equity

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

Featured Story

Fixed income and active equity pay off at Brazil’s FUNCEF

Switching out of equities into fixed income last year has helped swell returns at Brazil’s Fundação dos Economiários Federais, FUNCEF. Other return-boosting strategies included active equity investment.

Sarah RundellMay 18, 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

Featured Story

Sweden’s AP Funds emphasise the long-term as returns take a hit

This time last year, Sweden’s four buffer funds reported the best returns in their history. Fast forward 12 months, and the four funds have posted losses thanks to allocations to equities and fixed income dragging their portfolios down.

Sarah RundellMarch 7, 2023

Investor Profile

Switzerland’s Publica hit by equity, fixed income correlation

Hit by last year's unusual correlation between equities and bonds, and in a bid to avoid higher long-term inflation, Switzerland's €45.6 billion Publica kick-starts a new strategic asset allocation that will reduce the bond allocation and result in a search for new managers.

Sarah RundellJanuary 24, 2023

Investor Profile

AP7 prepares to re-tender and add mandates

Sweden's AP7 fund, which invests primarily in equities, is retendering mandates in its large ACWI exposure and hunting for new managers in its alpha allocation.

Sarah RundellFebruary 3, 2022

Investor Profile

Switzerland’s rail fund SBB takes on more risk

Featured Story

Fixed income and active equity pay off at Brazil’s FUNCEF

Risk

Turmoil at Alecta as CEO fired and equity revamp promised

Featured Story

Sweden’s AP Funds emphasise the long-term as returns take a hit

Investor Profile

Switzerland’s Publica hit by equity, fixed income correlation

Investor Profile

AP7 prepares to re-tender and add mandates

Local Pensions Partnership

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