity costs in new report
Analysis by Eläketurvakeskus, the Finnish Centre for Pensions, has highlighted the cost-reward benefits of private equity at a time when governments across the globe push pension funds towards greater investment in the asset class.
The IA conference roundup: trends transforming investment
At the Investment Association's 2026 annual conference, industry experts unpicked the major forces currently driving change in asset management, from AI to the impact of geopolitics. In this video AOX senior reporter Juliet Martin summarises the day's key discussions.
Middle East family offices look to OCIO model
Once reticent to externalise investment advisory, family offices in the Gulf Cooperation Council are now looking to outsource their core investment functions. Or so say the experts.
KiwiSaver providers unfazed by NZ Super ruling but heed its warning
Although providers within New Zealand’s NZ$140bn-plus KiwiSaver voluntary retirement scheme see little direct legal risk from a recent ruling against NZ Super, they say it underlines the need for a rigorous approach to sustainable investing.
Do new Dutch pension regulations infringe EU law?
The Dutch pension market is undergoing huge reforms, but it turns out the Dutch government and the European Commission are engaged in a “pre-infringement dialogue” after the latter suspected that the new Dutch pension rules infringed European law.
Why the number of family offices based in Hong Kong has gone up by 25% in two years
Over the past couple of years, Hong Kong has been extremely proactive at encouraging family offices to relocate to the territory and has set up a government-backed support team to enable this
British MPs have a large allocation to junk
The Parliamentary Contribution Pension Fund, which has 869 members made up of current or former British MPs, has a significant exposure to sub-investment grade fixed income
Swedish buffer funds face tougher governance requirements on illiquid investments
Sweden’s minister for financial markets explains the reforms which his government is planning on pursuing to the way the country’s pension funds invest in illiquid assets
Swiss multi-family offices join forces for scale and geographic reach
Wealthy families are increasingly looking beyond private banks towards multi-family offices, a trend which has led to consolidation within Switzerland’s multi-family office sector
How one of Europe’s biggest university endowments is run
Stefano Caselli, the dean of SDA Bocconi School of Management and a member of the investment committee of Bocconi Endowment Management, explains why his university is an outlier within Italy and Europe at having such a fund, how it is run and why he thinks more European universities will consider them
Pension funds object to SpaceX governance ahead of blockbuster IPO
Calpers, Calstrs and New York’s comptrollers have all expressed concern about SpaceX’s governance, which gives Elon Musk ‘virtually unheard of’ control over the company, ahead of its IPO in a few weeks
Energy shocks spark asset owner interest in renewable energy
Stock market volatility caused by instability in the global energy supply after the closure of the Strait of Hormuz has led some asset owners to view renewable energy as a more stable asset less prone to geopolitical risk
What even is the UK’s National Wealth Fund?
The UK’s National Wealth Fund is trying to ‘crowd in’ investment into areas which the market might otherwise ignore. But why are no UK pensions taking it up on the offer? And what even is the fund?
Master trusts must lower variance in investment returns and bring fees down, UK commission says
The UK’s second pensions commission has found that savers with similar outcomes can pay fees ranging from about 0.1 per cent to more than 0.5 per cent depending on their employer
Why pensioners think Dutch pension reforms are a work in progress
Koepel Gepensioneerden, the largest advocacy group for senior citizens in the Netherlands, says the landmark pension reforms which kicked off this year still need work to avoid disadvantaging pensioners
Are consultants recommending asset owners ditch private credit?
Concerns about private credit have been widespread as some lenders, such as Blue Owl, have faced difficulties. But consultants are not seeing any trepidation among their clients