The pension giant’s public equity portfolio returned 16.7% for the year, but the overall portfolio fell short of its 7% target.
Nearly half of the commitments were made to three private equity funds.
Morningstar says multi-family’s finances are even more precarious.
The pension fund accuses Aon of breach of contract, breach of fiduciary duty and negligence.
The San Francisco-based firm’s Transform platform manages more than $600 million in US equity ETFs.
The investment and grant fund will focus on projects to help communities ‘adversely impacted’ by the ‘appalling evil’ of human bondage.
The former head of Bloomberg’s alternative investment strategy joins the Merced County Employees’ Retirement Association.
The sovereign wealth fund promotes a long-tenured investment veteran who had been deputy CIO since 2021.
Investors looking for global diversification have had a tough time in recent years, but there are pockets of opportunity.
The world’s most populous nation is enjoying a stock market surge and appears poised for further investment.
Whether it's a personal or business merger, a lasting and beneficial relationship depends on planning for life after the ceremony.