Plus, Dai-ichi Life/M&G tie-up, dollar/Treasury yield correlation, and Daniel Katz at Sotheby’s
Union Investment sold out of US oil major and smaller peer EOG Resources after review
Leading industry figures say some act more like passive funds that track benchmark indices
Opportunity for expansion comes as big investors reassess allocations to US and the buyout sector
Chancellor hopes plan to establish ‘megafunds’, circumscribed by binding allocation targets, will drive returns for savers
Shareholders say EV maker is in ‘crisis’ and call for succession planning
Norway’s giant oil fund thinks climate threats to valuations have been underestimated
Well, kinda, maybe, maybe not
Some worry that PE funds could become a dumping ground
Bridging the language gap could attract more US investors
A federal antitrust case illustrates the political onslaught against financial sector climate action — and how limited that action always was
Three large pension plans lagged their benchmarks over the past year
Plus, Canada’s pension investments, record fund sales, and Giacometti at the Barbican
Government plans for infrastructure are ‘huge opportunity’, says CDPQ chief
The dumbest PE performance metric still bamboozles some investors
Move comes amid FTSE 100 company’s wider restructuring in push to acquire more private assets
Lawsuit by Texas and other states accuses BlackRock and others of conspiring to slash coal production
Rebrand of UK pensions provider would bring historic name back to London Stock Exchange
Banks caught between sustainable investing backlash and EU clean energy push
More investors will own private assets in one form or another in the next few years — but not all strategies are created equal
Increase in Canada Pension Plan Investment Board’s exposure comes despite geopolitical tensions
Managing partner of Thoma Bravo says wealthy individuals may be less sophisticated
It’s not just a lifer issue
Move would pave the way for savers to access funds focused on corporate buyouts and other high-octane deals
World ex-US funds have long been out of favour but have attracted $2.1bn in assets over past three months