Tag: Fixed-Income

Asset Allocation June 16, 2020

CalPERS Revises Fixed Income and Public Equity Investment Policies

The policies move away from return-oriented goals to being a source of liquidity and strong beta.

Asset Allocation May 29, 2020

Fixed Income Helps Master Trusts Weather Rough First Quarter

While plans with the highest fixed income allocation outperformed peers, few were unscathed.

Asset Allocation February 14, 2020

New York Invests $800 Million into Green Bonds, Private Credit

The state pension plan is incorporating sustainable investing across asset classes.

News February 11, 2020

Chinese Family Offices Return 11% in 2019

Private equity is the top performer, while fixed income is the largest allocation.

Regulation February 6, 2020

US Treasury Offers Schedule for 20-Year Bond Revival

Auctions will take place each year in February, May, August, and November.

Asset Management Culture January 23, 2020

Illinois SURS Seeks Fixed-Income Manager of Managers

Strategies include global investment grade, high yield, global bank loans, emerging market debt.

News November 25, 2019

CalPERS, Just Missing Target, Broadens Its Investment Strategies

The giant pension fund is switching from return-oriented goals to a sharper focus on liquidity and strong betas.

News September 16, 2019

Lower Interest Rates Will Shrink Pension Funding Status, Goldman Warns

A study projects that funding will drop to 86% in August, off from 91% four months before.

Corporate Moves July 16, 2019

CalPERS Makes Global Fixed Income Managing Director Official

Fund veteran Arnold B. Phillips had been serving as interim head since May 2018.

Asset Allocation February 15, 2019

Consultant’s ‘Less Optimistic’ View of Equities Leads Massachusetts to Consider Portfolio Re-Allocation

Board considers ‘incremental increases’ to private markets exposure to deliver long-term benefits.

Newsmakers October 12, 2018

Fresno County Pension Fund, Royal Bank of Canada Partner for Impact Investment Venture

Deal aims to aid California county’s fixed income investments and help local businesses with government lenders.

Newsmakers September 24, 2018

CalPERS Gets a D for Fixed Income Management, But B For Overall Program

Consultant Wilshire Associates also gives overall CalPERS leadership a C grade.

Research April 25, 2018

Report: Fixed Income ESG Can Improve Risk Management, Returns

Report touts benefits of incorporating ethical investing into fixed income.

Asset Allocation March 7, 2018

Connecticut Considers Gun Divestment

State treasurer says she may ‘divest or not make further investments in gun companies.’

Market Moves December 27, 2017

Prospect of Extended Credit Cycle to Leave Bond Markets Yield-Thirsty for Longer

Fixed income Investors need to be mindful of different market dynamics this time around.

Industry White Papers

Optimizing Pension Risk Transfer Timing and Execution Pension risk transfer transaction timing is always important — but now more than ever.

2020 Long-term Capital Market Assumptions Q3 Update

Investing in Real Estate, Look to New York—Here’s Why Capitalizing on near-term opportunities

2020 Long-term Capital Market Assumptions Q2 Update

Emerging Markets and Covid-19: Crisis or opportunity…or both? 2020 will be a challenging moment for Emerging Markets’ economies. But there will likely be a wide open Emerging Markets “door” that sees governments fall back on privatisation to bridge fiscal holes. In an environment of tight domestic monetary conditions and reduced cross border flows, the buyers of these assets have considerable advantage.

Meditations in an emergency Multi-Asset Strategist Adam Berger discusses the macro and market impact of the coronavirus and offers his "playbook" for the coming weeks and months, including thoughts on rebalancing and opportunistic investments.