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Explainers

Coverage, charts, video and research on Explainers for universal owners.

Latest in Explainers
Pension Funds

Local Pensions Partnership (LPP), Explained

Local Pensions Partnership consolidates local authority pension assets into two regulated pools. We explain its structure, governance, and significance for institutional allocators managing UK municipal pension liabilities.

UAO Editorial · Jun 21, 2026
Institutional Investing

What Is a Sovereign Wealth Fund? Definition and How They Work

Sovereign wealth funds are government-owned investment entities that deploy public capital across global markets. We explain their structure, funding sources, and role in institutional asset allocation.

UAO Editorial · Jun 21, 2026
Sovereign Wealth Funds

New Zealand Superannuation Fund (NZ Super), Explained

The NZ Superannuation Fund prefunds New Zealand's aging population retirement costs through a diversified global investment portfolio. As of June 2024, it held NZD 71.4 billion in assets.

UAO Editorial · Jun 21, 2026
Sovereign Wealth Funds

Ireland Strategic Investment Fund (ISIF), Explained

ISIF manages €15 billion in strategic capital for Ireland's long-term economic benefit. Established in 2014 and operating independently, it functions as a hybrid between sovereign wealth management and development finance.

UAO Editorial · Jun 21, 2026
Pension Funds

BCI: British Columbia Investment Management, Explained

BCI is one of Canada's largest pension fund managers, overseeing assets for teachers, healthcare workers, and municipal employees. We explain its mandate, governance model, and investment approach.

UAO Editorial · Jun 21, 2026
Pension Funds

Ontario Teachers' Pension Plan (OTPP), Explained

Ontario Teachers' Pension Plan is Canada's largest educator pension fund with CAD 279.4 billion in net assets. We examine its governance, asset allocation, and influence on global institutional investing.

UAO Editorial · Jun 21, 2026
Pension Funds

Universities Superannuation Scheme (USS), Explained

The UK's largest private pension scheme — how USS swung from a £14bn deficit and years of strikes to a £10bn surplus, and what its hybrid design means for members.

UAO Editorial · Jun 21, 2026
Sovereign Wealth Funds

New Zealand Superannuation Fund, Explained

A small fund with an outsized reputation — how the NZ Super Fund pre-funds the state pension, and why it pioneered the reference portfolio model now copied worldwide.

UAO Editorial · Jun 21, 2026
Sovereign Wealth Funds

China Investment Corporation (CIC), Explained

China's $1.5 trillion sovereign wealth fund — how CIC is structured, where it invests, and why its US allocations have become a geopolitical question.

UAO Editorial · Jun 21, 2026
Pension Funds

AustralianSuper, Explained

Australia's largest superannuation fund — how AustralianSuper invests A$410bn for 3.6 million members, and why it is building offices in London, New York and Beijing.

UAO Editorial · Jun 21, 2026
The Daily Brief

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