Wellcome Trust is holding nearly 10 per cent of its £37.6 billion portfolio in cash and bonds as it waits for sufficiently interesting long-term investment opportunities to arise – namely a big fall in public equities that would absorb large-scale funds quickly.
Stephan Bereuter, CIO of Switzerland’s Migros-Pensionskasse (MPK) explains why he favours gold, and argues that after three years in the doldrums core real estate opportunities are starting to open up.
At a recent board meeting, trustees at Alaska’s sovereign wealth fund APFC garnered insights on governance from recent turmoil at PSERS’ and Ohio State Teachers.
Only two years into the top investment job at OMERS, Ralph Berg has made his mark, dramatically re-engineering the investment programs, adjusting the geographical focus and getting ready to buy as M&A markets open up. Amanda White reports.
Investors have plenty of reasons to be bullish about China’s financial markets in 2025, according to one of the country’s top economists, as tech stocks continue to rally and expectations grow that the central government will soon shift to a looser macroeconomic policy stance.
CalPERS CIO Stephen Gilmore talks the board through their role in setting the risk parameters behind a Total Portfolio Approach. The investment team hope the board will have selected its level of risk tolerance by November off which a TPA strategy can launch in July 2026.
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