Large Endowments Hold Steady With Private Market Allocations
Despite emerging headwinds for higher-education institutions, these long-term investors are staying true to what they know.
Asset Allocation
Need for Tax Optimization, Liquidity Could Change ‘Endowment Model’
Higher tax bills may change the risk/return profile for a variety of asset classes that have long been favored by endowments and foundations.
La Caisse Continues to Boost Renewable Investments, Doubles Stake in Boralex
The Canadian pension giant now owns 30% of the renewable energy firm, with Brookfield acquiring the remaining 70%.
Shifting World Order Forces Re-Evaluation of Portfolio Construction
Investors are adapting to repeated geopolitical disruption, even as economists caution against overreacting to short-term changes.
Journal of Investment Management Recognizes 2025’s Best Papers
Among other awards, the Harry M. Markowitz Award was presented to Thomas M. Idzorek, Paul Kaplan and Roger Ibbotson for their paper on the popularity asset pricing model.
US ETF AUM Continued Rise in February
According to the London Stock Exchange Group, assets in exchange-traded funds rose to their all-time high of $14.31 trillion.
Institutional Investors Shift US Equities, Dollar Positions to Global Markets, per Report
Bracing for a turbulent 2026, allocators are seeking investments in emerging markets and the euro, according to the International Forum of Sovereign Wealth Funds.
Amidst Geopolitical Uncertainty, Institutional Investors Rein In Return Expectations
Nearly half of surveyed investors said they expect lower returns from companies in the S&P 500 Index in 2026, according to research from asset manager Commonfund.
Norges Bank Takes Major Palantir Position Amid Suspension of Council on Ethics
Palantir Technologies has been accused of contributing to human rights violations by providing U.S. Immigration and Customs Enforcement with software used to track targets for mass deportation.
Paltry PE Returns Weigh Down La Caisse as 9.3% 2025 Return Misses Benchmark
The meager 2.3% return from the Quebec pension fund’s private equity portfolio fell well short of the benchmark’s 12.6%.
Harvard Adjusts Tech Portfolio, Loses 35% in 2 Months on Ethereum ETF Bet
The $57 billion endowment slashed its holdings in Amazon, Microsoft, Bitcoin and Nvidia, while raising its stakes in Alphabet and Taiwan Semiconductor.
What the Push for Alts in Retail Channels Means for Institutional Investors
Limited partners have questions about their managers’ quest for new sources of capital.
Why ETFs Are Reshaping Investment Management
Some see exchange-traded funds’ steady growth as indicating sound structure may be more important than artificial intelligence innovations.
The Big Shift
How consolidation and other forces changing the asset management industry are affecting different categories of institutional asset allocators.
Ongoing Tariff Uncertainty Tests Investor Discipline
Market swings have been all too common since last year, leading investors to warn against complacency.