CIO Survey Shows Active Equity Gains Traction
According to the latest quarterly CIO study by KBW analysts, the outlook for active equity has modestly improved, while alternative strategies in particular seem poised to generate new flows.
Asset Allocation
After Scandal, Wesleyan's New CIO (a Swensen Protege) Boasts Above-Average Returns
Wesleyan University's Chief Investment Officer Anne Martin is implementing a new philosophy following the scandal of Thomas Kannam, the endowment's former CIO who left the school after being sued for spending most of his time on outside business ventures, despite having a contract that prohibited such behavior.
Timber Too Tame an Alternative for You? Try Dairy Farms.
With the New Zealand Superannuation fund’s purchase of farmland, expected to top US$380 million in value in the coming years, further proof is seen of a growing trend among institutional investors.
Are Canadian Endowments Besting American Ones? Maybe.
Are Canadian endowments outperforming their American counterparts? Possibly – but all is not what it seems at first glance with the National Association of College and University Business Officers (NACUBO) average.
Pension Orgs Aim to Set the Record Straight on Public Schemes
A group of 10 organizations representing state and local governments and public pension plans have released a fact sheet to get the facts out on public pension plans.
Sovereign Asset Managers Switch to Passive, Evolve Their Investment Strategies
According to research prepared by State Street Global Advisors (SSgA), the financial crisis has driven the world's leading sovereign wealth funds to reexamine their investment strategies and make a number of significant changes.
MassPRIM Board Aims to Slash $30 Million in Fees Via Direct HF Investing
The Massachusetts pension may soon directly invest in hedge funds instead of relying on a more costly funds-of-funds approach.
Pensions Seek to Reduce Equity and Bond Exposure, Favor Alts
According to two separate surveys of pensions, schemes both domestically and globally are intending to reduce their exposure to equities as well as fixed-income, planning greater allocations to alternatives.
Moody's Says Pension Holes May Hurt US State Ratings
Moody’s Investors Service has said in a report that pension obligations will continue to weigh on states’ credit ratings.
IMF Says Sovereign Wealth Funds Must Review Investment Objectives
A report issued by the International Monetary Fund (IMF) has argued that sovereign wealth funds should engage in regular macro-risk assessments, stressing the continued importance of these large pools of capital as stabilizers in international markets and major players in global regulatory reform.
Northern Trust Shows US Institutional Investors Enjoyed Strong Returns in 2010
For the second consecutive year, Northern Trust announced that US institutional investment plan sponsors had positive investment performance.
State Street Says Institutional Investor Confidence Is Waning
The money manager's index, which uses 100 as a neutral reading, has found that investor confidence dropped 3.3 points to 100.9 in January from 104.2 in December.
CalPERS Treads Cautiously Into RE, Seeking $2 Billion Allocation
The California public pension's Chief Investment Officer Joe Dear has continued faith in property, with a goal of achieving steady, modest gains.
Report Urges Slower, More Stable Approach to Pension Funding
The consultant firm noted that the regulatory focus on plugging scheme deficits quickly is actually a hindrance.
Germany Trumps UK as Top European Investment Location for Property
A survey by the European Association for Investors in Non-Listed Real Estate Vehicles (INREV) has shown a shift in approach by investors in terms of preferred location.