What can Australia and the Netherlands teach us about pension consolidation?
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
New York City’s tussle with BlackRock over ESG turns ugly
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
UK regulator publishes proposals to regulate crypto
The UK’s Financial Conduct Authority has published proposed rules on cryptoassets which it says are the most comprehensive regime globally
Infrastructure proves attractive for European investors as inflows hit $8.8bn in Q3
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
Who, if anyone, is still buying hedge funds?
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 wealth managers turn defensive as family offices abroad double down on risk
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
Are private Reits 'hotel California' for US asset owners?
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
Do asset owners think we are in an AI bubble?
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?
What happens as DB pensions unwind the ‘frightening’ amount of gilts they own?
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
Did COP30 move the dial for climate finance investment by asset owners?
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
Charities feeling financial squeeze demand more proactive asset management
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
Will more asset owners consider emerging market debt?
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
Large UK pension pulls more money from State Street over ESG
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
Investment managers with good governance procedures and focus on value will thrive in new DC landscape
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.
Active to passive manager switch creates emissions concerns
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.
All the cool kids are investing in… natural capital?
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.
Recent defaults heighten suspicion around private credit
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?
Charities team up to run ESG ‘Olympics’
The Friends Provident Foundation is partnering with five other charities to encourage investment managers to compete over a $66mn portoflio which prioritises social and environmental impact
How to make pensions Canadian
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
Multi-employer whole-of-life CDC predicted to lead next phase of UK pension innovation
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