Arizona PSPRS Consolidates 10 Asset Classes into 3
Public safety pension plan will benefit from greater simplicity, says CIO Mark Steed.
Asset Allocation
Norway’s Pension Giant Revokes Walmart, Rio Tinto Exclusions
Trillion-dollar pension also lifts bans on General Dynamics, Nutrien, Grupo Carso.
Ontario Teachers’ Blasting Off with SpaceX
Canadian pension fund interested in Elon Musk’s rocket business, in particular its Starlink satellite network project.
Illinois SURS Gears Up for Unique Crisis-Prevention Allocation
Report reviews primary risks and potential gains with lofty 20% allotment.
CalPERS Sets Up Trust to Allow Employers to Prefund Contributions
New prefunding trust to act as ‘almost a defined contribution plan.’
Texas Employees’ Tees Up Major Investment Plans
Private equity, infrastructure, and real estate allocations have their investment schedules laid out for the future.
UK Pension Funds Now Hold less than 20% in Equities
Report also says accounting rules change could cost FTSE 100 pensions $100 billion.
Op-Ed Scolds Harvard’s ‘Rapacious’ Land Investments
Former overseer Kathryn Taylor, two student advocates call for a ‘new direction’ for endowment investments.
CPPIB, Piramal to Launch $600 Million Renewable Energy Trust
Canadian pension will contribute lion’s share and own up to 60% of venture.
Michigan Endowment May Send More Capital to Seven Funds
Private equity, credit, and hedge fund strategies, recipients of extra investments earlier this year, may be in line for more still.
CDPQ and Lightsource BP Beam Capital into Solar Power Projects
The $173 million in debt financing is part of the Canada fund’s greener, low-carbon investment mission.
ABP Comes Closer to Reaching Sustainability Goals
How the biggest Dutch fund boosted its ESG investments in 2018.
San Antonio Fire and Police Wants More Private Investments
New consultant NEPC suggests targets will be achieved by keeping a steady pace in commitments.
At Pension Bridge: New Hawaii CIO Speaks on Hedge Funds
Elizabeth Burton finds value in a selective approach to an asset class that hasn’t done well lately.
ESG Grows More Popular with Asset Managers
Some 75% of asset owners and 62% of asset managers hold ESG funds, BNP Paribas study says.