Public Equity Allocations Lead the Way for Public Pension Funds
The top-performing public pension funds this year are likely to thrive with a higher allocation to equities, according to Markov Processes International.
This relatively new alternative asset class had a 2.7% rate for loan non-payments in the second quarter, a Proskauer study says.
Priti Singh, the fund’s capital markets factor investing head, has been promoted to CRO, while Heather Tobin succeeds her.
The $990 billion Public Investment Fund signed four joint venture deals involving solar, wind and green hydrogen projects.
PE delivered 15.3% annually over 10 years, according to the American Investment Council.
Other emerging market nations, such as Taiwan and India, are compensating for weakness in the Chinese market.