Asset Allocation
New York State Pension Returns 6.1% in Q1; Cuts Tech Stocks Ahead of Slump
The $310 billion pension giant sharply reduced its holdings in major tech stocks before the market soured on them.
News
Pensions
Oregon Investment Council Adopts New Asset Allocation Policy
The fund will reduce its holdings in private equity while focusing on public market investments.
Regulation
SEC, CFTC Delay Hedge Fund Reporting Updates to 2027
The deadline to comply with proposed amendments to Form PF comes as the commission considers changing or ending the required reporting.
Newsmakers
Northern Trust Asset Management Names Global Institutional Client Group Head
Amy Johnston will lead the firm’s engagement with asset owners.
Regulation
Court Recommends Dismissing Suit Challenging AT&T Pension Risk Transfer
A Massachusetts federal magistrate says that the suit lacks evidence against AT&T as being responsible for selecting the annuity pension provider.
Asset Allocation
Energy Transmission Emerges as Bottleneck for Digital Infrastructure
As electricity demand surges, driven by artificial intelligence, investors are increasingly targeting the transmission networks needed to provide power.
Asset Allocation
How Investors Approach the Utilities Sector in the Age of AI
AI demand has widened opportunities in the sector.
Asset Allocation
Family Offices Are Hungry for Direct Investments, Private Equity, per Report
But they have little appetite for private credit and hedge funds.
Newsmakers
The Boston Foundation Taps Natalie Herter as CIO
She will succeed George Wilson, who is retiring from the role after more than 18 years.
Asset Allocation
Data Center-Related Investments Available Across Most Asset Classes
Portfolio analysis is critical to help avoid overexposure to the same forces in different parts of an investors’ holdings.
Corporate Moves
Aon Buys USI from KKR in $17B All-Cash Transaction
The sale price is more than triple KKR’s total equity investment in the insurance broker.
Market Moves
SpaceX Exposure Drives University of Colorado’s 20.34% Fiscal Year Return
The $3.5 billion endowment’s 2009 investment has returned 5,590% through June 30.
Alternatives
Family Office Investors Attracted by Flexibility, Tax Advantages of Direct and Co-Investments
Interest in alternative investments remains strong, but family offices are taking a more disciplined approach to the asset class.
Research
Key Metrics About Family Offices and Their Strategies
Data from J.P. Morgan Private Bank offer a glimpse into the people in and investment priorities of family offices around the world.
Newsmakers
Australia’s Future Fund CEO Stepping Down
Raphael Arndt is leaving the country’s sovereign wealth fund after close to two decades, including six years in which he led the organization.