Asset Allocation
Aware Super Invests $1B in Australia’s ‘Largest’ Intermodal Terminal
The north Melbourne project is designed to create transportation infrastructure to improve supply chains in the country.
News
Asset Allocation
Institutional Investors Show Signs of Caution After Risk-Seeking 2024
Amid market uncertainty, institutional investors have been looking for cover this year, per an IFSWF report.
Asset Allocation
Asset Owners Increasingly Holding Cash as Liquidity Becomes More Important
Institutional investors are also increasingly investing in the private markets and embracing technology solutions, according to Northern Trust’s inaugural global asset owner peer study.
Pensions
Annual Canadian Employee Benefits Conference Relocates from San Diego to Canada
The event, hosted by the International Foundation of Employee Benefit Plans, is moved amidst tensions between the US and Canada.
Corporate Moves
University of Utah Selects Cynosure as OCIO for $1.8B Endowment
The Salt Lake City-based fiduciary manager was selected from 50 potential service providers.
Asset Allocation
48 Hours of Market Turmoil Lop Nearly 6 Points off Canadian DB Funded Ratios
In the two days after the U.S. announced new tariffs, the plans lost almost their entire C$18.4 billion surplus.
Pensions
Corporate Pension Funding Ratios Continued to Decline in March
Equity markets extended their fall, outpacing the decline in the value of plan liabilities.
Pensions
IMCO Returned 9.9% in 2024
The Ontario investor’s assets grew to $62 billion at the end of the year.
Asset Allocation
Endowments Face Liquidity Crunch Amid Market Pullback, Funding Cuts
Universities with large allocations to private markets are borrowing in the bond market to address funding issues, as private equity capital calls can compete with research funding for liquidity.
Pensions
Largest Public Pension Funds Lost $169B During Tariff Rollout
State and local pension funds lost the amount from April 3 through April 8 and have lost $249 billion in equities this year, per Equable.
Newsmakers
Nomination Period Still Open for CIO Industry Innovation Awards
CIO is asking for your help in identifying asset owners driving innovation in institutional investing.
News
Janus Henderson to Manage $45B Fixed-Income Portfolio for Guardian Life
The partnership will see Guardian seed $400 million for new fixed-income products at Janus.
Newsmakers
Rebecca Carland Named CIO of Knight Foundation
The former Walton family office director will play a role in bringing the endowment’s investment management in house.
Regulation
Alabama Senator Reintroduces Bill Reversing DOL Retirement Plan Crypto Warning
Tuberville’s Financial Freedom Act would reverse the 2022 guidance against including cryptocurrency investments in 401(k) accounts.