
‘Bonds Are Back’: Allocators Eye Elevated Returns
Higher interest rates have turned fixed income from a ho-hum investment into the hot new thing. Just ask LACERA.
Higher interest rates have turned fixed income from a ho-hum investment into the hot new thing. Just ask LACERA.
Using methods other than market value should give superior performance amid slow economic growth and rapid inflation, respondents believe.
Toms, formerly the firm’s fixed income CIO, will oversee $330 billion in assets under management.
Private equity, hedge funds and high-yield bonds are promising investments for the future, Northern Trust Asset Management advises.
The pension fund committed nearly $500 million to real assets during the month.
Pension fund wants to halve its investment exposure to them by 2030.
The California county’s plan, already low on equities, reduces its stock allotment further due to the world’s troubles.
The pension fund increases its private equity investments while cashing out $500 million within its public equity portfolio.