Long-Lagging Venture Capital Shows Signs of Possible Turnaround
U.S. venture fund returns remain negative, but valuations are up and two recent high-profile VC-supported IPOs did well, a PitchBook report finds.
Asset Allocation
What Do Allocators Like in Choosing Hedge Funds?
A thumbs-up for long-short and market neutral, and down for ESG and crypto, says Agecroft Partners.
Tech Stocks Fuel Chicago Police Pension’s 11.8% Return in 2023
Despite double-digit gains that raised the fund’s value to nearly $3 billion, the returns fell just short of the pension benchmark’s performance.
Ned Davis Snubs Cash Investing, Lauds Stocks and Gold
Research firm overweights equities and bullion, amid pending rate drop.
New York State Pension Commits $550M in February
More than $400 million of the investment was made within the pension fund’s real estate portfolio.
Oregon Enacts Thermal Coal Divestment Law
The COAL Act, signed this week by the governor, is expected to enact thermal coal divestments from the state’s pension fund.
Why Private Credit May Not Be as Good as It Looks
Factor in risk adjustments and fees, and this fast-growing asset class’s high returns get whittled down, an academic paper finds.
Japan’s GPIF Seeks to Boost Excess Returns by Resuming Foreign Stock Lending
After ending the practice in 2019, the pension giant is bringing it back with added countermeasures to avoid ‘empty voting.’
How to Invest in the Future of Artificial Intelligence
What’s next after chatbots? Practical, perhaps profitable, uses, such as in health care, power generation and manufacturing.
Are Esoteric Asset Classes the New Hedges?
Opportunities are expanding in niche asset classes, from whiskey to art to intellectual property.
Ontario Pension Launches Investment Venture With Arjun Infrastructure Partners
The University Pension Plan Ontario’s first investment under the partnership is an undisclosed stake in Great Britain’s largest rolling stock company.
Asset Management Firms Intend to Increase AI Budgets
Of technology decisionmakers surveyed by Rackspace Technology, 75% expect a bigger budget in the future, and 48% said artificial intelligence has substantially increased sales at their firm.
Total Portfolio Approach: A New Way to Construct Asset Allocations
CAIA and several asset owners are adopting a new model for choosing and managing assets.
NYC Pension Funds Seek Board Demographics From NextEra Energy, GameStop
Shareholder proposals filed by three funds contend that board diversity improves decisionmaking, transparency and accountability.
Truce Over: Texas School Fund to Ax $8.5B in BlackRock Investments
Despite seeming goodwill blooming with GOP officials in Texas, the asset management firm still draws ire due to ESG considerations.