Florida State Board of Administration Reducing Allocation to Stocks
The state’s allocation to alternatives will increase in the newly adopted investment plan.
Asset Allocation
Princeton Endowment Declines 1.7% in Fiscal 2023
Ivy League endowments trended weaker in the year that ended June 30, but Princeton is the first institution to report a result in the red.
Norway’s Sovereign Wealth Fund Drops $44.7B in Market Value in Q3
The $1.3 trillion Government Pension Fund Global’s investment portfolio lost 2.1%—$33.6 billion—during the quarter.
Why Private Equity Is Still Dogging It
A host of macro problems leave PE fund investors with just small gains.
Harvard Endowment Returns 2.9%, Outperforming Many Peers
Venture capital investments dragged down returns in a muted year for alternatives.
State Teachers Retirement System of Ohio Returns 7.55% in Fiscal 2023
Traditionally a strong performer for the pension fund, alternatives underperformed during the fiscal year.
Do Consultants Help Investment Returns?
A CIO Allocator Insights panel offers advice on dealing with outside advisers.
Ireland to Establish Sovereign Wealth Fund
The Irish government will also launch a fund focusing on infrastructure, climate, and nature.
4 Ivy League Institutions Release Fiscal 2023 Endowment Results
Brown, Columbia, Dartmouth and Penn all improved their returns from 2022 but alternative investments dragged down returns.
Mature Asset Managers Increase Hedge Fund Market Share to 84%
Seward & Kissel’s annual report based on fund side letters attributed the gain to a fundraising advantage over newer firms trying to establish a toehold.
At Least 8 States Buy Israeli Bonds Totaling More Than $100M to Support War Against Hamas
Moody’s warns that a prolonged conflict could hurt the country’s credit rating.
CalPERS’ Private Equity Allocation Remains Nearly $7B Under Target in Q3
The New York State Common Retirement Fund recorded the largest overallocation among global pension funds at $11.7 billion.
San Diego County Pension Returns 9.6% in Fiscal 2023
SDCERA edges its benchmark by 20 basis points while raising its asset value to nearly $15.9 billion.
Academic Endowments Post Sluggish Returns for Fiscal 2023
Yale, Stanford, Bowdoin and Duke's funds trail previous showings amid a rough year.
MPI: Venture Capital, Technology Investments Will Define 2023 University Endowment Returns
As data are released about endowment returns in fiscal 2023, funds in the Ivy League and at Stanford are expected to have underperformed the markets, according to Markov Processes International.