Asset Allocation
How Timberland, Agriculture Can Fit Into Asset Owner Portfolios
Timber, farmland and other renewable resource investments provide steady returns, diversification and capital preservation.
News
Pension Risk Transfer Lawsuit Against General Electric Dismissed
The company was accused of violating its fiduciary duty by picking Athene for a $1.7 billion PRT in 2020.
Corporate Moves
ISS Launches Engagement Disclosure Solution for Institutional investors
The new solution aims to streamline regulatory reporting.
Opinion
Unlocking 401(k) Innovation: Litigation Risk Is Stifling Thoughtful Stewardship
How the recent executive order on private assets in defined contribution plans could pave the way for investment committee excellence.
Corporate Moves
Morningstar to Acquire Center for Research in Security Prices
The purchase from the University of Chicago of the provider of historical stock market data and indexes is valued at $375 million.
Corporate Moves
Janus Henderson Subsidiary to Sell Stake to Annuity, Life Insurance Firm
The deal will bring $600 million in capital commitments to the asset manager’s private credit affiliate, Victory Park Capital, from CNO Financial Group.
Newsmakers
BCG Penbridge Adds 2 Pension Risk Transfer Consultants
Tom Sablak and Sam Mossing join the firm's de-risking consulting practice.
Manager Selection
Pembroke Management Wins $181M Mandate From La Caisse
The Québec pension aims to increase its investments with managers in the province.
Research
SWFs Lag in Using AI for Compliance, per IFSWF Survey
Only 15% of sovereign wealth funds use artificial intelligence in their compliance operations, according to a report from the International Forum of Sovereign Wealth Funds.
Pensions
Florida State Pension Misses Fiscal 2025 Benchmark, Projects Full Funding in 17 Years
Equities led the fund’s 10.3% return, which fell short of its target by 60 basis points.
Research
Family Offices Brace for Trade Disputes
Many family offices have adjusted their portfolios toward defensive stocks amid geopolitical concerns.
Pensions
La Caisse Acquires Australian Renewable Energy Company
The Québecois pension purchased Edify, which provides battery storage systems, for $725 million.
Newsmakers
Blackstone Appoints BREIT, Core+ Chief to Succeed Slain Executive
Katie Keenan is the new CEO of Blackstone Real Estate Income Trust and the firm’s Core+ real estate business.
Opinion
The Demographic Ripple: From Cribs in Shanghai to Corn in Iowa
Population trends are not background noise and deserve the same attention as AI, climate, cyber, geopolitics and liquidity on the risk dashboard.
Newsmakers
Anwiti Bahuguna Named Global Co-CIO at Northern Trust Asset Management
Formerly the deputy CIO, Bahuguna will succeed recently promoted Michael Hunstad at the $1.3 trillion manager.