Public pensions are at the heart of global changes relating to sustainability, geopolitics and international finance. The Covid-19 pandemic and uncertain economic outlook have further complicated these unfolding challenges. OMFIF’s Global Public Pensions 2021 report seeks to examine the public pensions sector through these lenses, identify the key drivers of uncertainty and address the obstacles.
At the end of 2020, public pension funds held over $18tn in assets. As demographics evolve and the prospect of severe ecological damage increases, pension plans must mobilise their influence and financial firepower to participate in the ‘green transition’. The rise in political extremism and geopolitical uncertainty has also required pension funds to rethink assumptions about their investment strategies, while the lower-for-longer environment continues to put pressure on traditional asset allocation.
This launch meeting, featuring contributions from senior figures from international public pension funds, highlights and discusses the key findings covered in OMFIF’s second GPP report.
David Ross, Managing Director, Capital Markets, OPTrust
Robert Crossley, Head of Business Advisory (APAC & EMEA), Citi
Mirko Cardinale, Head of Investment Strategy, USS Investment Management Ltd
Marsha Vande Berg, former CEO, Pacific Pension & Investment Institute; Corporate director and Advisor; Vice Chair, OMFIF Advisory Council
Christian Kopf, Managing Director, CIO Fixed Income and FX, Union Investment
Moderated by Ellie Groves, Managing Director, Economic and Monetary Policy Institute, OMFIF