La Caisse and CalPERS Undertake Strategy Reviews
The Canadian fund has created a new infrastructure subsidiary while the US’ biggest pension is reorganizing its real assets investments.
Asset Allocation
NYC Pension To Liquidate Hedge Funds
The $55 billion public plan blamed high fees and underperformance for unwinding its $1.7 billion hedge fund portfolio.
Bond Allocations Hit Record High Despite Low Yields
UK pensions hiked their exposure to fixed income last year in the face of low—and in some cases negative—yields.
Private Equity LPs Demand Transparency on Performance, Risks
Investors want to know more about the underlying assets in private equity portfolios, according to State Street.
Parametric: Don’t Give Up On Emerging Markets Yet
Despite recent negative returns, emerging market equities are more attractive than ever, according to Parametric’s Tim Atwill.
Pension Herding Has ‘Broken Up,’ Says Russell
Corporate funds have stopped copying from their neighbors—most of the time.
NJ Pension Asked to Switch Back to 60-40
The state AFL-CIO chapter presented a plan to drop its alternatives investments and revert to a “responsible, traditional allocation of stocks and bonds.”
Hedge Funds Post ‘a Trickle’ of Inflows
New capital hit just over $4 billion last month, a fraction of the average of $23 billion over the last six Februaries, eVestment reports.
Another Rockefeller Fund Divests from Fossil Fuels
The Rockefeller Family Fund also singled out ExxonMobil, whose stocks it liquidated “effective immediately.”
Infrastructure’s Brave New World
Long-term cash flows and attractive yields may be driving demand now, but investors may be exposing themselves to risks from new technological developments.
The Rise of the Pension Fund Landlords
Institutional investors should see the UK’s ailing rental market as an opportunity, says Invesco.
Private Debt Assets Top Half a Trillion Dollars
Private lending gets a seal of approval, with $523 billion in total assets and 86% of investors stating investments met or exceeded expectations in 2015.
Taking on the Infrastructure Big Boys
How do you invest in your own country’s infrastructure when overseas buyers got there first?
Investing Through a ‘Longevity Lens’
The demographic makeup of the world is changing, and so will the institutional investing landscape, PGIM says.
The Whole Foods Approach to Investing
Stanford University’s Ashby Monk outlines how fee and cost transparency can help asset owners make better long-term investments.