Returns surpass 7% rate assumption, but fall short of last year’s 12.95%.
Lotto revenue and income from unused state land could help shore up ailing public retirement system.
Investment returns decelerate in second half, rising only 2.5% since Jan. 1.
State pension outpaces benchmark over the past 10 years.
Goldman strategist notes rise of short-term rates and projects a 3.6% 10-year Treasury.
The deal is the second major construction project for the huge Canadian pension fund.
The joint venture will be able to buy the underlying land in 10 years.
Sovereign wealth fund aiming to hit 2-8% private equity target.
Fiduciaries may have overlooked a very simple and lucrative source of expected returns.
CalPERS, Washington State Investment Board invest the most funds to the space.
Retirement system joins Allianz and Kuwait Investment Authority as Hudson Yards investors.
Canadian Pension Board, Allianz Capital Among First to Invest in Indian Private Infrastructure Trust
Project will see toll road development across four Indian states.
State retirement system targeting Dallas for real estate portfolio investments.
Move is part of a $3 billion inflation hedge.
Pensions returned 0.37% during Q1, despite Canadian equities falling 3%.