Asset Allocation
UN Pension Fund Earns 13.7% Over 12 Months
The United Nations’ Joint Staff Pension Fund’s total asset value increased to $97.3 billion but did not meet its benchmark’s return.
News
Asset Allocation
Columbia Endowment Achieves 11.5% Return in Fiscal 2024
In the latest rebound for an Ivy League pension, assets of Columbia’s endowment rose to $14.8 billion.
Alternatives
Cerulli: Institutional Investors Shifting Away from Active Strategies ‘in Favor of Illiquid Private Markets’ Assets
Asset allocators and other investors are shifting their risk budgets away from active strategies, according to a report.
Asset Allocation
China’s Sovereign Wealth Fund Tilts Foreign Investments Toward Alts
The China Investment Corp., which has nearly half of its foreign holdings in alternative assets, aims to capitalize on the ‘global green transformation.’
Opinion
It’s Time for Endowments to Lead the Finance Industry in Transparent Impact Investing
The co-founder of the Intentional Endowments Network introduces a new assessment, rating and benchmarking framework.
Asset Allocation
Cybersecurity M&A Balloons as Breach Danger Builds
Stealing data to sell, extract ransom or just for mischief is exacting a bigger toll.
Asset Allocation
CalSTRS Flexes Co-Investing Muscles
The $346.5 billion California teachers’ pension fund addressed leverage in its private equity policy with an eye toward expanding its co-investments and collaborative strategies portfolio.
Risk
Keeping Endowments Safe From Hackers
Cyberattacks on universities have soared, so university endowments are trying to catch up with other industries to ensure their portfolios are safe.
Asset Allocation
Sovereign Sophistication is Increasing
Macro forces and long-term investment horizons are pushing sovereign wealth funds to move portfolios into private markets and adopt new structures.
Alternatives
Dartmouth Endowment Returns 8.4% in Fiscal 2024
The fund rebounds from its 1.6% return in fiscal 2023.
Alternatives
Family Office, KKR Buy Up Regional Australian Airports
The acquisition of the four properties of Queensland Airports from Australian funds is expected to close this year.
Pensions
Iowa Public Employees’ Retirement System Returns 9.07% in Fiscal 2024
The fund’s assets grew to $43.61 billion by the end of June.
Regulation
Investor Groups Petition SEC to Cut 13F Reporting Timeline to 5 Days
Information is out of date under the current 45-day timeline, per the NYSE and two investment professional groups.
Newsmakers
STRS Ohio CIO, Acting Executive Director Resign
Controversy continued at the $92 billion Ohio teachers' pension.
Pensions
Korean Sovereign Wealth Fund Appoints Park Il Young as CEO
The executive moves from the World Bank Group for a three-year appointment.