Why REITs Return More Than Directly Owned Properties
For allocators, real estate investment trusts, which boast higher liquidity, come out ahead across the board, a CEM Benchmarking study finds.
News
Australia’s National Reconstruction Fund Appoints its First CIO
Mary Manning will lead the investment strategy of the fund, starting in July.
NBIM Takes Stake in UK-Based Offshore Wind Project
The 37.5% stake in ’Race Bank’ is worth $419 million.
Penn SERS Adjusts Asset Allocation Targets, Makes New Commitments
The fund will decrease its emerging equities exposure target for US equities as it reports a 3.81% return in the first quarter.
Identify Risk and Opportunity Through Sustainability Data
Enhance investment analysis by integrating ESG performance scores and key issue data.
Vanguard Reopens Two Actively Managed Funds to All Investors
The Primecap and Primecap Core funds were closed to new investors in 2004 and 2009, respectively.
Public Pension Funded Status Reached 79.4% in May
Funded status of the largest 100 US public pensions increased from strong market returns.
Rich Joseph Appointed Head of Growth for WTW’s US Investment Business
The retirement executive spent more than 20 years at Mercer.
PSP Investments Returns 7.2% in Fiscal Year 2024
In the period ending March 31, the $192.71 billion pension fund's portfolio was boosted by strong equities and clobbered by underperforming real estate.
New York State Comptroller Seeks LGBTQ+ Information From 17 Firms
Cites U.S. Chamber of Commerce report finding that firms with inclusive policies financially outperform their sector peers.
The Evolution of Insurance in the Age of PRT
Private equity investment in the insurance industry is affecting how some view risks in the pension risk transfer market, while others say it will broaden the PRT sector’s appeal as a diversification tool.
Home Bias: Do Canadian Pensions Need to Invest More in Canada?
Canadian lawmakers and business leaders criticize the country’s pension funds for not investing more domestically, but doing so could introduce risks, a new paper states.
Public Equities Spur 10.2% Return for University Pension Plan Ontario in 2023
The asset class gained 19.5% for the UPP investment portfolio after losing 14.1% a year earlier.
Construction Pension With 666 Participants Rescued by PBGC
The Arizona Bricklayer’s pension will now remain solvent through 2051.