The private equity industry must change the way it operates if it is to attract pension fund assets, the UK’s Minister for Pensions Torsten Bell has said.
M&G Investments today announces it has received regulatory approval for a Long-Term Asset Fund (LTAF), making a flagship diversified private credit strategy available to UK Defined Contribution (DC) pension schemes for the first time.
Morningstar has published its European Asset Manager Pulse, writing that it highlights the seismic shifts reshaping the asset management landscape.
Accelex and FactSet have published a new research report that reveals how the rapid growth of private markets is intensifying data challenges for fund administrators.
Almost three-quarters (73 per cent) of global institutional investors expect Private Markets investments to outperform Public Markets over the next five years, according to the seventh Private Markets Study published by Aviva Investors.
As asset managers look to capitalise on the private markets revolution, the development of new funds in core private asset classes is among their highest strategic priorities for revenue growth over the next two years. However, it is also proving one of the most operationally challenging strategies to implement, according to new research from Carne Group.
Allianz X today announced a joint venture with AlTi Global, Inc, enabling it to form a strategic partnership with Allianz Global Investors to create a private markets offering for the UHNW wealth segment.
Phoenix Group, the UK’s largest long-term savings and retirement business with 12 million customers, and Schroders, the global investment manager with a GBP74 billion private market capability, have announced their agreement to form a new strategic partnership, Future Growth Capital.
MSCI has announced the launch of MSCI Private Capital Indexes, writing that with growing investor interest in private markets, high quality data and consistent performance measurement of private capital funds and portfolios are crucial to providing clarity for investment decisions.
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be worth billions of pounds in the coming years.
