The $2.6 trillion pension industry in China is expected to invest $114 billion offshore by 2015 but only 10 percent of that is predicted to go to real estate, according to research firm Z-Ben Advisors.
2 min read · 28 August 2013
Établissement Retraite Additionnelle de la Fonction Publique has charged the real estate business of French insurer AXA with building it a core property portfolio over 10 years that complies with its socially responsible guidelines.
2 min read · 28 August 2013
The government pension fund for public sector employees has appointed a senior manager from the AP3 Swedish buffer fund to expand its exposure to alternatives, particularly international property-related assets.
2 min read · 28 August 2013
The Swiss-based bank wants to diversify its capital sources to mitigate the ‘concentration risk’ of its current real estate investment management platform, stating it is too dependent on fresh capital in the US, Switzerland and Japan.
4 min read · 28 August 2013
Vikram Aggarwal has joined the £8.9 billion scheme as investment manager, alternatives, PERE has learned.
2 min read · 28 August 2013
Pensioenfonds Zorg en Welzijn, the giant Dutch pension with at least 88 private real estate fund commitments, has enjoyed a rise in fortunes as its property investments performed well in 2012.
1 min read · 27 August 2013
The $16bn pension system has hired Art Wang, the private equity chief from the New York State Common Retirement Fund, to oversee real estate, private equity and real assets.
1 min read · 27 August 2013
The real estate investment management arm of French insurer AXA has created a fund aimed at providing institutional investors with property-based, liability-matching investments with long and secure income streams.
2 min read · 27 August 2013
PensionDanmark, PKA and Sampension – three of Denmark’s largest pensions – have teamed up with real estate firm DEAS and developer MT Hojgaard to invest up to €670m in Danish PPPs.
2 min read · 15 January 2013
A survey from RBC Investor Services revealed that nearly half of small, mostly private Canadian pensions plan to add allocations to real estate, though they have concerns about costs and lack of expertise.
2 min read · 17 January 2013