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31 May 2012
Frankfurt am Main, Germany
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- Property Debt Breakfast
20 June 2012
London
Pension, sovereign wealth funds shift to universal investment - McKinsey
Global pension funds and sovereign wealth funds are changing investment approach to a universal, global view, moving away from investing mainly in domestic markets and looking at all asset classes in all regions, says Philipp Koch from McKinsey & Company. One of the biggest examples is the CalPERS decision to shift $44bn, or 18% of assets, to international alternative strategies. "This is its most significant policy shift over the past 10 years," Koch said.