Coverage, charts, video and research on Asset Owners for universal owners.
A clear explainer of the difference between asset owners and asset managers: who owns the capital and sets the mandate versus who is hired to invest it for a fee, and why this distinction explains the whole investment industry.
Strategic asset allocation sets fixed asset-class targets; the total portfolio approach runs the fund as one risk budget where every idea competes. Here is how they differ, the governance trade-off, and which suits which fund.
Public pension funds hold and invest capital against the retirement promises of public-sector and national schemes. Here is how defined-benefit and defined-contribution plans work, how they invest, and who the largest are.
Private markets, private equity, private credit, infrastructure and real estate, now anchor many institutional portfolios. Here is the case (illiquidity premium, diversification, access) and the cautions (denominator effect, fees, valuation and liquidity).
Infrastructure is the asset class of long-lived physical assets, transport, utilities, energy, digital, that produce stable, often inflation-linked cash flows. Here is why it suits pensions and sovereign funds, the risk spectrum, and how owners access it.
A growing answer hub with clear, sourced answers to common questions about sovereign wealth funds, pension funds, family offices, endowments, asset owners, and the themes that shape long-term capital.
The total portfolio approach is a way of running a fund as one portfolio competing for risk, rather than as fixed asset-class buckets. Here is how it works, how it differs from strategic asset allocation, and what it demands of governance.
Global asset owners are the institutions that hold the world's long-term capital and bear its ultimate investment risk: pension funds, sovereign wealth funds, endowments, foundations and insurers. Here is what unites them and how they differ from asset managers.
Our research hub on global asset owners: who holds the world's long-term capital, the allocation frameworks they use such as the total portfolio approach, and how they invest across private markets, infrastructure and real assets.
Research, charts, video and podcast analysis for the institutions investing at the scale of the world.
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