Asset Allocators' Landscape in 2024

From pension funds and insurers to family offices and PWMs

This selection of insights from global asset managers and institutions sheds light on the changing universe of institutional investors, such as pension funds, endowments, family offices, insurers, and private wealth managers.

PENSIONS

A Pension Comeback? Retirement in a Higher-For-Longer Regime (PGIM)

Will 65 still be the standard age of retirement in the coming years? Will Social Security even exist in the future? These are some of the key questions discussed in this podcast.

Dutch Pension Funds Set to Retire Long-Dated Hedges (ING)

For compliance reasons, this paper is only accessible in the UK & Europe

The next big Dutch pension reform is coming, with pension funds expected to transition from a DB scheme to a DC one in the coming years.

Reviewing Sustainability in Key Pension Systems (UN PRI)

Pension funds are long-term investors and their ability to generate long-term returns relies on the performance of the markets and economies in which they invest.

ENDOWMENTS

Unexceptional Endowment Performance (Richard M. Ennis)

Data examined here shows there is no sign of exceptionalism in the performance figures of endowments as a class or within the class.

The OCIO Mirage (Charles Skorina)

OCIO services are a compelling proposition for serious investors, whether they are institutions or families. But this is no free lunch.

Concentrated and Long-Term at Amherst College (Capital Allocators)

Letitia Johnson is the CIO of Amherst College, where she manages the school's $4 billion endowment. Johnson discusses her latest views on the markets and economies.

INSURERS

Insurance Marketplace Realities 2024: Spring Update (WTW)

This report shows that the insurance industry is well-positioned to bring some much-needed stability to the wider world.

Funded Reinsurance: Impact in the UK Bulk Annuity Market (Aon)

There are a number of factors that can make funded reinsurance attractive. Explore this report to find out what these are.

Insurance Insights: Capitalizing on Aligned Interests with Banks (Amundi)

For compliance reasons, this paper is NOT accessible in the United States

Insurers can leverage aligned interests with banks to unlock a premium by providing them stable financing. This report explains how this can be done.

FAMILY OFFICES & PWMs

World’s Wealthiest Cities Report 2024 (Henley & Partners)

Here is where the wealthiest cities are and how private wealth managers and family offices can capitalize on these opportunities.

Can ChatGPT Plan Your Retirement? Generative AI and Financial Advice (MIT)

The authors of this paper propose a framework and road map for solving certain challenges as part of a larger research agenda for improving generative AI when giving financial advice.

Wealth Management: Growing, Preserving & Protecting Wealth (Citi)

Serving clients globally requires a global presence and an understanding of the actual economic and cultural conditions through which the clients live.