Pensions
CalSTRS Returns 13.9% in Fiscal 2025-26
Assets of the California State Teachers’ Retirement System increased to $415.4 billion at the end of June.
News
Pensions
MassPRIM Sees 12.7% Return in Fiscal 2026
Assets managed by the Massachusetts Pension Reserve Investment Management rose to $129.5 billion, as a few companies drove equity outperformance in concentrated markets.
Corporate Moves
Apollo to Open ‘Innovation’ Hub in Austin, Texas
The planned hub will be led by Apollo Capital Solutions’ Eric Needleman and Athene Holding’s Mike Downing.
Asset Allocation
Asset Allocation Issues
Family offices are realigning their portfolios to avoid geopolitical, home region, concentration and currency risks.
Technology
For Family Offices, AI Is Both an Investment Theme and an Operational Test
Adoption of artificial intelligence tools and investments are rising across family offices.
Asset Allocation
Family Offices Growing in Number, Size
Expansion can warrant professionalization and put offices in competition for personnel with asset managers and institutions.
Asset Allocation
As OCIO Assets Grow, GIPS Standards Aim to Bring Consistency to Performance Reporting
Institutional clients increasingly seek to partner with outsourced providers who are GIPS compliant.
Opinion
Risk Is a Cake: CIOs Need to Know Which Layer Matters Most
To the consternation and delight of risk teams everywhere, there is no one-size-fits-all measure, writes a senior strategist from Capital Group.
Alternatives
Private Capital CFOs Face Growing Demand for Transparency
Fund financing, reporting and risk management are investors’ top concerns, according to a CSC survey.
Asset Allocation
UK Pension Giants Aim to Launch £1B Fund to Invest in British Tech Sector
Some of Britain’s largest pension providers will use the scale-up fund to boost domestic technology and science companies.
Newsmakers
Franklin Templeton Hires Wen Nannen to Lead US Insurance General Account Solutions
Nannen will help develop investment products for insurance clients.
Corporate Moves
Bloomberg to Buy Canoe Intelligence in Private Markets Data Push
With the acquisition, Bloomberg aims to broaden the alternative investment data available through its terminals, as well as to support a total portfolio view.
Opinion
Beyond Default Risk: What an Insurance Mindset Can Teach Institutional Investors About Private Credit
A head of insurance client solutions stresses why long-term investors need to distinguish between measurable risks and the broader uncertainty inherent in investing.
Market Moves
Foundation Launches in Memory of Slain Blackstone Executive
The Wesley Mittman LePatner Foundation will aim to develop philanthropic leaders.
Manager Selection
North Carolina Retirement System Re-Ups With Barings
The state’s investment authority will add up to $2.1 billion to the funds being managed in its partnership with the alternative investment manager.