Asset Allocation
Rhode Island Withdraws $340 Million from Hedge Funds
State to reduce hedge fund investments by more than $500 million over two years.
North Carolina Pension Fund Rises 4.1% in 1Q
Public equity outperforms, while fixed income lags behind.
Women Mean Returns
Lifting the Veil: How ESG brings transparency to the fastest growing markets
Pennsylvania to Move $2.4 Billon in Equity Investments into Passive Investing
Treasurer says the change will save the state $5 million a year in fees.
Survey Sees Shift to Active Strategies for Emerging Markets Investments
Economic development in emerging markets is predicted to be led by rising levels of education, infrastructure investment, and innovation.
Goldman Survey Finds Insurance Execs Upbeat About Markets, Wary of Political Risks
88% of respondents believe the S&P Index will be higher in 2017 than last year.
Positive Impact of Social Investing Cited in Study of European Pension Funds
Funds play a positive role in pre- and post-retirement, ITF says.
Preqin: Global Private Equity Real Estate Deal Flow Declines in 1Q 2017
North America sees downturn of deals, while Europe posts highest aggregate total since 1Q 2016.
Minnesota Foundations Collectively Drive Impact at Home
Kick off collaborative efforts towards impact by committing more than $17.1 million to a fixed-income bond fund.
Pennsylvania Gets on Indexing Bandwagon
State treasurer expects the move to save the state about $5 million a year in fees paid to managers.
BAML: Investors Bullish on Euro Equities, Despite Political Uncertainty
A net 83% of investors believe US equities are overvalued, with allocations dropping to their lowest levels since January 2008.
Public Pensions’ Cash and Short-Term Investments Jumped 16.7% in 4Q
Largest quarter-to-quarter increase since 2005, Census Bureau says.
Return-Seeking Asian Investors Set to Move into Alts
Push is led by Korean institutions, many seeking a 20% minimum allocation to alts before 2020.
