Private Debt

Pensions

Investment management costs soar as UK pension funds opt for higher allocations to private markets

Investment management costs soar as UK pension funds opt for higher allocations to private markets

Local government pension schemes are increasingly choosing more expensive alternative investments, including private equity and infrastructure, which is raising the overall fees they pay to asset managers as pension funds seek out higher returns, diversification benefits, and lower investment risk.

Story

Covid-19 and threat of climate change drives increase in LGIM’s company engagements

Covid-19 and threat of climate change drives increase in LGIM’s company engagements

Legal & General Investment Management (LGIM), one of the world’s largest asset managers, has released its tenth annual ‘Active Ownership’ report, which reveals that over the course of 2020, it increased company engagements by 21 per cent and continued to vote globally, opposing the election of more than 4,700 company directors, as it sought to effect positive change at companies in which it invests.

Private markets

Institutional allocations to private markets to rise again in 2021, finds Commonfund investor survey

Institutional allocations to private markets to rise again in 2021, finds Commonfund investor survey

Institutional investors are planning to increase allocations towards private markets in 2021, with a particular focus on small and medium-sized US private equity funds as well as venture capital, secondary and co-investment funds, according to Commonfund Capital’s fourth annual private markets investor sentiment survey.