Latest articles from Val Cipriani

USS launches £1bn asset-backed securities push

News on the go

On the go: The £90bn Universities Superannuation Scheme has launched an in-house mandate to invest in asset-backed securities.

Worcestershire invests in climate fund, insurers lock in net zero targets

ESG spotlight

ESG spotlight: A roundup of the latest news on environmental, social and governance initiatives, including the Worcestershire County Council Pension Fund investing in a climate fund, bulk annuity insurers all having set net zero targets, and the Church of England Pensions Board slashing the carbon intensity of its holdings by a fifth.

Universal Office Supplies scheme agrees £47mn buy-in

News on the go

On the go: The Universal Office Supplies Pension Scheme has agreed a buy-in with Legal & General.

William Hill insures all liabilities, boarding school agrees full buy-in

Risk Watch

Risk watch: A roundup up of the latest derisking transactions, including the William Hill scheme’s transaction with Rothesay and Gordonstoun School’s full buy-in with Legal & General.

Wandsworth weighs up renewables, asset owners demand engagement

ESG spotlight

ESG spotlight: A roundup of the latest news on environmental, social and governance initiatives, including the Wandsworth Pension Fund assessing opportunities in renewable infrastructure, the Net-Zero Asset Owner Alliance pushing for greater engagement, and the Institutional Investors Group on Climate Change highlighting the investment opportunities linked with the Paris Climate Agreement.

Health research charity closes DB schemes to future accrual

News on the go

On the go: The Wellcome Trust decided to close its two defined benefit pension schemes to future contributions.

USS strengthens net zero goal, PIC and Railpen invest in social housing

ESG spotlight

ESG spotlight: A roundup of the latest news on environmental, social and governance initiatives, as the Universities Superannuation Scheme increases the scale of its net zero ambitions, the Pension Insurance Corporation backs Northern Irish social housing and the Railways Pension Fund agrees to fund affordable housing in east London.

USS increases Thames Water stake

News on the go

On the go: The £82.2bn Universities Superannuation Scheme has made an additional investment in utility company Thames Water, increasing its holdings in the business to almost 20 per cent.

Pension funds ‘outcompeted’ on UK green infrastructure investments

Pexels

Sky-high demand for UK green infrastructure assets means pension funds are often unable to invest as much as they would like in the asset class, industry figures have argued.

Warwickshire County Council hires pensions admin

News on the go

On the go: Warwickshire County Council has hired the West Yorkshire Pension Fund as pensions administration provider for the Warwickshire Firefighters’ Pension Scheme.