Canadian Defined Benefit Plans Return 13.6% in 2019
End-of-year equities rally boosts returns for pension plan portfolios.
Asset Allocation
NY to Investigate Coal Investments to See If Green Efforts Are Improving
Move is a step in the New York State Common Retirement Fund’s overall plan to decarbonize its portfolio.
More Active Managers May Make a Comeback This Year: Mercer
Hedge funds and other active strategies still play a role in diversifying risk in client portfolios, says firm’s Hyman.
NY Teachers Hires a Bunch of New Private Equity Managers in $1B Endeavor
Private equity made up 5.6% of the pension fund’s portfolio as of October, short of 6% goal.
National Australia Bank Trustees Sued for Mismanaging Pension Assets
Class action suit on behalf of 330,000 members alleges breach of duties.
Australia’s Future Fund Invests Directly in Cloud Computing After Best Returns Since 2015
The Australian mega fund acquires a 24.1% stake in data center operations.
Op-Ed: Why CIOs Should Engage on Climate and Take Action
Thousands of CIOs are currently assessing the climate risks of their portfolios as the March 31 reporting deadline for the UN PRI approaches.
Canadian Pooled Funds Return 15.8% in 2019
Strong stock and bond markets boost fund manager results.
Fossil Fuel Divestment Yields ‘No Discernible Effect’ on Endowments
But study also finds divestment has no adverse effects on university portfolios.
UK Universities Superannuation to Give DC Plan Access to Private Markets
UK’s largest private pension opens £17 billion portfolio to 85,000 defined contribution members.
Investors Redeemed Nearly $100 Billion from Hedge Funds in 2019
It’s the second consecutive year of outflows in the industry as managers struggle to keep pace with the broader market.
Rhode Island Launches Offensive Against Assault Weapons and Private Prisons
State Treasurer Seth Magaziner cites perverse corporate incentives and escalating violence for pulling investments out of the two industries.
More Than Half of UK Public Universities Commit to Divest Fossil Fuel
Divestment campaign gathers steam with 79 universities signing on since 2014.
Defense Stocks Are Killing It, but for How Long?
Amid swelling Pentagon spending under Donald Trump, they look good. But under President Bernie Sanders?
CalPERS Outlines Key Economic Risks for Next Decade
Declining interest rates, increasing profit margins less likely to repeat, and high valuations across domestic markets topped the list.