Florida State Pension Misses Fiscal 2025 Benchmark, Projects Full Funding in 17 Years
Equities led the fund’s 10.3% return, which fell short of its target by 60 basis points.
News
Family Offices Brace for Trade Disputes
Many family offices have adjusted their portfolios toward defensive stocks amid geopolitical concerns.
La Caisse Acquires Australian Renewable Energy Company
The Québecois pension purchased Edify, which provides battery storage systems, for $725 million.
Blackstone Appoints BREIT, Core+ Chief to Succeed Slain Executive
Katie Keenan is the new CEO of Blackstone Real Estate Income Trust and the firm’s Core+ real estate business.
The Demographic Ripple: From Cribs in Shanghai to Corn in Iowa
Population trends are not background noise and deserve the same attention as AI, climate, cyber, geopolitics and liquidity on the risk dashboard.
Anwiti Bahuguna Named Global Co-CIO at Northern Trust Asset Management
Formerly the deputy CIO, Bahuguna will succeed recently promoted Michael Hunstad at the $1.3 trillion manager.
Global Asset Owners Rethink Asset Allocation Amid Market Uncertainty
Among institutional investors, 76% see tariffs as a material consideration in their decisionmaking, according to research from Morningstar.
PGIM, Partners Group Cooperate on Multi-Asset Investing
The duo will provide strategies for institutional and individual investors.
Ohio Teachers Unions Sue State Over Takeover of STRS Board
Government-appointed members will soon make up a majority of the State Teachers’ Retirement System’s board.
Mark Tay Named CIO of Asia Pacific Fixed Income at Allianz GI
Tay's appointment is effective October 1.
Infrastructure Ranks as OMERS’ Top Performer in H1
The Canadian pension fund returned 2.2% during the first half of 2025 to raise its asset value to C$140.7 billion.
Trump Calls for Semiannual Reporting Instead of Quarterly Schedules
The president, in a social media post, suggested that public companies should report every six months, similar to the process used in the EU and other jurisdictions.
Corporate Pension Funding Drives Higher in August
Strong investment returns drove gains in corporate pension funding surpluses.
Future Fund CIO Leaves for Abu Dhabi Strategy Role
Ben Samild, who had led Australia’s sovereign wealth fund’s investing efforts since 2023, will reportedly become the Abu Dhabi Investment Council’s chief strategist.