Investor Profile

How the tech surge has hit active management at Denmark’s AP Pension

The active equity strategy of Denmark’s €23 billion AP Pension – which focuses on a narrow exposure to a small set of high conviction, quality companies - has been hit by the surge in tech stocks, none more so than Nvidia. Investment director Pernille Jessen explains the problem.
Sarah RundellAugust 20, 2024
Investor Profile

Border to Coast prepares to answer the call for pre-IPO growth capital

Sarah RundellJuly 30, 2024
FIS Toronto 2024

Looking past the hype to the real benefits (and risks) of AI

Simon HoyleJune 12, 2024
FIS Stanford 2023

CPP takes a fundamentally different approach to equities

Amanda WhiteOctober 5, 2023
Equities

CalPERS reviews factor allocation

Sarah RundellOctober 3, 2023
Sort content by
Featured Story

Oregon’s OPERF charts progress in hedge fund overhaul

The $95.4 billion Oregon Investment Council has established anchor relationships in relative value, event-driven, and global-macro strategies, expanded the CTA portfolio, equally weighted managers, and is looking at additional multi-strategy funds. Meanwhile it is also restructuring its public equity allocation following a review of the portfolio and its managers.
Sarah RundellAugust 3, 2023
Investor Profile

Switzerland’s rail fund SBB takes on more risk

Convinced higher interest rates signpost higher anticipated returns ahead, Pensionskasse SBB, the Bern-based pension fund for employees of Switzerland’s state-owned railway company, will increase its equity allocation including private equity. It plans to add managers in both public and private equity.
Sarah RundellJuly 25, 2023
Investor Profile

How CPP’s active equities team delivers pure alpha

The active equities team at CPP Investments has abandoned antiquated investment categorisations, such as style and size, and views companies through a more holistic “domain” interpretation. Global head Frank Ieraci discusses the team’s approach and the contributions it makes to the total fund, including capital efficiency, agility and pure alpha.
Amanda WhiteJune 15, 2023
Risk

Turmoil at Alecta as CEO fired and equity revamp promised

Alecta, Sweden’s biggest pension fund with $110 billion of assets under management, has fired its chief executive Magnus Billing following nearly $2 billion of losses incurred from last month’s US banking crisis. The pension fund is also beginning an enquiry into how it manages equity.
Sarah RundellApril 12, 2023
View more articles