All Investment articles – Page 14
-
NewsGrowing momentum behind derisking solutions
Data crunch: With the momentum added to the derisking market in the fourth quarter of 2022, it is little wonder that 2023 is being touted as a bumper year for derisking strategies, with many getting their endgame over the line.
-
NewsMarkets forced public sector funds to mull direction change in Q4 2022
Data crunch: UK local government pension schemes continued to review their investment strategies in the fourth quarter of 2022 in light of the results of March’s round of triennial actuarial valuations.
-
NewsConsultants advise diversification as recession fears mount
As recession fears rise, investment consultants are advising institutional clients to ensure their portfolios are well diversified to reduce downside risks. They also advocate a degree of dynamic asset allocation in a bid to capitalise on changing market conditions.
-
NewsLords call for ‘far stricter limits’ on LDI leverage
A committee in the House of Lords has called for “far stricter limits” on leverage in liability-driven investments, which it believes caused the Bank of England intervention, while considering giving the Prudential Regulation Authority a role in schemes’ supervision, due to their “bank-like” strategies.
-
NewsLondon CIV faces uncertainty as local authority fund ponders future
Despite the government’s best efforts to pool the assets of UK local authority pension funds, one London scheme – the £1.5bn Royal Borough of Kensington and Chelsea Superannuation Fund – recently revealed it may leave the London CIV.
-
OpinionTurbulent weather ahead for DB schemes
We live in a world right now that seems fraught with risks.
-
NewsRoyal Mail scheme hires BlackRock to manage assets
On the go: The circa £13bn Royal Mail Pension Plan has hired BlackRock to handle £8.8bn worth of its defined benefit scheme assets as an outsourced chief investment officer.
-
NewsManagers using LDI debacle to ‘grab assets’ from schemes
Asset managers are using the liability-driven investment turmoil as an excuse to “grab assets” from defined benefit schemes by demanding buffers higher than those recommended by the regulators, a former fund manager has revealed.
-
NewsUK investors flock to real assets and private markets despite red flags
Analysis: UK investors led the charge to real assets and private markets last year as interest in alternatives remained high, despite warnings that macroeconomic pressures could have a negative impact on certain alternative asset classes.
-
NewsNest and Cushon explore forestry, Manchester commits to infra
ESG spotlight: A roundup of the latest news on environmental, social and governance initiatives, including Nest and Cushon looking to explore forestry investments, and the Greater Manchester Pension Fund committing to sustainable infrastructure.
-
NewsLDI turmoil could reduce DB schemes’ investment in illiquids
The fallout from the September market turmoil will be “wide-ranging” for UK defined benefit schemes, with regulatory changes influencing their capacity to invest in less-liquid growth strategies, according to a new report from Bloomberg Intelligence.
-
NewsTPR delays investment data collection from DB schemes
The Pensions Regulator will not be collecting data on fiduciary management and investment consultants from defined benefit schemes as part of its 2023 scheme return, which can present a “gap in compliance”, experts have warned.
-
NewsBiggest asset managers accused of blocking ESG shareholder proposals
Non-profit ShareAction says the lack of support by BlackRock and other major companies has stymied investors’ environmental and social ambitions.
-
NewsLDI funds sold £23bn of gilts during market turmoil
Liability-driven investment funds sold £23bn of gilts in three weeks during the market turmoil in 2022, with pooled funds being forced sellers, Andrew Bailey has revealed.
-
NewsKensington and Chelsea fund considers leaving London CIV
On the go: The £1.5bn Royal Borough of Kensington and Chelsea Superannuation Fund is considering leaving the London CIV.
-
NewsTPR urges trustees to support DC savers amid economic challenges
The Pensions Regulator has said savers must be supported during current economic volatility amid concerns the value of some defined contribution pots has fallen.
-
NewsGovt actuary calls for improved data on schemes' LDI strategies
The government actuary has called on the Pensions Regulator to start collecting more data from defined benefit schemes about their liability-driven investments, among other suggestions to increase the visibility of risks associated with these strategies.
-
NewsConsultants advise asset owners to protect against tail risk
Amid high inflation, market volatility and mounting fears of recession, investment consultants are advising asset owners to consider implementing some form of tail-risk protection, while urging them to first focus on building well-diversified investment portfolios that could protect against downside risks.
-
NewsDB schemes mull legal action against LDI asset managers
Defined benefit schemes that suffered losses as a result of the recent market volatility are considering bringing legal claims against their asset managers and advisers, legal experts have warned.
-
OpinionLDI turbulence – the case for independent oversight
In times of crisis, pension funds’ investment strategies are put to the test – and 2022 has hardly been short of crises.