Alternatives
What the Push for Alts in Retail Channels Means for Institutional Investors
Limited partners have questions about their managers’ quest for new sources of capital.
Tag: Alternative Assets
Regulation
2nd Circuit Dismisses Pension Complaint Over Teamsters’ Private Equity Allocations
The court affirmed a New York district court’s ruling that the pension plan’s investment strategy did not constitute a fiduciary breach.
Alternatives
Morningstar, Pitchbook Launch Evergreen Private Market Indexes
The offerings are designed to benchmark the performance of nontraded, semi-liquid investments.
Alternatives
How Australia’s Superannuation Funds Value Unlisted Assets Amid Regulatory Calls to Change
Technological advances may enable a push to standardize valuations.
Asset Allocation
Fixed Income Makes a Comeback in Sovereign Wealth Fund Portfolios
But the institutional investors revamped their approach to the asset class after it failed to protect them when equities tanked in 2022.
Research
Paper From Japan’s GPIF Proposes New Way to Compare Alts With Traditional Assets
The authors claim their Spread Based Direct Alpha method is more accurate than current measurements.
Asset Allocation
New York Common Earmarked More Than $1.1 Billion to Alts in December
The pension fund also terminated a nearly $500 million account with Rockefeller Asset Management.
Newsmakers
CalPERS Commits $1 Billion to Boost Diversity Among Alts Managers
The pension giant is investing $500 million in both TPG’s Next Fund and GCM Grosvenor’s ‘Elevate’ strategy.
Newsmakers
Alternative Asset Managers Launch ESG Disclosure Tool
Template aims to improve transparency and consistency for companies and credit investors.
Asset Allocation
Congress Eyes Boosting Alts for 401(k)s
Backed by members of both parties, the measure aims to allow greater range of investments in defined contribution plans.
Pensions
Japan’s GPIF Wants to Minimize the Drawbacks of Investing in Alts
Research indicates replicating alternatives’ performance using ETFs could mitigate their shortcomings.
Market Moves
Why the Time May Be Ripe for a Return to Active Management
Investors will need help hitting even reduced target returns in the coming years, says Goldman Sachs report.
How Distressed Investors Are Getting Ready for Business Failures
Washington stimulus has delayed the bankruptcy parade. But it’s coming fast.
Asset Allocation
Endowments Should Abandon Alts for Passive Investments, Report Says
Research shows that alternatives have become ‘serious drag’ on institutional fund performance.
Alternatives
Alternative Investors Target Health Care, Logistics, Shun Real Estate
Managers see short-term disruption from pandemic but are optimistic about the long term.