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Editorial

Best of 2025

From the DeepSeek-driven reassessment of the US’ AI leadership to the Liberation Day tariffs which plunged global trades into uncertainties, 2025 has tested asset owners’ theses around geopolitical stability, the dominance of the tech sector, and geographical diversification. Here are the top read stories of this year.
Featured Story

Alaska’s APFC: Why any nudge lower in private equity will be slow progress

As Alaska's APFC mulls trimming its 18 per cent private equity allocation, the reality of getting legacy managers off the books is proving more challenging, according to deputy CIO, private markets Allen Waldrop. In an interview with Top1000funds.com, he also shares his view on secondaries and manager selection. 
Podcasts

CalPERS’ Stephen Gilmore on the total portfolio approach

Listen to the detailed interview between Top1000funds.com editor Amanda White and CalPERS' CIO Stephen Gilmore to gain insights into how a TPA mindset has the potential, through a shared focus on the total portfolio, to add value, simplify accountability and open new opportunities for investments.
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Why West Virginia’s CIO is worried about its China divestment directive

The $28 billion West Virginia Investment Management Board will divest from Chinese state-owned companies and CIO Craig Slaughter has reservations about the decision. He outlines in an interview with Top1000funds.com about why the directive is an extension of a big threat facing investors: a decline in liberal democracy. 
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Asset Owner Directory

The Asset Owner Directory is an interactive tool to give readers an insight into the world of global asset owners. It includes key information for the largest asset owners around the world such as key personnel, asset allocation and performance.

Fund NameCountryAUM ($B)ArticlesMore Info

Swedish Fund Selection Agency

Sweden$1083View Info

AMP

Australia$611View Info

Investor Profile
Featured Story

Alaska’s APFC mulls the positives of growing its small crypto exposure

The $84 billion Alaska Permanent Fund Corporation is weighing the benefits and risks of increasing its less than 1 per cent allocation to cryptocurrency following positive returns for the sovereign wealth fund. Despite the current policy tailwinds, the investor is wary about the asset class's liquidity and value drivers. 

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Events
FIS Oxford 2025

Why allocators need a ‘continuous exploration’ mindset for AI adoption

Asset owners are seeing a major shift in data management and analytics as AI enables more efficient investment processes. CPP Investments and OPTrust outline how the technology is being progressively integrated into their funds.
Upcoming Events
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Fiduciary Investors Symposium

The global economy is increasingly bifurcated between the US, Europe and Asia and how the growth projections and geopolitical risks between these regions plays out is of increasing interest to asset owners. This event looks at the return and impact opportunities in the region, and the importance of Asia in the global economy.

March 24-25, 2026 | Raffles Hotel, Singapore

Fiduciary Investors Symposium

This event looks at the challenges long-term investors face in an environment of disruption including ongoing geopolitical risk and shifts in global economic dynamics. By accessing faculty of Harvard’s esteemed university, this event will leave investors empowered to tackle disruption in their portfolios and working lives.

June 1-3, 2026 | Harvard University, USA
Sustainability
Sustainability

USS paper urges governments to do more to support climate policy

A new report from USS and the University of Exeter, argues that investors who focus on decarbonising their portfolios won't change real-world decarbonisation and would have more impact on climate change by buying transition investments.
Podcasts
Podcasts

The world in flux and Trump’s role in a new equilibrium

The second Trump administration has so far brought a lot of things: market shocks, volatile trade policies, and turbulent foreign relationships. But beyond the chaos, renowned geopolitics expert Stephen Kotkin says Trump has an unwitting role to help the world rebalance and reach a “new equilibrium” in the global order.

Fiduciary Investors Podcast Series

Global Pension Transparency Benchmark
Global Pension Transparency Benchmark

Global pension funds lift transparency, but cost reporting still lags

Global asset owners have made significant advancements in the transparency of disclosures with the industry, showing unprecedented alignment with best practices in performance, responsible investing and governance disclosures. However, cost reporting continues to be a pain point.
Risk
Opinion

The future is a riskier place than the present

In this regular column for Top1000funds.com, Tim Hodgson of the Thinking Ahead Institute argues that the future is riskier not only because it is uncertain, but because the quantum of risk increases with time. He unpacks what this means for investors' risk analysis and the term 'risk premium'. 
Asset Allocation
News

Limited alternatives keep global capital anchored to the US

Singapore’s Temasek said while US exceptionalism may be “fraying”, there aren’t many alternative markets that can handle the same volume of global capital. Meanwhile, fellow sovereign fund GIC believes the greenback’s reserve currency status remains solid even though currency swings could spell trouble for foreign investors.
Asset classes
Infrastructure

APG’s answer to aligning government and investment goals in infrastructure

An increasing push to invest in home markets means asset owners need better frameworks for aligning government expectations with investment goals. APG’s three-pronged approach for public infrastructure investments could act as a guide for other investors looking to balance fiduciary duty with political demands.