New Mexico PERA Launches Passive Risk Parity Strategy
Plan seeks to change up multi-risk allocations, boost beta exposure.
Newsmakers
Investors Launch Climate Endowment to Invest in ‘Green Revolution’
Endowment to be modeled on Yale, Harvard’s investment strategies.
UK Launches Institute to Help Investors Make Social Impact
Nascent organization is still accepting applications for a chief executive.
New York Comptroller Aims to Double Pension Plan’s ESG Funding
DiNapoli seeks to increase the state Common Retirement Fund’s sustainable investments to $20 billion.
Rhode Island Supreme Court Upholds Cranston Pension Cuts
High court reluctantly rejects challenge to 10-year suspension of COLAs.
Alaska Shoots for $3 Billion in Private Markets Investments Next Year
Robust growth anticipated for its direct and co-investment strategies across private equity, private credit, and infrastructure.
Michigan Sheet Metal Workers Pension Applies for Benefits Cuts
Pension reapplies for reduction after withdrawing first application in October.
Nominate the Top Asset Owners and Managers for the 2019 CIO Innovation Awards
Nominate your best asset owners and managers for this year's 10th annual bash.
Texas Municipal’s Executive Director to Retire Next May
David Gavia and staff helped bring the fund back to its glory days during near-decade-long run.
AFL-CIO Housing Investment Trust Fights San Francisco Termination
For now, the union-backed housing trust fixed income mutual fund is a winner, avoiding being fired by the San Francisco Employees’ Retirement System board.
Sunsuper CEO Will Step Down Once Successor Is Found
Scott Hartley’s leadership helped more than double the Australian fund’s assets in almost six years.
Al Gore Calls on Harvard to Divest from Fossil Fuels
Former US vice president says alma mater’s investments a ‘moral issue.’
Declining Musicians’ Pension Fund Sings the Benefit Reduction Blues
National plan can take this step under a federal law passed in 2014.
ExxonMobil Dodges Dual-Role Bullet Once Again
New York Common, Church of England funds voice their frustrations with the oil titan in proxy vote.
Wells Fargo Settles Derivatives Lawsuit with Pensions for $320 Million
Settlement resolves accusations that Wells Fargo breached its fiduciary duties.