Bridgewater Wins Big in 2018 Despite Peer Struggles
Leader Ray Dalio attributes portfolio balance to flagship Pure Alpha fund’s 14.6% returns.
Risk
Arizona Evaluates over $1.5 Billion in Private Credit Investments
System liquidates entire high-yield portfolio.
Rising Interest Rates Galvanize Change in Alaska Board’s Farmland Portfolio
Management Board switches focus from row crops to permanent crops to target outsized performance.
MainePERS CIO Deliberates Withdrawal of PE Commitments
Effort seeks to ‘rebalance’ portfolio.
Private Equity Boosts Wellcome’s 2018 Returns
The star asset class’ 20.2% gains raises Trust’s value to $38.4 billion.
Balyasny Hedge Fund Clips One-Fifth of Staff
After $4 billion in losses and withdrawals, it reverses its ambitious hiring program.
CalSTRS Details $4.7 Billion Private Equity and Real Estate Commitments
A total of 25 managers received 26 commitments in the last half of the 2017-2018 fiscal year.
NJ State Investment Council Takes a 1.41% Hit from Fall Stock Shock
Wednesday’s rally helped recover some broad US equity losses, acting director of investment says.
Firms Make Last-Minute Dash for Pension Contributions in Q3
Companies bolster pensions while taking advantage of lower tax rate.
SFERS Board Cuts Rate of Return to 7.4%
The minuscule cut reduced the expected rate of return from 7.5%, the highest return projections of any pension plan in California.
Risks Increasing to Bull Market
Global economic forecasts offer somber, even gloomy, outlook for 2019.
Larry Summers Puts 2020 Recession Risk at 50%
Former Treasury chief sees risk from slumping stock market, Fed tightening, and international tensions.
US Net Pension Liabilities Top $1 Trillion
Ratio of liabilities to personal income rises to 3.6%, according to Fitch Ratings.
Ray Dalio Sees Investors Ill-Prepared to Weather Next Bear Market
Bridgewater superstar says a strategic asset mix will ‘distinguish the winners and losers’ in the next slump.
Hedge Funds Clip Facebook Shares in Q3
The space’s top dogs ditch the social media company’s stock during Zuck’s problematic year.