With around 15% of the portfolio in ‘liquid alternatives’ such as hedge funds and a full 45% in ‘alternative investments,’ the £14 billion (US$17 billion) TfL Pension Fund has made diversification a key priority.
Read more: Investor Spotlight: TfL Pension Reaps Rewards from Liquid Alternatives
Italy's ecosystem of banking-originated Foundations is unique in the financial world. Created as part of a major banking system reform in 1990, these entities—which became the shareholders of savings banks—have an explicit objective to generate positive impact in the local community.
Read more: Investor Spotlight: Social Impact in Focus for Italian Bank Foundations
Transaction cost analysis (TCA) awareness is on the rise, with equity and bond investors increasingly recognising trading as a key area of leakage.
Read more: Transaction Cost Analysis: Has Transparency Really Improved?
When selecting and monitoring external investment managers, it is increasingly important to develop a clear understanding of their credibility in ESG, sustainable and impact investment matters. The subject is a challenging one, with asset managers’ practices (and appearances) evolving rapidly.
Read more: ESG Assessment Challenges in Investment Manager Due Diligence
Many investors and asset managers are now focused on achieving low carbon intensity.
Read more: Feeling the Heat? Taking the Temperature of Equity Portfolios
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