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Private markets raise the bar for insurers
As insurers’ strategies become more sophisticated, success will increasingly depend on scale, expertise and technology.
Thinking beyond retirement
TPT Retirement Solutions’ Georgie Edwards sets out why private markets can play an important role in DC pensions after retirement – but only if schemes can navigate an increasingly uncertain policy landscape.
Europe’s private equity edge grows
European private equity is proving more resilient than its US counterpart, but PitchBook’s latest research suggests fundraising remains highly selective and a broad-based recovery…
Catalysing Scotland’s investment future
Eddie McAvinchey, Scotland director at the National Wealth Fund, explains the role institutional investors can play in infrastructure and renewable energy and where he sees Scotland’s greatest investment opportunities.
Nest pushes venture into the DC mainstream
Nest’s new venture capital strategy is about more than a £200 million allocation. It reflects a broader shift in UK DC investing, as master trusts become increasingly willing to move further up the company lifecycle in search of long-term returns.
LPs become more selective as private markets mature
Institutional investors remain committed to private markets despite geopolitical uncertainty, but Coller Capital’s latest Barometer suggests attention is shifting from increasing allocations to selecting managers, managing liquidity and refining portfolio construction.
Why investors are embracing private credit secondaries
Private credit secondaries are growing rapidly, with the strategy’s appeal extending beyond discounts, offering investors greater portfolio visibility, faster deployment and reduced J-curve effects.
Capturing ABF’s complexity premium
Asset-backed finance continues to attract institutional investors seeking diversification and downside protection, but capturing the asset class’s premium requires specialist expertise, operational resources and extensive due diligence.
Issues
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Manager selection key to direct lending
As direct lending matures and defaults begin to rise, institutional investors are placing greater emphasis on underwriting discipline, workout capabilities and manager specialisation.
Private credit faces its first real test
Moody’s believes long-term growth remains intact as the asset class evolves into a broader financial ecosystem.
Revitalising private credit portfolios
As private credit markets expand, institutional investors are looking beyond traditional direct lending strategies and paying closer attention to portfolio construction, liquidity management and manager selection.
Three myths holding back local investment
LGPS funds and other asset allocators may not be fully engaging with place-based investment due to a series of misconceptions.
How long should private markets stay in DC portfolios?
As private markets become established within DC portfolios, the next challenge is to determine how long members should remain invested after they reach retirement.
Real assets move into DC growth portfolios
Infrastructure and real estate are increasingly being viewed as growth assets rather than portfolio diversifiers, with investors arguing they can play a much larger role in improving long-term retirement outcomes.
Most popular articles
Fidelity sets its strategy for the future
FutureWise’s James Monk talks to PMP about the value of taking a multi-GP approach to master trust construction and how performance fees can improve value
Catalysing Scotland’s investment future
Eddie McAvinchey, Scotland director at the National Wealth Fund, explains the role institutional investors can play in infrastructure and renewable energy and where he sees Scotland’s greatest investment opportunities.
TPT builds scale one block at a time
CEO and head of investment management tell PMP how the scheme consolidator uses its building block strategy to achieve economies of scale across multiple types of pension proposition
Nest pushes venture into the DC mainstream
Nest’s new venture capital strategy is about more than a £200 million allocation. It reflects a broader shift in UK DC investing, as master trusts become increasingly willing to move further up the company lifecycle in search of long-term returns.
UK productive finance presents untapped opportunities
The challenge is ensuring domestic DC pension capital participates in the growth of British businesses.
DC funds plot new course for private markets
Private markets have won a place in DC portfolios. Now schemes face the more difficult challenge of deploying capital at scale while balancing returns, fees, governance and growing political expectations.
How L&G’s annuity portfolio is evolving
Roman Hederer explains how the UK insurer is adapting its annuity strategy through private markets, productive finance and new sourcing partnerships.
The GP-led secondary market: Scaling with relationship capital
By Dennis Scharf, managing director, secondary investments, Hamilton Lane
Energy investors shift focus to demand-side assets
Infrastructure investors are increasingly targeting batteries, heat pumps and data centres as volatile power markets, electrification and rising digital demand reshape the infrastructure landscape.
Credit check
Institutional investors remain committed to private credit despite mounting scrutiny of the asset class, but are becoming more selective around underwriting standards and manager quality.
Insurers see value in private credit as risks come into focus
Private credit continues to offer attractive risk-adjusted returns, but manager selection and underwriting discipline will become increasingly important.
Continuous improvement
GP-led continuation vehicles are emerging as an increasingly mainstream solution for private equity firms seeking to hold prized assets for longer while returning capital to investors. But as volumes rise, so do questions around pricing, governance and alignment.
Mansion House moves into execution phase
Pensions UK says the focus must now shift from headline commitments to the practical mechanics of deploying long-term capital into UK venture, infrastructure and…