The $10 billion fund is the latest allocator to invest in this alt, to make up 5% of its portfolio.

U.S. public pension managers are confident their plans are well-hedged against inflation, as they plan to increase allocations to commodities and boost infrastructure investing.

Asset allocators and investment managers consider myriad factors – including ESG and cybersecurity – as they approach the sources and mitigators of risk in their portfolios.

One in three shareholders, including pension funds like CalPERS, opposed the online retail giant at its annual meeting on such issues as executive pay.

It was a tough year, but margins didn’t suffer that much, ISS Market Intelligence says.