Asset Allocation

CalPERS Sheds LaSalle of Industrial RE Portfolio

The country's biggest public pension fund has transferred most of its CalEast Global Logistics industrial real estate portfolio to private investment firm GI Partners from LaSalle Investment Management.

Study Suggests ESG Mutual Funds Outperform

Research by Trucost and RLP Capital shows that mutual funds incorporating environmental, social and governance (ESG) analysis outperformed traditional funds over one-and three-year periods.

Shareholder Group Says Pay Practices at Banks Fueled Risk-Taking

The Council of Institutional Investors, which represents about 130 pension funds, has shown that pay practices at major Wall Street banks likely helped drive excessive risk-taking by executives and contributed to financial collapse in 2008.

GSAM Survey Shows Commodities Appear Less Risky

More than half of respondents said they view investing in stocks, bonds, property, private equity and hedge funds as slightly or much riskier than before, with commodities being the slight exception.

Pensions Say Goodbye Equities, Hello Alts

An annual poll by Baring Asset Management has revealed that about 50% of UK pensions have recently altered the allocations of their funds in favor of alternatives to reduce volatility and achieve greater diversification.