Pensions
San Diego County Pension Returns 11.3% in Fiscal 2024
Assets have grown to $17.7 billion at SDCERA, which announced a new allocation to an alternative credit fund.
News
Pensions
International Centre for Pension Management Celebrates 20 Years
The organization, which started out within the University of Toronto, has grown to a network of the largest institutional funds.
Newsmakers
Columbia Business School, Emeritus Launch CIO Training Program
The nine-month process will include the use of behavioral finance principles and the integration of artificial intelligence into investing decisions.
Asset Allocation
Citi Survey: 60% of Family Offices Have Own CIO
Smaller funds were most likely to outsource the chief investment officer role, according to the bank’s 2024 family office survey.
Pensions
With Assets at $11.2B, UK’s Nest to Make Domestic Investments More Transparent
The defined contribution pension plan expects to have more than $26 billion invested in the U.K. by 2030.
Alternatives
BlueFlame AI Tool Seeks to Aggregate Unstructured Alts Data
Available to BlueFlame clients, Nexus aims to organize data from many sources in a searchable database.
Asset Allocation
Private Equity Firms? More Like Private Debt Providers
Lending occupies more and more of PE companies’ attention, per a new PitchBook Report.
Pensions
Rate Cuts Unlikely to Affect PRT Market in Short Term
Funds are more sensitive to long-term rates, upon which the Federal Reserve’s action will have little impact.
Risk
Inflation? Companies Fret Less About It Lately
Mention of price increases dropped sharply in 2Q earnings calls compared with two years before, says FactSet.
Pensions
Seesaw Markets Force NYSLRS to Raise Employer Contribution Rates
‘Volatility in investment income translates into volatility in employer contributions,’ according to the chief actuary at the New York State and Local Retirement System.
Asset Allocation
NZ Super Fund Posts 15% Return for Fiscal 2024, Just Shy of Benchmark
According to the sovereign wealth fund, its active-passive hybrid strategy produced a $10 billion gain as compared with a strictly passive investing approach.
Asset Allocation
Listed Asset Managers Have Seen Strong Growth in Last Year, per Casey Quirk
Despite strong growth, a large disparity exists between the top and bottom performers.
Pensions
CDPQ Acquires $546M Stake in Ohio Electric Utility
The Quebec pension fund’s indirect equity investment in AES Ohio is expected to close in the first half of 2025.
Risk
Signals of a Coming Recession Are Absent, Ned Davis Says
Forget about retreating to defensive stocks for now, per the firm’s analysts, as the risk of a downturn in the ‘next several months is low.’
Pensions
China to Raise Retirement Age, Starting in 2025
The new limits are aimed at stretching retirement resources to support the increasingly aged population.