Pensions
DB Plans See Best Year-to-Date Q3 Performance Since 2019
DB plans saw a median return of 4.43% in the quarter, reaching 10.72% for the year so far, according to data from Confluence.
News
Newsmakers
Why This Consultant Is Doubling Down on Sustainability
Max Messervy, a former Mercer director, founded his independent firm, Oakledge Advisors, to help asset owners and other investors navigate climate strategy.
Newsmakers
Puneet Kohli Named CalSTRS Investment Director of Risk-Mitigating Strategies
Kohli previously held positions at multiple Canadian funds.
Asset Allocation
Franklin Templeton Expands Tokenized Funds to New Blockchain Network
The manager’s Benji technology platform will become available on the Canton Blockchain.
Regulation
Economic Data to Resume as Government Shutdown Nears End
Once the U.S. government reopens, much-anticipated jobs reports and inflation updates will provide crucial insights.
Asset Allocation
Half of Australia’s Superannuation Plan Assets Invested Offshore for First Time
New research from National Australia Bank found that artificial intelligence and digitization are the leading themes influencing investment decisions.
Regulation
Investors, Pension Funds Blast SEC’s Green Light for Forced Arbitration
More than 60 institutional investors managing a combined $8 trillion wrote a letter strongly opposing the Securities and Exchange Commission’s position.
Asset Allocation
Comparing Ivy League Endowment Returns
Investment performance for the institutions was the best of the last four fiscal years.
Asset Management Culture
Certain Wall Street Bonuses to Rise by as Much as 25%
Equity traders are expected to see the highest boost, while real estate and venture capital pros will likely miss the gravy train.
Asset Allocation
JPMorgan’s Campbell Global Adds 28,200 Acres of Timberland
Oregon’s Emerald Ridge property is home to 8.5 million trees.
Asset Allocation
AUM of World’s 500 Largest Asset Managers Nears $140T
The industry saw growth in North America and in passive strategies, according to WTW’s Thinking Ahead Institute.
Alternatives
Apollo to Take Majority Stake in Atlético Madrid
The alts manager joins Ares Management and Quantum Pacific as shareholders of the soccer club.
Newsmakers
Texas ERS Promotes for Director of Private Real Estate
Simon Mok had been a portfolio manager on ERS’ private real estate team.
Research
Approximately 88% of Asset Allocators Plan to Increase Investments in AI, Data Centers
Limited partners are doubling down on digital infrastructure, according to a survey from Dynamo.
Asset Management Culture
How Manager Relationships and Transparency Standards Are Evolving
Alternative assets in DC plans; transparency and accountability requirements; and a shift in investor expectations are driving changes in the relationship between limited partners and their general partners.