TIAA-CREF

Les fonds de pension sont peut-être l’une des rares catégories d’accapareurs de terres auxquelles les gens peuvent couper l’herbe sous le pied, pour la bonne et simple raison que c’est de leur argent qu’il s’agit.

Los fondos de pensiones pueden ser uno de los pocos tipos de acaparadores de tierras que los trabajadores pueden desbaratar, por el sólo hecho que ellos son los dueños del dinero

Japanese translation of article of GRAIN, "Pension funds: key players in the global farmland grab"

Pension funds may be one of the few classes of land grabbers that people can pull the plug on, by sheer virtue of the fact that it is their money.

The Swedish National Pension Fund is teaming up with US institutional investor TIAA-CREF to buy farmland in Australia.

The Second Swedish National Pension Fund (AP2) will invest $250 million in a joint venture with a US pension fund and financial services provider to buy farmland in the United States, Brazil and Australia.

Swedish pension buffer fund AP2 and US pension fund manager TIAA-CREF have formed a joint venture to invest at least US$500 million in farmland in the US, Australia and Brazil.

Video of the Panel: Can Funds and Financial Institutions promote good land-based investment practice? Featuring represetatives of Rabobank, Emergent Asset Management, TIAA-CREF and Galtere Ltd).

The big asset manager is bullish on farmland, citing 10% returns.

TIAA is among the largest institutional investors in agriculture, with investments in more than 400 farms in North America, South America, Australia, and Eastern Europe as part of its General Account.

TIAA-CREF owns agricultural land in the US, Australia, Brazil and central and Eastern Europe, most of which is leased out.

Pension funds are deepening their commitment to farmland, upping investments by billions of dollars and moving to active strategies, as a hedge against potential inflation and to diversifty from riskier investments.