With good results in hand, he is shifting the allocation of his California transit agency pension fund and health care trust, aiming for still better performance.
The Canadian pension plan aims for a ‘$10 billion-plus’ infrastructure portfolio.
Law, opposed by governor, is allowed to stand, requiring teachers to contribute more and work longer before earning benefits.
Some 86% now invest in alternatives, says Nuveen survey.
In a bizarre and unprecedented year, these leading allocators took advantage of opportunities during market volatility and achieved stellar gains.