Asset Allocation

CalPERS Wins on Hard Assets

The giant fund took a beating on overseas equity however, and posted flat returns for the year.

Private Equity Fundraising Inches Up in 2012

Private equity fundraising is on the upswing, Preqin says, with buyout funds contributing the largest proportion of the aggregate capital raised throughout 2012 of any fund type.

Yale Style: More Exclusive Than Ever

The financial crisis left many endowment-style investors smarting—and reevaluating their model—according to two of State Street’s top researchers.