Aegon has received regulatory clearance for two long-term asset funds (LTAFs) as it continues to add private markets exposures to its defined contribution master trust.
Local Pensions Partnership Investments hired Helena Threlfall last year to run the new strategy, which will invest across private equity, infrastructure, venture capital and natural capital.
A lack of usable benchmarks is proving to be a barrier to pension schemes aiming to introduce private markets assets into their strategic asset allocation, according to research by Bfinance.
European and US mandates have been awarded to Arcmont Asset Management and Golub Capital, respectively.
Torsten Bell used his opening address to the Pensions and Lifetime Savings Association’s Investment Conference to reinforce the government’s drive to scale up pension funds.
The ACCESS LGPS pool has appointed Adams Street and HarbourVest to run a private equity mandate that could reach between £8bn and £12bn in size over the next few years.
A review of asset management practices has found conflicts of interest and other issues around how managers value private market assets.
In this roundtable discussion in association with Schroders Capital, senior figures from across the Local Government Pension Scheme (LGPS) explored local investment themes with residential housing and venture capital investment specialists.
Master trust providers plan to back the government’s push for greater investment in productive finance with “outsized” domestic allocations, according to research.
As it prepares to deploy capital into unlisted asset classes, The People’s Pension has published a report on how to do this in a cost-effective way.
A study by Aviva Investors reports that more than half of institutions surveyed expected to increase their allocation to private markets over the next two years.
Aviva Investors has launched a long-term asset fund (LTAF) with a seed investment from the Aviva defined contribution (DC) master trust.
The People’s Pension plans to invest up to £4bn in private markets by 2030, including a “substantial” UK allocation – but this is reliant on sufficient assets becoming available.
Anticipated cuts to interest rates could further improve the outlook for investors to realise gains from private equity, according to research.
The Cushon Master Trust and Aegon are working with the British Business Bank with a view to investing in the new British Growth Partnership.
Fulcrum Asset Management is to launch a new long-term asset fund (LTAF) aimed at defined contribution (DC) schemes and other institutional investors, offering a diversified portfolio of private market assets.