Insurers Tap Money Managers for Opportunities in Real Estate, Private Credit Markets
A recent surge in home construction has insurers eyeing investment opportunities in the single-family and multi-family residential sectors.
News
Stalled Venture Capital Funds Scramble to Find Cash for Impatient LPs
Lack of exits, as IPOs are infrequent, has VC managers selling part of their stakes to others, but at a discount.
Oaktree Capital CEO Jay Wintrob to Step Down in 2024
The $172 billion alts investment manager taps Robert O’Leary and Armen Panossian as co CEOs.
Five Multiemployer Pension Funds Bailed Out By PBGC This Week, Totaling More Than $2 Billion
The PACE Industry and National Integrated Group Pension plans make up the bulk of that amount.
CIOs Assess the Legacy of Harry Markowitz
Six investment chiefs discuss the legendary economist’s theory and its limitations.
Public Equities Drive CalPERS’ 3.2% Q1 Return
The pension giant’s portfolio rose to $452.6 billion, but missed its benchmark by more than 100 basis points.
Funded Level for U.S. Public Pensions Slips to 73.7% in May
The 100 largest public plans saw an aggregate investment loss of 1% during the month.
CalSTRS Winnows Candidate List for China Equities Manager
Pension giant is seeking a better way to implement its China equity exposure.
Pensionmark Creates New Chief Investment Officer Role
Nate Garrison will lead investment strategy for all of the group's financial services companies.
Wespath Hires New Deputy Chief Investment Officer From Illinois SBI
Johara Farhadieh will succeed Dave Zellner, who plans to retire next summer from the Methodist Church pension and benefits arm.
Republican ESG Working Group Calls Out Proxy Voting
An interim report published by Republicans on the House Financial Services Committee argues that ESG lowers returns and that the proxy voting industry is unacceptably opaque.
Wisconsin Economic Development Corp. Hires Senior Investment Director
Greg Williamson will oversee the WEDC’s new Wisconsin Investment Fund.
House Democrats Express Misgivings About Some Market Structure Proposals
House Republicans have opposed these proposals for some time, but Democratic skepticism is also emerging.
Goldman: Look for EMs to Overtake US in Stock Valuation by 2030
In 2035, emerging markets will gain a slight edge, and they will have a clear lead by 2050: 47% to 27% of global capitalization.
For Trend-Setting Family Offices—and Those Following Their Lead—Timing Is Key
Investors are sensing a regime shift in the market, but capturing it will take careful planning.