Malloy says state can’t afford annual payments into teachers’ retirement system.

Many corporate pensions limit their return-seeking assets to traditional equities. But what happens when the market environment is unfavorable for this asset class? We think plans need to examine this vulnerability and consider constructing return-seeking portfolios with three building blocks that may help pursue funded-ratio growth while mitigating funded-ratio drawdowns in more challenging environments.

Strong Q4 equity markets boost funded status ratios across the board.

Investors tend to focus on the factors they’re most familiar with when looking at markets. Analyzing items such as corporate earnings and economic indicators take center stage.

What are some of the key drivers in servicing institutional investor clients in transitioning their portfolios? Asset flows. Dispersion. Risk mitigation. Technological advances. Here are the trends that William Cobbett, Head of Transition Management Americas, is seeing from his capital markets desk at Citi in New York, and how they may factor into an asset owner’s choice of transition manager.

There is an arms race brewing among large buyout funds as private equity fundraising approached record levels in 2017. And Apollo Global Management accomplished a historic feat last year by raising the largest private equity fund ever over the summer.