Allocations

CIO Robert 'Vince' Smith talks about infra's strong performance and why he wants more of it to help round out the $21.5bn endowment's real return portfolio.

Multi-strategy managers are vying for SMA money, with KKR reportedly in line to land a $3bn whopper.

With assets in the trillions, a healthy penchant for private equity and autonomy over their investment strategy, family offices have a lot to offer fund managers.

The Chinese life insurer remains cautious about overseas investments, but could invest up to 15 percent of its $333bn assets in overseas markets.

Albourne America replaced Aon Hewitt to oversee the $29.7bn retirement system’s investments in real estate, private equity, credit and real assets.

The insurer is set to join Allianz and Prudential’s Asian asset management unit, paving the way for the emerging markets-focused initiative to start investing, says head of infra Bernard Sheahan.

Atlanta-based research firm eVestment reports an 85% increase in real asset allocations over the past year.

Some LPs are concerned about managers traditionally active in the PPP/PFI space branching out into other areas of core infrastructure and renewables.

The current investment environment is considerably uncertain and valuations in many markets are high, meaning returns may be inadequate for the risks being taken, the Singaporean sovereign wealth fund said.

South Korea’s sovereign wealth fund is reportedly attempting to nearly double its assets under management by 2020, its chief executive officer said at its anniversary ceremony this week.