USS Offloads $1B Private Equity Portfolio
One of the UK’s biggest pensions has sold interests in 13 vehicles to private equity specialist Ardian, preparing to go direct.
News
Red Cross Needs PE Chief, Senior Portfolio Strategist
New CIO Greg Williamson has opened the search for two top staffers for the $5 billion foundation.
The Idiot’s Guide to Portfolio Insurance
Is hedging your equities portfolio against market risks worth it? Experts say it rarely pays off.
Investors Embrace Outsourcing—If Not OCIO
A quarter of institutional investors are already outsourcing to some extent, and that number will only grow, according to Natixis Global Asset Management.
APG Appoints Insurance Veteran as CEO
The Dutch pension manager has confirmed the permanent replacement for Dick Sluimers.
NJ Pension: Alts Are ‘Worth It’
The most contentious parts of New Jersey's $79 billion portfolio also performed the strongest last year.
EY: How to Bring PE Reporting into the 21st Century
Private equity funds need to invest in digital operations to meet investors’ demands for transparent reporting—or outsource.
Sun Life Seals Dual Fund Buy-In
Canada’s largest ever bulk annuity transaction involves not one, but two separate pension funds.
How Pensions Will Tackle the Next Crisis
Detailed analysis by European regulators indicates investor intentions don’t always translate to action.
Endowments Returns Drop, Outsourcing Steadies
A difficult 2015 fiscal year pushed endowments’ 10-year returns down to 6.3%, according to NACUBO-Commonfund’s annual study.
'Serious Issues' in NYC Pension Investment Operations
The city’s investment office said it will “re-engineer” every process of operation to bring the pension system into the 21st century.
Adding Risk to De-risk
For pension systems with deficits to close, it’s time to dump “safe haven” bonds, specialists argue.
CalPERS Leads Record Year for Unloading Real Estate
The secondaries market has never been so hot.
Shoot for Alpha, Not Beta in Low-Returning 2016, Mercer Says
Opportunistic and dynamic strategies are key to adding value as few asset classes are still considered “cheap.”
How Well Do You Measure Risk?
Forecasts based on typical techniques are “indistinguishable from random noise” for shorter time horizons, according to a Dutch central bank researcher.