Allocations

DPFP slashes its target allocation from 5% to zero, despite the asset class generating the highest returns over the past three years and since it was introduced into the fund.

Peter Costello said partnerships with local investors, but also greater transparency on the part of sovereign funds is the way forward.

Thanks to a weak Australian dollar and increased valuations, the fund’s infra allocation has increased to 8.5% of its overall portfolio.

Private credit is set to benefit from a shift away from public equities and into private markets and fixed income, according the investment manager’s latest survey.

The hunt for strategies pursuing more than 70% of investments in OECD countries comes less than a year after the Korean investor announced a $500m mandate.

Demand for infrastructure will continue to grow with allocations to the asset class expected to increase according to Foresight Group’s recent survey.

The South Korean public pension fund has increased its AUM exposure to the asset class from 5% to nearly 7% during 2018.

The world’s third-largest public pension is reorganising its six alternative investment management teams into three divisions, but compensation of internal staff will likely be unchanged.

The Monetary Authority of Singapore has identified the asset classes as key growth sectors.

The Employees Retirement System of Texas plans to nearly double the current size of its infrastructure portfolio in the upcoming fiscal year with a view to growing it to $2.62 billion by 2023. The pension fund – the infrastructure portfolio of which had a net asset value of $571.2 million as at 30 September, accounting […]