Asset Allocation
CalPERS’ New Asset Allocation Kicks In July 1
The $442 billion pension fund is shifting money out of public equity and into private equity and other alts.
Tag: alts
Artwork, Anybody? The Case for Investing in Offbeat Alts
Alternative alternatives, such as lawsuit funding and pro sports, redefine non-correlated assets.
Asset Allocation
TEXPERS Members’ Asset Shift Contradicts Conventional Wisdom
With rising rates and inflation, adding fixed income while reducing alts is the opposite of what most pensions are doing.
Asset Allocation
New York State Pension Invests Over $2.6 Billion in Alts in December
The Common Retirement Fund allocates nearly half of the month’s commitments to real estate investments.
Asset Allocation
JPM: De-Risking Plans Suffer if They Don’t Broaden Out to Alts
The old LDI method of sliding into bonds from stocks is past its prime, a study from the firm says.
Asset Allocation
Does the Office Real Estate Market Have a Pulse? Look at Blackstone’s Big Buy
Its purchase of a stake in a swanky NYC tower shows there’s demand for the new stuff. But older buildings are struggling.
Newsmakers
CAIA, SBAI Form Global Alts Partnership
Collaboration between the U.S., U.K. groups will focus on improving standards and professionalism in the alts industry.
Asset Allocation
NYC Comptroller Changes Tune on Pension Funds’ Alt Holdings
Brad Lander wants the city’s pension funds to be able to invest more in alternative assets. Last year he called some of them ‘risky and speculative.’
Asset Allocation
NY Pension Shifts Global Equity Assets to Alts
The New York State Common Retirement Fund has also committed $2 billion to a climate transition index.
Asset Allocation
Franklin Templeton Bolsters Alts Business With $1.75 Billion Lexington Buy
The acquisition is intended to increase the firm’s real estate, private credit, and hedge fund strategies.
Alternatives
Our Expert Panel Will Explore Investing in Alts on Tuesday
FedEx’s Jeff Lewis, Conning’s Richard Sega, and CAIA’s John Bowman will cover the popular asset class in next week’s CIO webinar.
Pensions
Japan’s GPIF Wants to Minimize the Drawbacks of Investing in Alts
Research indicates replicating alternatives’ performance using ETFs could mitigate their shortcomings.
Asset Management Culture
David Swensen, Yale’s Iconic Endowment Chief, Dies at 67
He pioneered the push into alternative assets, now popular among institutional investors.
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.
Alternatives
Alts Grow Bigger and Bigger in Institutional Portfolios
Some 86% now invest in alternatives, says Nuveen survey.