Research
Hidden Risks Still Bedevil Allocators’ Returns, Updated Study Warns
Institutional investors’ attempts at diversification often are self-defeating, says NTAM in a new version of its 2020 jeremiad.
Tag: Asset Allocation
Asset Allocation
NYC Pension Launches Dashboard, Reveals 25% Alts Allocation
The city’s five pension funds have $61.5 billion invested in private equity, alternative credit, and private real estate combined.
Asset Allocation
BlackRock Touts Its Ideal Asset Mix to Hit Allocators’ Target Returns
The best chance of reaching a 7.5% gain is to go heavily into bonds, its study contends.
Risk
Here’s Where to Find Opportunities Amid Slow Growth, Says Report
Private equity, hedge funds and high-yield bonds are promising investments for the future, Northern Trust Asset Management advises.
Asset Allocation
IPERS Reallocates Portfolio and Portfolio Agenda
The reallocation sees the fund increasing its overall investment in private equity by 400 basis points.
Asset Allocation
Allocation Implementation in a Challenging Investment Environment
Donald Pierce discusses his allocation strategies as CIO of the San Bernardino County Employees’ Retirement Association.
Asset Allocation
2022 Not-for-Profit Investment Survey Finds Significant Presence in Private Markets
The trend coincides with an increased awareness of and emphasis on environmental, social and governance issues.
Newsmakers
Robert Wood Johnson Foundation Seeks New CIO
The $12.7 billion foundation is looking to replace Brian O’Neil, who is retiring at the end of the year.
Manager Selection
Allocators Plan to Boost Consultant Use, Cerulli Says
More than a third of asset allocators will up their usage or hire consulting firms for the first time, a survey finds.
Asset Allocation
New Mexico Teachers’ Fund Scores Small Gain for Fiscal Year
In a tough time for investments, the fund logs a 1% portfolio increase.
Newsmakers
Mercer Names Gene Lohmeyer US Not-for-Profit CIO
Investment officer joins the consulting and investment firm from the University of Oklahoma Foundation.
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.
Risk
There’s a Better Way to Harness Risk Parity Strategies, Says NISA
Leverage can distort managers’ results, making them look better than they are, its study charges.
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
Ohio Teachers’ Pension Increases Alts and Fixed Income Targets, Decreases Public Equities
The pension was also able to implement a cost-of-living adjustment thanks to high returns this past year.