All Equities articles – Page 16
-
Opinion
How can schemes judge DGF performance?
Kevin Frisby from LCP, JLT Investment Consulting's Allan Lindsay, Axa IM's Yoram Lustig, HR Trustees' Giles Payne, Aon Hewitt's Ryan Taylor and Bruce White of LGIM discuss how schemes can measure the performance of diversified growth funds, in the first of a four-part panel discussion.
-
Opinion
Schemes make record gilts investment, and three other key ONS charts
Schemes invested heavily in fixed income assets – including government, corporate and overseas bonds – last quarter. Anticipated rate rises, schemes derisking out of equities and even switching from synthetic to real gilt holdings have all been investment drivers.
-
News
Kent banks £150m to take equity gains, predicting volatility
Kent Pension Fund has moved £150m of its equity holdings into cash and increased its allocation to property, as it seeks to capture gains ahead of anticipated volatility.
-
News
USS weighs in on active v passive debate
The Universities Superannuation Scheme has extolled the virtues of internal active equity management but criticised external managers for not consistently adding value.
-
News
Stock market growth leaves schemes running high equity risk
The equity market boom has left corporate pension schemes running an increasingly high amount of stock market risk, at a time when many are looking to derisk strategically.
-
Features
Westminster moves towards global equities to free up managers
The City of Westminster Superannuation Fund has decreased its UK equity holdings in favour of global stocks to give managers greater flexibility and boost performance.
-
OpinionEditorial: Such great heights
The S&P 500 crossed that elusive 2,000 level last week, but as the Financial Times reported, it was accompanied by little fanfare. And as if to confirm the hesitation, it has just hovered around the level since.
-
News
Saul: convertibles could spread as schemes look to reduce volatility
Saul's outgoing chief executive has predicted that its use of convertible bonds to dampen pension fund volatility could catch on at other schemes, but some advisers remain sceptical of the benefits offered.
-
Opinion
Why mechanical derisking is leading to poor-value asset switches
Pension fund derisking has typically manifested itself in the gradual replacement of equities with fixed income investments.
-
Opinion
Last DB schemes standing: A snapshot of FTSE 100 benefits
Consultancy LCP yesterday released its Accounting for Pensions 2014 report giving an insight into the pension arrangements of some of the country's biggest companies. The report at times paints a bleak picture for defined benefit schemes.
-
Opinion
Gardner: How to win by not losing
Many pension funds have seen their assets perform well over the past three years, benefiting from rising values across financial markets in almost all asset classes.
-
News
BBC plan sees slight deficit improvement as contributions bed in
The BBC has seen a small improvement in its accounting pension deficit as it embarks upon a 12-year plan of additional contributions to boost its scheme funding.
-
News
PPF adds hybrid allocation, trims traditional assets
The Pension Protection Fund has revised its statement of investment principles, trimming its allocation to cash, bonds and equities as it seeks to capitalise on the illiquidity premia of so-called ‘hybrid’ assets.
-
OpinionFive takeaways from this year's Pensions Fund Indicators report
Editor's blog: Here are five data lessons for institutional investors from UBS Global Asset Management's Pension Fund Indicators 2014 – from the slowdown in the rush out of equities, to steady growth in fixed income.
-
Opinion
LPFA: Illiquids, fees and scale in our investment approach
As submissions were being finalised to the government’s consultation on “opportunities for collaboration, cost savings and efficiencies” in the Local Government Pension Scheme, another equally important consultation on LGPS governance was launched last month.
-
FeaturesCaterpillar trims active equities to fill LDI buffer fund
Caterpillar Pension Plan has cut its active equity exposure and plans to sell out of property as part of a trigger-based derisking strategy to boost its liability-driven investment portfolio.
-
Opinion
How to set up your scheme's derisking strategy
Even the most long-sighted trustee board will periodically carry out a strategic review to set an investment strategy compatible with funding policy.
-
Features
How JPMorgan and RBS give DC members retirement flexibility
JPMorgan and Royal Bank of Scotland are working to offer members of their defined contribution schemes flexibility in how they access their retirement savings, in light of the Budget reforms.
-
Features
Islington to build on residential property bet in alts push
Islington Council's pension fund plans to reduce its allocation to equities and diversify further into alternatives, in a stated desire to gain greater and more stable returns.
-
OpinionEditorial: Derisked out of pocket
The trend away from equities is inevitable for many schemes, making it a matter of when, not if, they increase their bond holdings to reduce risk and cover a maturing membership.