Can the Canadian Model Be Improved?
A new study by PSP CIO Eduard van Gelderen, “On the Sustainability of the Canadian Model,” aims to find improvements to the investment model.
News
US College Endowments Gained 7.7% in Fiscal 2023, but Suffered From Weak Alternatives Returns
Equities drove gains, while alternative returns were mostly flat.
Bonds Should Climb Nicely in 2024, WTW Predicts
Dropping central bank rates will help a lot, with the 10-year Treasury total return rising as much as 13%, the firm contends.
NY State Pension Returns 6.2% in Fiscal Q3, Cashes Out Another Public Equity Fund
The $260 billion pension giant also said it will divest and restrict investments in Exxon Mobil and seven other oil-and-gas companies
Rate Cuts: The Fed and the Futures Market Draw Closer Together
Odds are that improved economic news will slow rate declines, but that may not be much of a tonic for stocks, says LPL.
CDPQ Extends CEO Charles Emond’s Term, Invests in Local Consultant, Japan Solar Plant
Emond, who became CEO in 2020, will remain until at least February 2029.
MassPRIM Adopts New Asset Allocation
The Bay State’s investment management board seeks to achieve a 7% annualized rate of return while accepting no greater than a 20% drawdown.
3 Stock Sectors, All Tech, Expected to Soar in 2024
Why biotech, AI and cybersecurity should romp, per State Street.
Ontario Teachers’ Seeks Greater Accountability, Transparency in 2024 Proxy Season
The $184 billion pension giant is asking its portfolio companies to improve their climate-change risk management.
AI Poses Unique Risks to Investors, SEC Chair Says
Conflicts can be easily concealed by complicated and evolving predictive technologies, Gary Gensler argued.
Family Offices Plan to Increase Alts Allocations
CIOs plan to add exposure to private equity, credit and infrastructure and funding by selling cash and equities, according to KKR’s 2023 family capital survey.
US Venture Capital Firms’ China Investments Scrutinized by Congress
American VC firms invested in Chinese AI, semiconductor, aerospace and defense startups, including some blacklisted by the U.S., according to a House committee report.
Hotel Investing Remains Cheap as Sector’s Recovery Continues, per Expert
Morgan Stanley’s Bluhm notes that lodging deal activity is picking up amid lowering rates.
CalPERS Prepares for 2nd Round of CIO Interviews
With the CIO position vacant since September 2023, a second set of interviews will be held on February 28.
Asset Management, Admin Fees Dropped, per Recent Public Sector Pension Data
An NCPERS survey also revealed that real estate and private securities were the highest-performing asset classes for public sector pension funds.