Asset Allocation

MassPRIM Adopts New Asset Allocation

The Bay State’s investment management board seeks to achieve a 7% annualized rate of return while accepting no greater than a 20% drawdown.  

BlackRock’s Fink Strikes Truce With Texas

After the Lone Star State blacklisted the asset manager over a fossil fuels issue, the firm’s ESG-minded CEO offers big bucks to improve the state's power grid.

Energy Transition and the Global South

The World Economic Forum seeks to accelerate clean energy investment and opportunities in emerging markets; sees need for up to $2.8 trillion by 2030s.

Japanese Pension Giant Rebounds in Fiscal Q3

The Government Pension Investment Fund’s investments returned 2.62% during the quarter that ended in December 2023, raising its asset value to more than $1.5 trillion.