NYC Pensions Seek Public Equities Passive Index Asset Managers
It is the first time the city’s pension funds have solicited managers for public equity index services in nearly a decade.
Manager Selection
New Jersey Pension Fund Seeks Emerging Private Equity Managers
The state’s Division of Investment invites managers who meet its investment criteria to in-person meetings in July.
Penn PSERS Approves up to $25B Public Equity Mandate With BNY Investments
The pension fund’s board also approved contract negotiations with its current general investment consultant Cerity Partners Retirement Plan Advisors.
How Should Institutional Investors Approach H2 2026—Active or Passive?
Much depends on an organization’s portfolio objectives.
Texas Teachers Seeds Quant Equity Strategy From NISA With $250M
The asset management firm hired the bulk of the pension fund’s quant team in 2025, laying the groundwork for the partnership.
Smaller Staff, Fewer Resources Continue Driving OCIO Adoption Among Smaller Endowments
Moving to an outsourced CIO model has become a necessity for many small teams.
Manager Selection Seen Driving Return Dispersion
Endowments and foundations with similar asset allocations are experiencing a divergence in returns, according to OCIO Analytics.
Australia’s REST Backs Nuveen Retail Property Fund With $250M
The asset manager raised $330 million from a trio of superannuation funds for its U.S. Cities Retail Fund.
What LPs Expect From Their Alts Managers
Limited partners report that ‘depth beats noise, and alignment beats hype’ when evaluating new general partners, according to a survey from LP networking community Commonplace.
Nest Seeks Manager for $350M Ethical Equity Mandate
The UK’s National Employment Savings Trust Ethical Fund seeks to prioritize ethical and moral concerns.
New York City Pensions Shelve Recommendation to Rebid BlackRock Mandate, Terminate Fidelity
City Comptroller Brad Lander had proposed the moves, alleging the firms have failed to meet the funds’ net zero plans.
Despite High Market Concentration, Investors Are Holding On
Institutions might be willing to maintain their bet on concentrated markets, if top-performing equities grind higher.
NYC Comptroller Calls for City Pensions to Drop BlackRock, Fidelity, PanAgora
Brad Lander has recommended three of the city’s five pension funds rebid BlackRock’s U.S. public equities index mandates.
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.
Australia’s State Super Hires Frontier Advisors as Independent CIO
The consultant firm will employ the superannuation fund’s investment team and manage its portfolio, while the fund will take a ownership stake in the firm.