Briefings, research, charts and analysis on the institutions, capital flows and systemic risks shaping long-horizon portfolios.
The youngest and most domestically focused of Abu Dhabi's three sovereign investors — how ADQ was built, what it owns, and how the 2026 LIMAD restructuring changes it.
The rules-based middle ground between passive indexing and active stock-picking, and why the world's largest allocators think in factors rather than asset classes.
How to read the single number that tells you whether a pension can pay what it owes — and why the same plan can show several funded ratios at once.
Why a single assumption — the discount rate — can swing a pension plan's reported liabilities by hundreds of billions, and how the post-2022 rate regime reshaped funded status.