Georgetown Joins Stanford, Oxford in Coal Divestment
The ban only extends to the $1.5 billion endowment’s direct coal producer holdings, not to those of its managers.
Asset Allocation
Private Pensions Join Hedge Fund High Rollers
Public pensions still hold the most capital in hedge funds, but they are being chased down by their private peers.
Why UK Pensions Can’t Buy UK Infrastructure
Forward-thinking UK public funds want to invest in UK infrastructure, but claim the government is not yet on board.
Strategy Overhaul for UC Regents Fund
After a year in the role, CIO Jagdeep Bachher’s new approach is taking shape.
Gross Calls Bund Short ‘Well Timed, Not Well Executed’
His “short of a lifetime” pulled Janus' unconstrained fund from middling performance to the near bottom of its peer group.
Is Emerging Market Debt Still Worth the Risk?
Diversifying into emerging market debt may not be as straightforward as some would have you believe.
Is Infrastructure Becoming Efficient?
The hunt for yield is only getting harder.
Canadian Pensions Dominate US in Infrastructure
Canadian pension funds’ allocations have trumped US funds’ by almost six fold, according to Preqin.
The Great Equity Sell Off—And Buy Up
Defined benefit pensions are set to sell £23 billion of equities in the UK market, says UBS—and DC is ready to buy it up.
Macro Hedge Funds Stutter as Oil, Dollar Trends Shift
Managed futures and macro funds had a poor April, data shows, but the strong start to the year for hedge funds in general continued.
Sovereign Wealth Funds’ Real Estate Rush
There is a mismatch of current and target allocations for real estate that could lead to major inflows, according to Preqin.
Investor Appetite for Global Macro Heats Up
Nearly 40% of investors are actively seeking to add global macro components to their hedge fund portfolios, according to Preqin.
Church of England to Dump Thermal Coal, Oil Sand Investments
The faith-based group will divest its holdings and adopt a new climate change policy.
Pension Funds Should Invest More in Oil & Gas… Says American Petroleum Institute Study
US public pension plans’ oil and natural gas investments averaged cumulative returns of 130% from 2005 to 2013, according to researchers.
Bain Hires Massachusetts Ex-Governor for Social Impact Business
Deval Patrick will run the socially responsible investment division at the Boston-based private equity firm.