News

Alternatives August 1, 2025

Measuring Hedge Fund Performance Has Its Limitations

Benchmarks are a key part of the discussion as investors look for ways to quantify the funds’ contributions of different exposures to generate returns.

Opinion July 31, 2025

System-Level Investing in Practice: From Beliefs to Blueprints

‘If you want to go fast, go alone. If you want to go far, go together.’ But what if the road itself is crumbling?

Corporate Moves July 31, 2025

PGIM AUM Grows to $1.4T, Driven by Market Appreciation

In its earnings report for the year’s second quarter, Prudential also reported a slowdown in pension risk transfer mega-deals.

Corporate Moves July 31, 2025

Brookfield Moves Into Annuities by Acquiring Just Group

The asset manager’s wealth solutions arm announced it will acquire the defined benefit insurer for $3.17 billion.

Alternatives July 31, 2025

Trump’s Crypto Working Group Lists Proposals for Broader Digital Finance Adoption

The recommendations in the 166-page report mostly called on agencies to provide clearer rules on trading the assets.

Market Moves July 31, 2025

LP-, GP-Led Secondaries Grow to Record Volumes in 2025

In the first half of the year, more than $100 billion in secondaries transactions occurred.

Pensions July 30, 2025

CalSTRS Achieves 8.5% Return for Fiscal 2024-25

Assets of the California State Teachers’ Retirement System rose to $367.7 billion.

Asset Allocation July 30, 2025

Institutional Investors Pull Back From US Equities, See Complacent Markets Amidst Tariff Policy Shifts

According to CoreData research, investors are making significant portfolio changes in light of market volatility.

Newsmakers July 30, 2025

CFA Institute Names Naqvi Managing Director of Research, Advocacy and Standards

Mona Naqvi, whose position is to begin in September, will inform the organization’s research, insights and policy.

Manager Selection July 30, 2025

Penn SERS Makes $1.5B in Fixed-Income Commitments

The Pennsylvania State Employees’ Retirement System allocated to three strategies and maintained its assumed rate of return.

Asset Allocation July 29, 2025

Octopus Australia Wins $650M Mandate From APG

The renewable fund manager will deploy assets from the Dutch pension fund to clean energy transition projects.

Pensions July 29, 2025

Canadian PRT Transaction Volume Down 60% in H1

Plan de-risking deals took a backseat amidst market and trade-driven volatility, according to Sun Life.

Newsmakers July 29, 2025

Former Johns Hopkins CIO Joins Colorado Family Office

Jason Perlioni will lead the investment committee at the $3 billion Cherry Creek Family Offices.

Newsmakers July 29, 2025

Blackstone Real Estate Chief Killed in NYC Shooting

Wesley LePatner was the global head of Core+ Real Estate and the CEO of Blackstone Real Estate Income Trust.

Alternatives July 28, 2025

Macquarie Asset Management Closes Inaugural Infrastructure Secondaries Fund

Approximately $711 million in total commitments were made for MAPIF.