Should asset owners worry about US debt-to-GPD forecasts?
The Congressional Budget Office expects the US debt to GDP to rise to 120 per cent by 2036 from its current 101 per cent. Some asset owners have voiced concern about the long-term reliability of the dollar
Investor conferences – do the big Taiwan insurers find private equity funds there?
While insurers in the country won’t confirm a correlation between attendance and subsequent commitments, the timing suggests that investor conferences play an important role in the fundraising ecosystem for private equity firms seeking Taiwanese institutional capital.
South African pension funds are finally increasing overseas exposure
The government increased the limit on offshore investment from 30 per cent to 45 per cent in 2022. But South African pension funds have failed to take advantage, until now
Is the deadline for reforming Italy’s pension funds unrealistic?
The deadline for implementing reforms to the Italian pension system has arrived but many of the affected funds have yet to apply the new rules
Investors urged not to retreat too far into cash amid market turbulence
While a liquidity crunch in private markets, coupled with an increasingly turbulent macroeconomic backdrop, has resulted in a number of large investors prioritising building portfolios’ liquidity, investment consultants have warned against pivoting too heavily into the space.
Middle East family offices look to OCIO model
Once reticent to externalise investment advisory, family offices in the Gulf Cooperation Council are now looking to outsource their core investment functions. Or so say the experts.
Why the number of family offices based in Hong Kong has gone up by 25% in two years
Over the past couple of years, Hong Kong has been extremely proactive at encouraging family offices to relocate to the territory and has set up a government-backed support team to enable this
Energy shocks spark asset owner interest in renewable energy
Stock market volatility caused by instability in the global energy supply after the closure of the Strait of Hormuz has led some asset owners to view renewable energy as a more stable asset less prone to geopolitical risk
What even is the UK’s National Wealth Fund?
The UK’s National Wealth Fund is trying to ‘crowd in’ investment into areas which the market might otherwise ignore. But why are no UK pensions taking it up on the offer? And what even is the fund?
Aon CIO: ‘No guarantee bigger pension funds perform better’
Aon’s defined contribution chief investment officer Jo Sharples tells AOX why government policy to encourgage larger pension funds may have negative side effects
How to diversify your portfolio as bonds fail investors
The correlation between stocks and bonds has been positive since 2022 after decades of being negative. How should asset owners react to the seeming break-down of the traditional portfolio?
How New Mexico doubled the size of its sovereign wealth fund in five years
The state has benefitted from oil and gas production but New Mexico's fund - which is now the second-largest in the US - has also pivoted to the sectors which it hopes will drive its economy once fossil fuels dry up, and its growth changing the way the fund is run.
Irish pension funds latch onto consolidation craze
The Irish pension system is entering a phase of consolidation, which is currently taking place organically. But experts predict this will not last long and the republic’s government will soon intervene to speed things up
As Islamic assets see continued growth, does that pose a concentration problem?
The Islamic finance market has grown by nearly 200 per cent in recent years, with growth in bond-like instruments now making it possible for pensions to provide more diversified options. But does that pose a concentration conundrum?
Is the growth of evergreen funds among asset owners genuine innovation or marketing hype?
As demand for private assets has gone up, the number of evergreen funds available has increased by 200 per cent over the past decade. Are these vehicles a genuine innovation, or is it all just marketing?
How Colombia’s pension system is integrating crypto
Colombia’s pension funds are making crypto increasingly available to investors in a bid to widen the array of options available to them, making it one of the earliest adopters in Latin America of this asset class
Tension at the heart of UK government pension reforms
The British government’s local government pension scheme reforms have been largely carried out with the intention of creating bigger pools of capital to grow the UK economy. But there is a tension at the heart of these plans: while the government wants to replicate Canada’s Maple 8, which operate like private equity houses to invest globally, it is also instructing the LGPS to invest locally.
“Private credit markets are not optional, they are necessary”: The stakeholders holding firm on private credit despite bubble fears
The Bank of England’s governor Andrew Bailey is among the policy makers to express bubble fears within the private credit sector, but many asset owners still see the asset class as a necessary component of their investment portfolio.
Bitcoin as a Public Investment: The Texas Treasury’s Watershed Bitcoin Commitment
Texas has established a new Strategic Bitcoin Reserve, administered through the Texas Treasury Safekeeping Trust Company, making it the first US state to invest in bitcoin. We at AOX take a look at what the allocation actually looks like.