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A service from MandateWire, part of the Financial Times, Asset Owner Exchange (AOX) helps asset owners understand how their peers are investing their assets. Combining MandateWire’s comprehensive database and commentary from our journalists, AOX equips readers with actionable, data-led insight and analysis to make more informed investment decisions and drive stronger long-term returns.
Nvidia, which makes the chips which power AI and which is at the forefront of the boom, has seen its share price go up 290 per cent over the past two years, leaving most market indices in the dust. So does that mean a bubble is forming?
Highlights
As the UK government pushes for pension scheme consolidation, dreaming of economies of scale and a dearth of domestic private investment, we look at the Netherlands and Australia for clues as to what that might look like
Outgoing New York City comptroller Brad Lander has told the city’s pension systems to fire BlackRock over its climate track record. This has not gone down well with the world’s largest asset manager
The growing need for green infrastructure in the UK and across Europe is driving large-scale investors like Norway’s Government Pension Fund Global and the Australian-owned IFM Investors into projects - with family offices also joining the party
All articles
As the UK government pushes for pension scheme consolidation, dreaming of economies of scale and a dearth of domestic private investment, we look at the Netherlands and Australia for clues as to what that might look like
Outgoing New York City comptroller Brad Lander has told the city’s pension systems to fire BlackRock over its climate track record. This has not gone down well with the world’s largest asset manager
The UK’s Financial Conduct Authority has published proposed rules on cryptoassets which it says are the most comprehensive regime globally
The growing need for green infrastructure in the UK and across Europe is driving large-scale investors like Norway’s Government Pension Fund Global and the Australian-owned IFM Investors into projects - with family offices also joining the party
Appetite for hedge funds has been strongest among European asset owners, so far in 2025, while those in other regions seem less keen
Brazil’s family offices are moving in the opposite direction of their North American peers. While US investors pile into private credit and AI-driven growth, Brazilian wealth managers are building buffers, expanding exposure to fixed income, tax-exempt bonds, and government bonds
Many US asset owners are crowding into sectors which have seen strong demand: medical offices, self-storage and care homes and are wary of traditional office space
Nvidia, which makes the chips which power AI and which is at the forefront of the boom, has seen its share price go up 290 per cent over the past two years, leaving most market indices in the dust. So does that mean a bubble is forming?
Steve Hodder, a partner at LCP, said the proportion of the gilt market owned by defined benefit schemes was “quite frightening” - particularly given the number of DB schemes closing and the large amount of buy-out activity
According to Antonina Scheer of the Transition Pathway Initiative, one of the big wins of the COP30 summit was the lack of backsliding on climate finance after the US pulled out of the Paris Agreement
Increasing running costs, turbulent global markets and declining voluntary incomes are putting charitable organisations under more financial pressure than ever, driving them to rethink the role of their investment portfolios
State Street has described the current environment as a “Goldilocks” scenario for emerging market debt with the US dollar in a slump and the Federal Reserve expected to cut rates
People’s Pension, which runs £38bn in assets, is aiming to align its investments with the Paris Agreement goal of keeping global warning below 1.5C but some US asset managers are pivoting away from ESG investments
Asset managers will need to demonstrate a commitment to good governance as defined contribution master trusts consolidate in time for 2030, according to Jonathan Lipkin, director for policy, strategy and innovation at the Investment Association.
The Northern Ireland Local Government Officers’ Superannuation Committee is weighing return potential against environmental concerns following its recent switch to an emerging market equity tracker fund.
Natural capital investments are finding favour among major asset owners, according to data from Gresham House and AOX’s own sister publication MandateWire. We hear from two asset owners on what’s driving their interest in the sector.
Many asset owners are casting their eyes over private credit, as they see a public market increasingly dominated by AI companies and nascent companies increasingly reluctant to float. But the very public collapse of First Brands also brought the opaque private credit market into the spotlight. Has this meant asset owners across the globe are becoming suspicious of the asset class?
The first chief executive of the Ontario Teachers’ Pension Plan told AOX forcing funds to invest in their domestic economy usually results in ‘suboptimal’ returns
With new regulation enabling multi-employer collective defined contribution pension schemes expected to be finalised this month, CDC is attracting growing interest from pension providers and employers
Donald Trump says the US has financed Europe for too long but with many portfolios skewed towards North Americam equities, the reverse might also be true. Can this continue?
The leader of Derbyshire County Council, which is now controlled by the right-wing populist Reform UK, tells AOX why they are shaking up how the pension scheme he now controls is invested
India’s National Stock Exchange has been boosted by several large IPOs such as Tata Capital and LG Electronics. This has boosted Indian equity markets and encouraged investors to consider increasing their exposure to the county
Dan Mikulskis, chief investment officer at The People’s Partnership - which provides one of the UK’s largest master trusts, has recently completed a transition of its asset ownership model which involved building a team of specialists
In the 1990s the UK pension funds and UK insurers accounted for just over half of all UK quoted shares but according to ONS data that has now dwindled to just 4.2 per cent. What happened?
Insurers are increasingly keen to invest in private markets, but the lack of opportunities which match their risk profile requirements means their options are limited
The UK defined benefit buyout boom could have plenty of time left to run, according to Standard Life’s Claire Altman
Spending on healthcare has been increasing around the world for some years - a trend Stonehage Fleming is hoping to capitalise on
The Topix index is up 19 per cent so far this year but the return of inflation means this may not continue
Family offices are using the blockchain to tokenise art works, meaning investors can now own small parts of a single piece of art