Still-high inflation and an expected recession call for slighting stocks and most other categories, the asset kingpin advises.
Private equity, hedge funds and high-yield bonds are promising investments for the future, Northern Trust Asset Management advises.
Lawsuit claims retail giant’s infrastructure investment was a ‘massive, self-imposed, undue drain’ on its finances.
Norway’s central bank also makes adjustments to the Government Pension Fund Global’s investment exclusion list.
Red hot equities help the world’s largest pension fund rake in $339 billion in investment gains.
After the March freak-out, when even selling a Treasury was tough, a shaky equilibrium prevails.
Investors’ plan allocations to US equities averages 47.3%, the highest level since 2007, says Wilshire.
The volatility of equity markets means CalSTRS staff wants to be less dependent on stock investments.
Funded status of Canadian plans surges well above 100% in Q3.
A decade ago, the largest US pension plan decided to abandon its home country bias favoring US stocks. Now, pension officials wonder if it was the right move as US stock performance has shined.
But gains are down from previous year’s 14.6%. Domestic stocks, private equity did the best.
Gains 0.88% after registering first loss in nearly three years during Q1.