After ‘Very Long Winter,’ Emerging Markets May Finally Be Living Up to Their Potential
Analysts and consultants concur that EM public assets represent an attractive opportunity, particularly in comparison to opportunities in the US.
Asset Allocation
IFM Investors, Nest Complete First UK Investments
The allocations come from a Nest-seeded global infrastructure debt fund that IFM is managing.
Brown University Endowment Returns 11.9% in Fiscal 2025
The assets of the fund rose to $8 billion at the end of June.
Harvard’s Calculated Risk Leads to 11.9% Reward in Fiscal 2025
The $57 billion endowment’s allocation to private equity has steadily grown to 41% of its portfolio from 16% eight years ago.
Eli Lilly and Co. Selects Goldman Sachs for $25B OCIO Mandate
The company’s CIO, Susan Ridlen, retired in August, and Goldman Sachs Asset Management will now manage its portfolio.
Endowment Tax Increase Will Have ‘Significant Impact’ on Yale Finances
The tax, which will balloon to 8%, will be an ‘ongoing expense of approximately $300 million per year,’ according to the university’s provost.
New York Pension Earmarks More Than $1B, Continues to Shun Public Equities
The New York State Common Retirement Fund has now gone nine of the past 11 months without allocating a dollar to public equities.
MIT Endowment Returns 14.8% in Fiscal 2025
Assets managed by the Massachusetts Institute of Technology Investment Management Co. rose to $27.4 billion.
Stanford’s Merged Pool Returns 14.3% in Fiscal 2025
The balance in the institution’s primary investment vehicle, which includes endowment assets, rose to $47.7 billion in assets under management.
Family Offices Pivot Toward Wealth Preservation Amid Global Instability
A KPMG/Agreus survey found that family offices are focusing on shielding assets from market volatility by moving away from cash.
Operational Alpha Can Provide a Crucial ‘Competitive Advantage’
More efficient data management and use of machine learning can help investors better prepare for scenarios that include continued market volatility.
Adopting AI, While Still a Challenge, Could Transform Risk Management
Asset managers should consider how artificial intelligence brings value before integrating the software.
How Useful Is AI in Institutional Investing Right Now?
Artificial intelligence can make a major contribution by interpreting data, but it will not generate alpha on its own; human analysts remain better with ‘intangible’ information.
University of Pennsylvania Endowment Returned 12.2% in Fiscal 2025
The fund’s assets grew to $24.8 billion at the end of June.
Review Finds Impact Investing, Fossil Fuel Divestment Do Not Harm Returns
The Rockefeller Brothers Fund beat its primary benchmark while growing climate focus and ESG integration, consultant TIIP found.