UK pension pool launches multi-asset credit search
Border to Coast, a £46 billion ($56.8 billion) partnership between 12 UK pension plans, is seeking for a core multi asset credit manager, for its recently opened multi asset credit fund  

Italian pension fund looks to build its exposure to bonds
Mediafond has launched a request for proposals in which it seeks out a manager to oversee a bond portfolio

Calpers misses returns target despite fixed income outperformance
California Public Employees' Retirement System (Calpers) has missed its annual investment target despite strong performance from its fixed income portfolio, which was its top performer  

EIB and Amundi form green partnership for high yield, private debt and securitisations
Amundi and the European Investment Bank (EIB) have teamed-up to launch Green Credit Continuum (Greco) programme with the aim of raising €1 billion over the next three years for green credit initiatives

Ontario pension selects new president and CEO

Ontario Teachers’ Pension Plan has appointed Jo Taylor as its new president and chief executive officer, effective 1 January  

UK pension scheme quits tobacco
Nest is set to go tobacco free across all its investments, with the largest UK pension master trust expecting that the process will take up to two years.  

US pension replaces Cliffwater with Meketa
Connecticut Retirement Plans and Trust Funds has selected Meketa as a consultant to oversee its opportunistic investments, which consists of direct lending and opportunistic credit investments, along with investments in hedge funds and real assets.  

HSBC pension chief joins London CIV in top role
London Collective Investment Vehicle (London CIV) has appointed Mark Thompson to serve as chief investment officer (CIO), effective from September.  

Japanese pension fund turns its attention to credit funds
Japan's Government Pension Investment Fund (GPIF) has launched a request for information (RFI) on private debt with the institution looking into new assets classes in a bid to generate higher returns  

London pension fund appoints interim CIO
London Collective Investment Vehicle, the fund manager for the pooled investments of 32 London Local Authority Pension Funds, has appointed Michael Pratten as interim chief investment officer  

Border to Coast pension seeks exposure to UK investment grade credit
Border to Coast Pensions Partnership is set to begin a manager selection process, seeking UK investment grade credit and global multi-asset credit funds  

New investments drive Canada Pension Plan’s credit returns to 8.7%
Canada Pension Plan Investment Board (CPPIB)’s credit portfolio has delivered good returns during the 2019 fiscal year, despite the market volatility, according to the institution’s annual financial report  

Connecticut pension eyes investment in Clearlake fund
The State of Connecticut Retirement Plans and Trust Fund is considering a $75 million commitment to Clearlake Opportunities Partners II  

Louisiana pension allocates $150 million to US credit funds
The Teachers' Retirement System of Louisiana has committed to Torchlight Debt Opportunity Fund VI and Summit Partners Credit III, a spokesperson for the pension fund has confirmed  

US pension fund to commit $1.1 billion in private credit by 2020
Investment consultant NEPC has recommended that Arizona Public Safety Personnel Retirement System (PSPRS) commit $550 million in private credit in both 2019 and 2020, according to a private credit review  

Chicago pension fund seeks fixed income managers
Policemen's Annuity and Benefit Fund of Chicago (PABF) has launched two requests for proposals (RFPs) searching managers for its core fixed income and core fixed income portfolios.  

Massachusetts pension seeks multi-sector bond managers
Massachusetts Water Resource Authority Employees’ Retirement System has launched a request for proposals in which it opens the search for multi-sector and specialty lending bond managers  

Swedish pension AMF replaces head of asset management
AMF has appointed a new head of asset management, effective from April  

Illiquid credit boost returns for PensionDanmark
PensionDanmark has generated 5.8% returns from its illiquid credit portfolio for the year 2018, according to its latest annual report published today. But its liquid credit portfolio took a 3.4% hit

Los Angeles pension seeks high yield managers
Los Angeles City Employees’ Retirement System has launched a request for proposals, searching for firms to manage up to $216 million each in a mix of high yield strategies, through separately managed accounts  

AP4 keeps eye on direct unlisted investments, amid 2018 losses
AP4, the SEK 349.3 billion ($37.3 billion) pension fund, has lost 0.2% after costs from its entire portfolio for the year 2018  

UK pension looks to take investment grade strategy global
UK pension fund National Employment Savings Trust (Nest) has issued a search for a global investment grade corporate bond manager

Robeco looks to align macro fixed income with credit as it makes senior hire
Robeco has hired Jamie Stuttard as co-head of the global fixed income macro team and fixed income strategist  

Global Atlantic hires deputy CIO
Global Atlantic Financial Group has appointed Anup Agarwal as Deputy Chief Investment Officer.  

Majority of investors seek to increase private credit allocations, BlackRock survey reveals
Over half of investors plan to increase their allocation to private credit in 2019, according to an institutional client rebalancing report published by BlackRock