Japan’s GPIF Suffers 4th Straight Quarterly Loss for 1st Time in 20 Years
Investment losses for the first three quarters of fiscal 2022 totaled more than $55 billion.
Asset Allocation
Limping Commodities Poised to Soar Anew, Says Goldman
China’s reopening and worldwide lack of infrastructure for raw materials should power the revival, per the firm’s Jeff Currie.
New York Common Earmarked More Than $1.1 Billion to Alts in December
The pension fund also terminated a nearly $500 million account with Rockefeller Asset Management.
Norway Pension Giant Buys 49% Stake in Spanish Renewables Portfolio
The $1.4 trillion Government Pension Fund Global is investing $650 million in solar plants and wind farms in Spain.
Public Pension Funded Status Waned as Corporate Plans Thrived in 2022
The funded ratio for the 100 largest public funds dropped to less than 73%, while corporate plans rose to 110%.
After ‘Tough Year,’ TIFF Expects ‘Goldilocks’ Recession in 2023
The firm’s active managers ‘faired poorly’ in 2022, according to CEO Kane Brenan.
Allocators’ Favorite Stock Buys: Battered Tech Names
Amazon, Alphabet and Tesla headed their pick lists in 3Q 2022, a study finds.
Former Problem Children, Agency Mortgage-Backed Securities, Make Case for Inclusion in Core Bond Portfolios
The catalyst investment vehicle responsible for 2008-09 financial Crisis appears to have a strong setup to perform well in 2023.
Scrutiny as a Return Driver
Allocators need to re-think due diligence in the wake of write-downs in private markets.
UC Investments Gives $4 Billion Boost to Blackstone Real Estate Fund
Investment from $152 billion manager comes one month after BREIT had a run on withdrawals.
How Some Asset Owners and Managers are Using Technology to Gain Portfolio Insights
Technology, with human involvement, can improve efficiency and enable innovation in portfolio management, sources say.
Private Market Technology Investments Are Here to Stay
After an immensely challenging year for technology companies, professional investors discuss the reasons why private technology assets are still compelling investments.
Alternative Allocation Provides Asset Managers More Diversification
After the 60/40 portfolio failed to generate its usual stability in 2022, asset management firms suggest higher alternative asset allocations to achieve greater diversification.
Shiny Private Equity Loses Some of Its Luster
The go-to asset class has stumbled a bit lately, prompting second looks from allocators.
Stocks and Bonds Should Come Back in 2023, Says Cambridge Associates
The consulting firm explains why, even with a recession, it will pay to overweight equities.