Asset Allocation
Private Equity Has Been the Can’t-Miss Investment
The results are stunning, but some challenges confront the popular alt.
You want a helping of alpha along with beta-hugging index funds? We asked some shrewd allocators how they get it.
Private and public equity gains of 51.9% and 41.8% boosted the fund’s asset value to $308.6 billion.
Many institutions, wary of the asset class’s notorious volatility, keep their exposure low despite raw material price climbs.
CalPERS, CalSTRS, and NY Common helped push through outside directors at the oil leviathan, rather than unload its shares.
She will replace Jack Ehnes, the outgoing head of the pension system who postponed his retirement last year because of the pandemic.
That’s the argument from our symposium panelists, who say sustainability boosts stocks both now and into the future.