Holland’s PFZW scheme has made an astonishing recovery from the financial crisis, but it still faces an uphill struggle as it moves towards offering indexation.

The UK’s Pension Protection Fund is the firewall against other schemes going bust. Chief investment officer Ian McKinlay discusses its further move into alternative assets.

Oxford University Endowment Management’s Sandra Robertson explains how adjusting the successful strategies of other college schemes has helped its funds expand.

Scotland’s Strathclyde Pension Fund has rebounded from its repositioning and is angling for higher returns with an increase in risk bias – but its hefty weighting to passive investments such as index funds seems a defensive step back.

Denmark’s PFA knows first hand what it’s like to be on the brink of abject failure. But unlike many others, it managed to turn its fortunes around with a restructure of its risk management and investment framework.

The Universities Superannuation Scheme explains why it is warming to hedge funds, but leaving funds-of-funds out in the cold.

2008 was not the best year for Ireland’s National Pensions Reserve Fund, but its investment directors are keen to learn from the crisis to protect the fund from future volatility.

A scandalous resignation and a huge drop in value left the New York State CRF with no choice but to to dust itself off and start again. New CIO Raudine Etienne explains how her team is moving the fund forward.

Diversity has been the key to AP3’s success. After struggling through 2008, this year has brought in solid returns for the scheme, thanks partly to its confidence in forestry investments. Spencer Anderson investigates.

Denmark’s public sector engineers’ fund, DIP Pensions, is not resting on its laurels, and its confident CIO predicts that further diversification throughout 2009 will lead to more positive returns for its many members. By Spencer Anderson.

The Northern Ireland Local Government Officers’ Superannuation Committee has had as turbulent a two years as many other similar schemes. Its CEO Deane Morrice outlines its strategy and objectives. By Nat Mankelow.

The Alaska Permanent Fund Corporation has no plans to make major changes to asset allocation and CEO Mike Burns intends to resist moves to make the fund invest in a more socially and environmentally responsible manner. By Spencer Anderson.

Anne Richards discusses the motives behind Aberdeen Asset Management’s purchase of parts of Credit Suisse’s global investors business, and how she believes that there is value to be found in Asian markets. By Spencer Anderson.

Timo Löyttyniemi, who manages Finland’s civil service pension fund, portrays it as a pension fund locally and an SWF internationally, but would like more freedom to diversify. By Nat Mankelow.

You would think being a sovereign wealth fund (SWF) on the outside and a pension fund on the inside would present identity issues for the €13bn ($20.2, £10.5bn) Valtion Eläkerahasto (VER). But Timo Löyttyniemi, managing director of Finland’s pension fund for civil servants, reckons which hat he wears depends on who he’s talking to.

The Pension Protection Fund supports UK retirees whose final-salary pension schemes have collapsed under their sponsors. But it also insures 7800 schemes with investment risk exposures that are completely out of its control. Martin Steward reports.

Railpen, the UK railways pension scheme encompasses nine member schemes and five smaller funds, with £19bn in assets. Nat Mankelow talks to chief executive Chris Hitchen about a new decision making structure and plans to extend the alternatives allocation.