California, Texas, Virginia Endowments Report 2018 Returns
Texas, Virginia returns top 11%; California lags with 8.9%.
Texas, Virginia returns top 11%; California lags with 8.9%.
US, private equities help propel portfolio to a record-high market value of $5.5 billion.
Fund’s total asset value climbs to $A146 billion.
Private equity investments help increase fund’s market value to $78.6 billion.
US stocks help raise system’s total asset value to nearly $41.3 billion.
Investments beat benchmarks to raise total asset value to $72.9 billion.
Private equity helps boost Danish pension fund’s market value to more than $47 billion.
Real estate and private equity do OK, while stocks and bonds suffer.
Move is expected to reduce liabilities by 30%, and participants and beneficiaries by 50%.
Public, private equity and inflation-linked assets bolster the Canadian pension plan.
But gains are down from previous year’s 14.6%. Domestic stocks, private equity did the best.
Total asset value rises to $38.85 billion at the end of June.
Oil-based equities help grow the world’s largest sovereign wealth fund by $19 billion in the second quarter.
The Government Pension Fund Norway beats its benchmark, growing assets to $29.5 billion.