Browsing Posts of Author
-
August, 2020
Real estate assets hit record high
Global real estate assets under management reached a record €3.2 trillion at the end of 2019, according to data from the Asian Association for Investors in Non-Listed Real Estate Vehicles (ANREV), European Association for Investors in Non-Listed Real Estate (INREV) and National Council of Real Estate Investment Fiduciaries (NCREIF), a 16% rise on the ...
Read More -
August, 2020
Link offloads Woodford healthcare assets
Link Fund Solutions has sold 19 of the stricken LF Equity Income Fund’s healthcare assets in return for up to £224 million, as it seeks to wind up the fund and return capital to investors. The deal to sell “a significant portion” of the former Woodford Equity Income Fund to Acacia Research Corporation comprises both listed and unlisted stocks ...
Read More -
August, 2020
Brunel hires Macquarie for mandate transition management
Brunel Pension Partnership, one of the eight investment pools for local authority pension schemes, has appointed Macquarie to provide transition management solutions for a series of upcoming mandates. Macquarie has developed a deep understanding of the pool’s unique requirements, designing innovative solutions to help their LGPS clients analyse, plan, ...
Read More -
August, 2020
LGPS Central issues multi-asset credit mandate
LGPS Central has launched a search for active, global, multi-asset credit debt managers to manage their £660 million Global Active Multi-Asset Credit Fund. The fund will target a net return of between 3-5% above its benchmark, the three-month sterling overnight index average rate. Investments will be predominantly in global fixed and floating rate ...
Read More -
August, 2020
Macquarie infra debt fund raises £2.7 billion
UK corporate pension schemes, local authority pension schemes and insurance companies have ploughed £2.7 billion into Macquarie Infrastructure Debt Investment Solutions (MIDIS), in the latest round of fundraising for its UK infrastructure debt strategy. MIDIS raised more than £220 million via its second UK-focused pooled fund targeting investments in ...
Read More -
August, 2020
London CIV launches real assets fund
The London Collective Investment Vehicle has launched a real assets fund aiming to deliver inflation-linked returns, with seed money from the boroughs of Redbridge and Bexley. The fund seeks to deliver stable income by primarily investing in real estate, including investment in long-lease and ground rents. It will also have the flexibility to invest ...
Read More -
August, 2020
LGPS cuts deficit
The Local Government Pension Scheme (LGPS) increased its funding level to 98% in 2019, up from 85% three years earlier. The LGPS deficit stood at just £6 billion last year, compared with £37 billion in 2016, after generating a net investment return of 6.6%. That was higher than the 4.4% return recorded a year earlier. During the year, there was an ...
Read More -
August, 2020
Lothian commits to responsible investment principles
Lothian Pension Fund has adopted a new statement of responsible investment principles, including targets to assess the carbon intensity of all assets by the end-2022 reporting cycle. The £8 billion local government pension scheme signed up to the six Principles for Responsible Investment (PRI), an organisation which supports and enables asset owners and ...
Read More -
August, 2020
Falling inflation could cost schemes £5 billion
A prospective fall in inflation below zero could place an additional £5 billion in funding pressure on schemes, according to analysis by consultancy LCP. The firm has modelled the likely level of inflation over the coming months based on three economic scenarios – whether the economy is “stuck in the doldrums”, “steady as she goes” or enjoying ...
Read More -
August, 2020
Natixis unveils ESG fund of funds
Natixis Investment Managers has launched a new range of ESG fund of funds. The Lux UCITS range consists of the Natixis ESG Conservative, Moderate and Dynamic funds, each offering diversified, multi-asset exposure to meet the varying risk requirements of investors. As each affiliate has its own independent investment process with a customised ESG ...
Read More
