emerging market debt

Strathclyde cuts equity allocation

The UK’s largest public pension fund is de-risking its successful equities portfolio and looking to private debt, emerging-market debt, global credit and UK infrastructure to fill the void.

Sarah RundellOctober 26, 2017

Calif. fund seeks ‘safe’ returns

San Bernardino County Employees’ Retirement Association seeks value assets with income and a contract. These qualities help ensure a return, while increasing holdings in cash and alternatives.

Sarah RundellJuly 6, 2017

M&S fund: a template for de-risking

Deficit and underfunding at the £6.7-billion ($10.4-billion) pension fund for employees of United Kingdom retailer Marks and Spencer had long weighed down one of the high street’s best known names. But a sustained, conservative investment strategy characterised by a “keen focus on risk management” and “an understanding of the scheme’s liabilities” has helped to turn […]

Sarah RundellAugust 9, 2013

Investor Profile

Mass PRIM: great returns, close trim

Michael Trotsky, executive director and chief investment officer of Mass PRIM managers is planning a raft of cost-saving measures from co-investment to more passive strategies and much harder fee

Sarah RundellJuly 31, 2013

Emerging Markets

The complex puzzle of emerging markets

The emerging market story is a puzzle with many pieces. From an overall philosophical standpoint, the demographic and economic shifts are obvious reasons to have a weighting to emerging markets. But the complexity comes into play with the question of how to invest. Investors can consider private equity, property and other direct investments as a […]

Amanda WhiteJune 28, 2013

Investor Profile

Diversification key for pioneer of fiduciary management

For someone whose ideas have revolutionised the Dutch pension industry and carried significant international clout, Anton van Nunen strikes a humble tone. Widely credited with pioneering fiduciary management from its infancy, Van Nunen confesses with a chuckle that it is “quite a surprise” that the concept has grown to win over a significant proportion of […]

Dan BillinghamMay 22, 2013