Thomas Duffell
Guidance announced this week on how subscription lines should be used by fund managers comes at a time when the industry is getting to grips with best practice on this now controversial issue.
The world’s third-largest pension fund’s rate of return for FY2016 was 5.74% for domestic alternatives and 12.34% for global alternatives.
Alternatives growth spiked as traditional equity and fixed income AUM among the largest 500 asset managers declined 7% during 2015, according to fresh research.
The New York-based alternatives investment firm has hired former Willis Towers Watson executive, Damien Loveday, as managing director.
The Melbourne-based pension giant currently employs two investment professionals in London with expertise in real estate and infrastructure.
Paris-based private equity group Ardian has named Allianz’s former chief executive as senior advisor and chairman of its real estate division's investment committee.
The Dutch investment manager will increase investments in third-party funds and listed property companies to boost the €2.7 billion global portfolio it manages on behalf of the Dutch Construction Workers Pension Fund.
The European lobby group said the potential application of Solvency II–style requirements to IORPs are ‘inappropriate and disproportionate’
The outcome of the UK’s general election and the work of the newly appointed European Commissioners will create the biggest risks for fund managers, say market sources
Draft legislation designed to stop investment fund managers from disguising guaranteed fee income as capital gains has created uncertainty for GPs