Allocation Strategy

New Mexico’s Canavan on demographics-driven investing and his preference for smaller managers

The $87.4 billion pension plan instead intends to increase its core property allocation, particularly through separate accounts. 

Asset manager says global investors foresee stumbling blocks in economic recovery and are hedging their bets with alternative investments like property.

Outbound Chinese investment in private real estate might be gathering pace but it is not ready to relinquish the comforts of home.

Having built up a $10 billion property portfolio from investments in Europe and the US, Norway’s $860 billion sovereign wealth fund now has its sights on Asia.

While Asian investors are still putting money into Europe, they consider the US a better long-term play, delegates heard at the ULI Asia Pacific Summit.

The $25 billion pension system’s property initiatives for 2015 include creating a co-investment program and potentially investing in separate accounts and Latin America for the first time. 

Commitments from Asian institutions and high net-worth individuals into the European country have increased 916 percent since 2011.

UPS’ Spick on unfunded commitments and de-risking the portfolio

Now that it has hired three for its overseas property business, Seoul-based Koramco Fund hopes to grow its overseas assets to $1.2 billion over five years.