Of the $179bn of assets managed last year by the world’s top 50 infrastructure funds, $109bn – or about 61% – correspond to mandates on behalf of pension funds, reports a survey by Towers Watson and the Financial Times. Macquarie manages the largest amount of pension assets of all alternative asset class managers, at $52bn.
2 min read · 24 January 2013
Law firm Kaye Scholer has hired Andrew Harris to lead the expansion of its London practice.
1 min read · 24 January 2013
The $132.2bn public pension is shifting its attention away from value-added and opportunistic strategies, and sets an overall benchmark for the asset class to meet: a minimum of 9.25% net of fees.
3 min read · 24 January 2013
LPs around the world, including CalSTRS, are eyeing greater core exposure, but how do they balance that against a need for higher returns? By Zoe Hughes
3 min read · 24 January 2013
The Singaporean sovereign wealth fund registered a portfolio value of S$186bn at 31 March 2010. Asia, and other growth markets including Latin America, remains its key investment focus for the next ten years.
3 min read · 24 January 2013
A debate in the House of Lords over the EU’s pending AIFM legislation yielded little progress, as key issues including third country rules and disclosure requirements have yet to be resolved.
3 min read · 24 January 2013
Susan Barlow has left the real estate investment arm of Deutsche Bank after two years. It follows news that Chuck Leitner was stepping down as global head to lead the non-profit Greenprint Foundation.
2 min read · 24 January 2013
Mark Bratt has joined the retail REIT as chief investment officer after seven years at Morgan Stanley Real Estate Investing and a short spell at Illinois-based JSQ Real Estate.
2 min read · 24 January 2013
An agreement on the adoption of the Alternative Investment Fund Managers directive has been postponed until September.
1 min read · 24 January 2013
A new survey by Russell Investments finds infrastructure investment allocations likely to increase from a 0.3 percent share of global institutional portfolios last year to 1.4 percent in 2012.
2 min read · 24 January 2013