Professional Pensions www.professionalpensions.com FTSE 100 pension scheme surpluses remain strong <img alt="FTSE 100 pension scheme surpluses remain strong" src="https://www.professionalpensions.com/api/v1/wps/6cb7557/b202c1f4-b2e8-449f-9bf6-3beb574713da/4/funds-185x114.jpg" /> <p><!--summary start--> Analysis of FTSE 100 pension positions by Lane Clark and Peacock (LCP) has revealed the combined IAS19 surplus currently stands at £130bn. <!--summary end--></p> https://www.professionalpensions.com/api/v1/wps/6cb7557/b202c1f4-b2e8-449f-9bf6-3beb574713da/4/funds-185x114.jpg https://www.professionalpensions.com/news/4062179/ftse-100-pension-scheme-surpluses-remain-strong https://www.professionalpensions.com/news/4062179/ftse-100-pension-scheme-surpluses-remain-strong https://www.professionalpensions.com/news/4062179/ftse-100-pension-scheme-surpluses-remain-strong Wed, 4 Jan 2023 10:15:48 +0000 Industry Voice: SI dilemmas — is 'E' or 'S' more important? <img alt="Industry Voice: SI dilemmas — is &#39;E&#39; or &#39;S&#39; more important?" src="https://www.professionalpensions.com/api/v1/wps/f2b0d85/c87dcc0c-28e7-4054-9c07-a1e918db3369/5/1343835070-1400-780px-185x114.jpg" /> <p><!--summary start--> Sustainable investing has become mainstream, but it’s not a perfect science, with many challenges that practitioners must face. <!--summary end--></p> https://www.professionalpensions.com/api/v1/wps/f2b0d85/c87dcc0c-28e7-4054-9c07-a1e918db3369/5/1343835070-1400-780px-185x114.jpg https://www.professionalpensions.com/sponsored/4049496/robeco-esg-si-dilemmas https://www.professionalpensions.com/sponsored/4049496/robeco-esg-si-dilemmas https://www.professionalpensions.com/sponsored/4049496/robeco-esg-si-dilemmas Tue, 17 May 2022 08:00:10 +0000 New research highlights consolidation could address key end game challenges for smaller DB schemes <img alt="New research highlights consolidation could address key end game challenges for smaller DB schemes " src="https://www.professionalpensions.com/api/v1/wps/c215930/e8ebd54c-1099-4a05-b284-cffcf4fd1abc/3/spencer-everett-wrrfbbd260m-unsplash-185x114.jpg" /> <p><!--summary start--> <!--summary end--></p> https://www.professionalpensions.com/api/v1/wps/c215930/e8ebd54c-1099-4a05-b284-cffcf4fd1abc/3/spencer-everett-wrrfbbd260m-unsplash-185x114.jpg https://www.professionalpensions.com/sponsored/4044939/research-highlights-consolidation-address-key-end-game-challenges-db-schemes https://www.professionalpensions.com/sponsored/4044939/research-highlights-consolidation-address-key-end-game-challenges-db-schemes https://www.professionalpensions.com/sponsored/4044939/research-highlights-consolidation-address-key-end-game-challenges-db-schemes Mon, 21 Feb 2022 07:00:35 +0000 Industry Voice Video: Using nature to offset emissions <p><!--summary start--> <!--summary end--></p> https://www.professionalpensions.com/sponsored/4040533/sustainable-hub-video-nature-offset-emissions https://www.professionalpensions.com/sponsored/4040533/sustainable-hub-video-nature-offset-emissions Wed, 17 Nov 2021 14:21:39 +0000 Industry Voice Video: Toughening up on carbon disclosure <p><!--summary start--> <!--summary end--></p> https://www.professionalpensions.com/sponsored/4040537/sustainable-hub-industry-voice-video-toughening-carbon-disclosure https://www.professionalpensions.com/sponsored/4040537/sustainable-hub-industry-voice-video-toughening-carbon-disclosure Wed, 17 Nov 2021 14:11:20 +0000 The hedge fund edge: Picking winning managers <p><!--summary start--> James Balcombe looks at how pension funds can find the best hedge fund managers in the market <!--summary end--></p> https://www.professionalpensions.com/feature/1023506/-hedge-fund-edge-picking-winning-managers https://www.professionalpensions.com/feature/1023506/-hedge-fund-edge-picking-winning-managers Thu, 25 May 2017 12:45:00 +0000 Interest rate hedging activity swells by 13% in Q4 <p><!--summary start--> Interest rate and inflation hedging levels rose during the last quarter of 2015 according to BMO Global Asset Management's Liability Driven Investment (LDI) survey. <!--summary end--></p> https://www.professionalpensions.com/news/1019781/-rate-hedging-activity-swells-q4 https://www.professionalpensions.com/news/1019781/-rate-hedging-activity-swells-q4 Tue, 1 Mar 2016 12:43:00 +0000 Is £1trn of unhedged interest rate exposure in DB really a problem? <p><!--summary start--> As research reveals that private sector DB schemes have more than £1trn of unhedged interest rate exposure, Kristian Brunt-Seymour asks if it is a big problem and how it can be addressed. <!--summary end--></p> https://www.professionalpensions.com/feature/1015389/-gbp1trn-unhedged-rate-exposure-db https://www.professionalpensions.com/feature/1015389/-gbp1trn-unhedged-rate-exposure-db Tue, 19 Jan 2016 08:00:00 +0000 Clwyd LGPS overhauls hedge fund portfolio after 'disappointing' returns <p><!--summary start--> Clwyd Pension Fund has undergone a restructure of its hedge fund strategy which will generate cost efficiencies and protect against volatility, following a major investment review. <!--summary end--></p> https://www.professionalpensions.com/news/2433505/clwyd-lgps-overhauls-hedge-fund-portfolio-disappointing-returns https://www.professionalpensions.com/news/2433505/clwyd-lgps-overhauls-hedge-fund-portfolio-disappointing-returns Thu, 5 Nov 2015 10:55:46 +0000 Why pension funds are looking again at hedge funds <p><!--summary start--> After a terrible year for hedge funds amid pension fund exits and disappointing returns, Stephanie Baxter looks at whether volatile market conditions mean now is the time to get back in. <!--summary end--></p> https://www.professionalpensions.com/analysis/1008693/-pension-funds-looking-hedge-funds https://www.professionalpensions.com/analysis/1008693/-pension-funds-looking-hedge-funds Thu, 4 Jun 2015 12:59:00 +0000 Hedge funds: Are schemes heading for the entrance? <p><!--summary start--> Aurum's Kevin Gundle explains why pensions are still committed to hedge funds. <!--summary end--></p> https://www.professionalpensions.com/feature/2377839/hedge-funds-schemes-heading-entrance https://www.professionalpensions.com/feature/2377839/hedge-funds-schemes-heading-entrance Wed, 29 Oct 2014 13:12:09 +0000 Why pension schemes are moving out of hedge funds <p><!--summary start--> Stephanie Baxter considers whether Calpers' shock hedge fund exit will resonate across UK pension schemes <!--summary end--></p> https://www.professionalpensions.com/analysis/1054074/-pension-schemes-moving-hedge-funds https://www.professionalpensions.com/analysis/1054074/-pension-schemes-moving-hedge-funds Thu, 25 Sep 2014 12:33:24 +0000 Cern pension chief urges others to 'think like global macro hedge funds' <p><!--summary start--> Pension funds should use the techniques of the best global macro hedge fund managers to control risk and volatility while producing absolute returns, the Cern Pension Fund chief executive says. <!--summary end--></p> https://www.professionalpensions.com/news/2271492/cern-pension-chief-urges-global-macro-hedge-funds https://www.professionalpensions.com/news/2271492/cern-pension-chief-urges-global-macro-hedge-funds Thu, 30 May 2013 11:00:00 +0000 The new hedge fund world <p><!--summary start--> Andrew Malek looks at how hedge fund structures have ‘dramatically changed' since the credit crisis. <!--summary end--></p> https://www.professionalpensions.com/news/2200153/-hedge-fund-world https://www.professionalpensions.com/news/2200153/-hedge-fund-world Thu, 23 Aug 2012 08:00:00 +0000 Camden seeks additional advice to navigate tough investment environment <p><!--summary start--> Camden Borough Council is hunting for an additional independent advisory firm to help its £900m pension scheme cope with the ever more challenging investment environment. <!--summary end--></p> https://www.professionalpensions.com/news/2129624/camden-seeks-additional-advice-navigate-tough-investment-environment https://www.professionalpensions.com/news/2129624/camden-seeks-additional-advice-navigate-tough-investment-environment Fri, 2 Dec 2011 11:05:00 +0000 Hermes BPK launches equity hedging strategy <p><!--summary start--> Hermes BPK has launched a global equity hedging product in a bid to help schemes de-risk long only equity allocations. <!--summary end--></p> https://www.professionalpensions.com/news/2123868/hermes-bpk-launches-equity-hedging-strategy https://www.professionalpensions.com/news/2123868/hermes-bpk-launches-equity-hedging-strategy Wed, 9 Nov 2011 13:36:42 +0000 Paulson warns of 'worst case' asset redemptions <p><!--summary start--> US - Paulson & Co, the giant US hedge fund, has warned in a "worst case" scenario it could suffer redemptions equivalent to between a fifth and a quarter of its assets by the end of the year. <!--summary end--></p> https://www.professionalpensions.com/news/1004298/paulson-warns-worst-asset-redemptions https://www.professionalpensions.com/news/1004298/paulson-warns-worst-asset-redemptions Wed, 12 Oct 2011 13:01:00 +0000 Investors demand greater liquidity from hedge funds <p><!--summary start--> Three quarters of institutional investors are looking for greater liquidity in their hedge fund investments following the financial crisis, research by Preqin shows. <!--summary end--></p> https://www.professionalpensions.com/news/2108788/investors-demand-liquidity-hedge-funds https://www.professionalpensions.com/news/2108788/investors-demand-liquidity-hedge-funds Tue, 13 Sep 2011 12:52:04 +0000 Investors demand greater liquidity from hedge funds <p><!--summary start--> GLOBAL - Three quarters of institutional investors are looking for greater liquidity in their hedge fund investments following the financial crisis, research by Preqin shows. <!--summary end--></p> https://www.professionalpensions.com/news/2108717/investors-demand-liquidity-hedge-funds https://www.professionalpensions.com/news/2108717/investors-demand-liquidity-hedge-funds Tue, 13 Sep 2011 10:28:42 +0000 Uncovered: the hedge fund that made 78% in August <p><!--summary start--> Hedge funds overall lost 2.3% in August - a poor month by their own standards - but this average figure for the $2trn industry masks eye-watering numbers some individual managers are now posting to data providers. <!--summary end--></p> https://www.professionalpensions.com/news/2108555/uncovered-hedge-fund-august https://www.professionalpensions.com/news/2108555/uncovered-hedge-fund-august Tue, 13 Sep 2011 08:00:00 +0000 Uncovered: the hedge fund that made 78% in August <p><!--summary start--> GLOBAL - Hedge funds overall lost 2.3% in August - a poor month by their own standards - but this average figure for the $2trn industry masks eye-watering numbers some individual managers are now posting to data providers. <!--summary end--></p> https://www.professionalpensions.com/news/2108561/uncovered-hedge-fund-august https://www.professionalpensions.com/news/2108561/uncovered-hedge-fund-august Mon, 12 Sep 2011 14:58:00 +0000 Hedgies lose 2.3% in August, but macro and short-biased funds rise <p><!--summary start--> GLOBAL - Hedge funds are now down a modest 1.2% for this year after a 2.3% loss in last month's turbulent markets, concentrated among equities and event-driven strategies, eliminated hard-won gains up to July. <!--summary end--></p> https://www.professionalpensions.com/news/1021000/hedgies-lose-23-august-macro-short-biased-funds-rise https://www.professionalpensions.com/news/1021000/hedgies-lose-23-august-macro-short-biased-funds-rise Fri, 9 Sep 2011 11:03:54 +0000 Hermes BPK starts seeding platform for hedge funds <p><!--summary start--> EUROPE/US - Hermes BPK Partners, the hedge fund investment arm of institutional manager Hermes, is to support and seed hedge fund businesses as the climate for start-ups in the $2trn industry re-emerges. <!--summary end--></p> https://www.professionalpensions.com/news/1010533/hermes-bpk-partners-starts-seeding-platform-hedge-funds https://www.professionalpensions.com/news/1010533/hermes-bpk-partners-starts-seeding-platform-hedge-funds Mon, 5 Sep 2011 15:27:00 +0000 Eight in 10 absolute return funds lost money in August, says Fitch <p><!--summary start--> EUROPE - Scepticism some European allocators feel about the ability of ‘absolute return' funds to achieve their aims has been vindicated so far this month as almost eight in every 10 European funds in the sector lost money in the volatile first three weeks. <!--summary end--></p> https://www.professionalpensions.com/news/2104866/absolute-return-funds-lost-money-august-fitch https://www.professionalpensions.com/news/2104866/absolute-return-funds-lost-money-august-fitch Fri, 26 Aug 2011 14:12:00 +0000 One-third of Nordic investors to increase hedge fund exposures <p><!--summary start--> NORDICS - Nordic investors are continuing to show optimism in hedge funds with nearly a third planning to increase their exposure this year to strategies like global macro, event driven and long/short funds, a new report shows. <!--summary end--></p> https://www.professionalpensions.com/news/1008256/-nordic-investors-increase-hedge-fund-exposures https://www.professionalpensions.com/news/1008256/-nordic-investors-increase-hedge-fund-exposures Mon, 15 Aug 2011 15:09:00 +0000 Hedge funds erase 2011's gains in just 24 hours <p><!--summary start--> Hedge funds had much of their gains this year wiped out last week as half the alternative strategies reporting daily data to Hedge Fund Research's investable indices lost over 1% of their value in just 24 hours. <!--summary end--></p> https://www.professionalpensions.com/news/2100379/hedge-funds-erase-2011s-gains-hours https://www.professionalpensions.com/news/2100379/hedge-funds-erase-2011s-gains-hours Tue, 9 Aug 2011 12:18:26 +0000 Hedge funds erase 2011's gains in just 24 hours <p><!--summary start--> EUROPE - Hedge funds had much of their gains this year wiped out on Friday as half the alternative strategies reporting daily data to Hedge Fund Research's investable indices lost over 1% of their value in just 24 hours. <!--summary end--></p> https://www.professionalpensions.com/news/2100088/hedge-funds-erase-2011s-gains-hours https://www.professionalpensions.com/news/2100088/hedge-funds-erase-2011s-gains-hours Mon, 8 Aug 2011 12:14:56 +0000 Hedge funds not systemically risky, but City regulator issues caveats <p><!--summary start--> The low footprint that hedge funds have in most capital markets means overall they pose a low systemic risk, the Financial Services Authority says. <!--summary end--></p> https://www.professionalpensions.com/news/2099048/hedge-funds-systemically-risky-city-regulator-issues-caveats https://www.professionalpensions.com/news/2099048/hedge-funds-systemically-risky-city-regulator-issues-caveats Thu, 4 Aug 2011 08:00:00 +0000 NT completes Omnium acquisition <p><!--summary start--> US - Northern Trust has completed its acquisition of hedge fund administrator Omnium from Chicago-based Citadel. <!--summary end--></p> https://www.professionalpensions.com/news/2098271/nt-completes-omnium-acquisition https://www.professionalpensions.com/news/2098271/nt-completes-omnium-acquisition Mon, 1 Aug 2011 11:10:00 +0000 Hedge funds not systemically risky, but UK regulator issues caveats <p><!--summary start--> UK - Britain's financial regulator says the low footprint hedge funds have in most capital markets means overall they pose a low systemic risk, but it has warned of a greater influence by the industry in areas such as convertible bonds and commodity and rates derivatives. <!--summary end--></p> https://www.professionalpensions.com/news/1008701/hedge-funds-systemically-risky-uk-regulator-issues-caveats https://www.professionalpensions.com/news/1008701/hedge-funds-systemically-risky-uk-regulator-issues-caveats Thu, 28 Jul 2011 11:35:14 +0000 Hedge veteran Soros to give up running external cash <p><!--summary start--> US - George Soros is set to retire from managing money for outside investors after more than 40 years running hedge funds, citing Washington's increased oversight of the once unregulated industry as a primary reason behind his returning external money to investors this year. <!--summary end--></p> https://www.professionalpensions.com/news/2096887/hedge-veteran-soros-running-external-cash https://www.professionalpensions.com/news/2096887/hedge-veteran-soros-running-external-cash Tue, 26 Jul 2011 14:42:00 +0000 Week on the web <p><!--summary start--> GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days. <!--summary end--></p> https://www.professionalpensions.com/news/1017653/web https://www.professionalpensions.com/news/1017653/web Fri, 22 Jul 2011 11:37:00 +0000 Man Group to transfer $355m Lehman exposure from GLG <p><!--summary start--> GLOBAL - Man Group is to acquire the remaining exposure to the estates of bankrupt US investment giant Lehman Brothers from funds managed by its institutional asset management subsidiary, GLG Partners, for $355m in cash. <!--summary end--></p> https://www.professionalpensions.com/news/1003103/transfer-gbp220m-lehman-exposure-glg https://www.professionalpensions.com/news/1003103/transfer-gbp220m-lehman-exposure-glg Mon, 18 Jul 2011 12:00:00 +0000 Hedge fund investors go direct <p><!--summary start--> GLOBAL - Almost a third of institutional investors plan to increase their allocation to hedge funds over the next 12 months, with more than half of them doing so directly, research by Preqin reveals. <!--summary end--></p> https://www.professionalpensions.com/news/2093208/hedge-fund-investors-increasingly-direct-survey https://www.professionalpensions.com/news/2093208/hedge-fund-investors-increasingly-direct-survey Tue, 12 Jul 2011 14:15:00 +0000 Germany warms to hedge funds <p><!--summary start--> GERMANY - Germany, once widely regarded as the European nation most inimical to hedge funds, is now warming to the sector with allocators across the spectrum considering or actually making investments. <!--summary end--></p> https://www.professionalpensions.com/news/2084078/germany-warms-hedge-funds https://www.professionalpensions.com/news/2084078/germany-warms-hedge-funds Tue, 5 Jul 2011 11:55:00 +0000 QCM targets Asia Pacific with new Japan office <p><!--summary start--> JAPAN - UK hedge fund manager Quality Capital Management (QCM) has opened an office in Tokyo as part of plans to grow its Asia Pacific business. <!--summary end--></p> https://www.professionalpensions.com/news/2084067/qcm-targets-asia-pacific-japan-office https://www.professionalpensions.com/news/2084067/qcm-targets-asia-pacific-japan-office Tue, 5 Jul 2011 11:36:29 +0000 Pension fund lobbying sparks hedge fund hiring spree <p><!--summary start--> EUROPE - Lobbying by pension funds for independent valuation of hedge funds has fuelled a hiring spree for back office staff, research suggests. <!--summary end--></p> https://www.professionalpensions.com/news/2080385/pension-fund-lobbying-sparks-hedge-fund-hiring-spree https://www.professionalpensions.com/news/2080385/pension-fund-lobbying-sparks-hedge-fund-hiring-spree Tue, 21 Jun 2011 10:36:10 +0000 Hedge funds launch at fastest rate since 2007 <p><!--summary start--> GLOBAL - More new hedge funds launched in the first quarter of 2011 than any time since 2007, fuelled by a tailwind of industry assets breaching $2trn for the first time, research shows. <!--summary end--></p> https://www.professionalpensions.com/news/2079803/hedge-funds-launch-fastest-rate-2007 https://www.professionalpensions.com/news/2079803/hedge-funds-launch-fastest-rate-2007 Fri, 17 Jun 2011 12:04:42 +0000 Hedge fund delays closure for pension investors <p><!--summary start--> London hedge fund CQS is delaying planned soft closure for its flagship ABS portfolio to allow prospective pension scheme investors already conducting due diligence on the fund to complete their analysis. <!--summary end--></p> https://www.professionalpensions.com/news/2079574/hedge-fund-delays-closure-pension-investors https://www.professionalpensions.com/news/2079574/hedge-fund-delays-closure-pension-investors Thu, 16 Jun 2011 14:16:40 +0000