Asset Allocation
Brown University Endowment Returns 11.3% in Fiscal 2024
Assets of the endowment grew to its record high of $7.2 billion at the end of June.
News
Asset Allocation
Surging Equities Fuel Japanese Pension Giant’s 23% Return in Fiscal 2023
GPIF’s domestic and foreign equity investments earned more than 40% each for the fiscal year that ended March 31.
Asset Allocation
Apollo Aims to Double AUM by 2029
During the firm’s investor day, CEO Mark Rowan laid out plans to achieve $1.5 trillion in managed assets, which include leaning into demand for private credit and retirement products.
Newsmakers
AustralianSuper Grows US Team With Senior Hires
The fund announced senior appointments to its New York office as part of plans to double its U.S. staff.
Newsmakers
Rest CIO Andrew Lill to Step Down
The first investment chief of the Australian superannuation fund will step down in November after more than four years in the post.
Asset Allocation
UConn Endowment Returns 12.1% in Fiscal 2024, Plans Major Fundraising
Assets of the university's endowment rose to $634 million, and the organization has set its sights on reaching $1.5 billion in the next 10 years.
Asset Allocation
UN Pension Fund Earns 13.7% Over 12 Months
The United Nations’ Joint Staff Pension Fund’s total asset value increased to $97.3 billion but did not meet its benchmark’s return.
Asset Allocation
Columbia Endowment Achieves 11.5% Return in Fiscal 2024
In the latest rebound for an Ivy League pension, assets of Columbia’s endowment rose to $14.8 billion.
Alternatives
Cerulli: Institutional Investors Shifting Away from Active Strategies ‘in Favor of Illiquid Private Markets’ Assets
Asset allocators and other investors are shifting their risk budgets away from active strategies, according to a report.
Asset Allocation
China’s Sovereign Wealth Fund Tilts Foreign Investments Toward Alts
The China Investment Corp., which has nearly half of its foreign holdings in alternative assets, aims to capitalize on the ‘global green transformation.’
Opinion
It’s Time for Endowments to Lead the Finance Industry in Transparent Impact Investing
The co-founder of the Intentional Endowments Network introduces a new assessment, rating and benchmarking framework.
Asset Allocation
Cybersecurity M&A Balloons as Breach Danger Builds
Stealing data to sell, extract ransom or just for mischief is exacting a bigger toll.
Asset Allocation
CalSTRS Flexes Co-Investing Muscles
The $346.5 billion California teachers’ pension fund addressed leverage in its private equity policy with an eye toward expanding its co-investments and collaborative strategies portfolio.
Risk
Keeping Endowments Safe From Hackers
Cyberattacks on universities have soared, so university endowments are trying to catch up with other industries to ensure their portfolios are safe.
Asset Allocation
Sovereign Sophistication is Increasing
Macro forces and long-term investment horizons are pushing sovereign wealth funds to move portfolios into private markets and adopt new structures.