All Infrastructure articles – Page 4
-
OpinionAre alternatives a good substitute to bonds for pension schemes?
Historically, government bonds have played a number of important roles in UK pension schemes’ allocations. They have provided liquidity, strong diversification benefits to equities, and offered good and reliable income.
-
NewsGreater Manchester Pension Fund awards £700m mandate
On the go: The £27.6bn Greater Manchester Pension Fund has appointed Schroders Capital to manage its diversified direct real estate portfolio, worth more than £700m.
-
NewsBorder to Coast to launch £1.3bn Listed Alternatives Fund
On the go: The Border to Coast Pensions Partnership, which handles the assets of 11 Local Government Pension Schemes worth a collective £55bn, has announced it is set to launch a £1.3bn Listed Alternatives Fund.
-
NewsBudget 2021: Sunak announces further changes to DC charge cap
Chancellor of the exchequer Rishi Sunak announced on Wednesday that the government will consult “within the next month” on further changes to the charge cap intended to encourage more investment in illiquid assets by defined contribution schemes. But experts have said this is “missing the point”.
-
NewsCushon launches new private markets investment strategy
On the go: Master trust Cushon has launched a new investment strategy that will see a 15 per cent allocation to private markets, in an attempt to “reduce investment risk”.
-
NewsTPR to demand more asset information from schemes in 2023
The Pensions Regulator has confirmed it will press on with reforming the asset class information it collects via the scheme return, in a consultation response published on Thursday.
-
NewsPodcast: Mandating net zero could ‘cut straight through’ fiduciary duties
Podcast: The government mandating default funds be aligned with ‘net zero’ would be a way around concerns about fiduciary responsibility, but there are questions about what this would mean in practice. Stuart O’Brien, partner at Sackers, and Gareth Stears, pensions technical consultant at Aries Insight, discuss environmental, social and governance issues, social housing, and the Pensions Regulator’s controversial criminal powers.
-
NewsPension funds poised to help social housing crisis
The pension fund industry could deploy its capital and expertise to revitalise everyday services such as social housing and infrastructure, after ambitious government plans to grow sectors have fallen short in recent years.
-
NewsLGPS funds and pools cement bet on alts in Q2
LGPS funds and pools cement bet on alts in Q2Data crunch: LGPS funds awarded 37 mandates to asset managers during the second quarter, a time when these schemes and local authority pools increased their allocations to alternative investmentsEnterkeywords.sh_embed {position: relative;height: auto;width:100%;z-index: 0;overflow: hidden;background-color: #222;color: white;font-family: 'Lato', 'Helvetica Neue', Helvetica, Arial, ...
-
NewsNest to invest 5% of assets in private equity
On the go: The government-backed master trust Nest plans to allocate 5 per cent of its total assets to private equity, which is estimated to be worth £1.5bn by the end of 2024.
-
NewsHaringey Council scheme commits to London Fund
On the go: The circa £1.6bn London Borough of Haringey Council Pension Fund has invested £45m in The London Fund, the property and infrastructure fund established by the London CIV and Local Pensions Partnership.
-
NewsPearl Group pension fund completes further buy-in
On the go: The £2.9bn Pearl Group Staff Pension Scheme, one of Phoenix Group’s main pension schemes, has completed a second £998m buy-in with the group’s life assurance company, Phoenix Life.
-
NewsTPR abandons plans to impose cap on illiquid assets
On the go: The Pensions Regulator has dropped controversial plans to limit the amount funds can put into illiquid assets after the government urged trustees to invest in more long-term assets such as infrastructure to support the UK recovery.
-
NewsGovt urges pension schemes to invest in the UK recovery
Boris Johnson and Rishi Sunak have urged UK pension schemes to invest more in long-term UK assets with the goal of fuelling the recovery of the post-pandemic economy.
-
NewsUSS invests in climate fund, Aegon’s ESG assets top £10bn
ESG Spotlight: A roundup of the latest news on environmental, social and governance initiatives, with the Universities Superannuation Scheme investing in a climate fund, Aegon strengthening its commitments to make default funds net-zero and banks calling for support of a new sustainable infrastructure label.
-
NewsTapping DC schemes for growth fund raises industry concern
Chancellor Rishi Sunak is reportedly hoping to draft defined contribution schemes into propping up the government’s proposed Long-Term Assets Fund, though experts have raised concerns about its practicality.
-
OpinionThe answer to climate change is more primary investment
What should the investment industry do if it is serious about addressing climate change?
-
PodcastsPodcast: Trustees should focus more on scheme admin in anti-scam fight
Podcast: The Pensions Ombudsman has declared schemes should have their transfer and due diligence procedures updated within a month of new anti-scams guidance. Compliance will require a huge amount of administrative time and resources, and trustees should give scheme administration more focus. LCP partner Francesca Bailey and Pensions Management Institute president Lesley Alexander talk scams, dashboards and corporate activity.
-
NewsLGPS pool plans to launch new ESG funds
On the go: London CIV, which oversees £23bn on behalf of 32 London Local Government Pension Schemes worth a collective £44bn, is planning to launch new environmental, social and governance-focused funds.
-
NewsFCA proposes new illiquid fund structure for DC schemes
On the go: The Financial Conduct Authority is proposing a new category of fund that will allow defined contribution schemes to invest in illiquid assets.