New pan-European initiative launched to share information among institutional asset owners
A major new research initiative has been launched to provide a platform for European institutional asset owners to share intelligence and insights on asset allocation activity and expected future investment intentions.
Project Louvre will gather intelligence on the asset allocations of institutional investor members (including pension funds, insurers and sovereign wealth funds) of professional associations in 17 European countries.
The research programme will be chaired by Jean-François Boulier, President of AF2i, the French investment industry association representing over 80 institutional investors with more than EUR2.2 trillion of assets. AF2i has produced an annual survey on the asset allocation of its members since 2003.
European asset owner associations in multiple countries have already been invited to participate in the first research. This will provide member associations with access to combined insights covering allocations as at 2019 year-end – and providing a new breadth of insight into allocations as member associations enter the 2020s.
INSTICUBE, a leading independent data platform through which asset owners share intelligence on the value and service received from asset managers they employ, will coordinate the project.
The new initiative will see investment industry associations submit combined data on their members’ current and expected future asset allocation annually within a standardised format. INSTICUBE will collect and process the data from the 17 European associations, generating reports and analytics that will be made available to all participating industry associations and their underlying members.
As a result of this new initiative, institutional asset owners within major European markets will be able to access insights into the current and expected future asset allocation choices of similar investors in other countries, allowing them to benchmark their own investment activity.
Jean-François Boulier, President of AF2i and Chairman of the Project Louvre programme, says: “In an increasingly complex and challenging market environment, the ability for institutional asset owners to compare and benchmark themselves against their peers is hugely valuable. Working with leading investment associations across Europe, we believe the Project Louvre programme provides a unique platform for collaboration and intelligence sharing, ultimately benefitting asset owners and their underlying stakeholders.”
Tim Brown, Head of Key Relationships at INSTICUBE, adds: “By standardising and coordinating asset allocation information for the first time, institutional asset owners will be able to understand the investment choices being made by their peers in different countries, providing a basis for intelligent and more informed decision-making.”