Research
Paper From Japan’s GPIF Proposes New Way to Compare Alts With Traditional Assets
The authors claim their Spread Based Direct Alpha method is more accurate than current measurements.
Tag: Infrastructure
Risk
Why Value Stocks, Lagging This Year, Should Overtake Growth Stocks
Franklin Templeton says high rates and infrastructure needs will favor lower-cost shares.
Asset Allocation
Saudi Sovereign Wealth Fund Beefs Up With Chunk of Aramco Stock
Receiving 6% of the oil behemoth’s equity, the fund has a long-term goal of diversifying the economy away from oil.
Asset Allocation
Building Out the Grid: Investing in Generation, Transmission
Investment opportunities in electric power are rising in popularity, but that does not mean they are simple paths to success.
Is Emerging Market Infrastructure Investing Still Appealing?
The need is still there, but investors must evaluate a wide variety of factors, including geopolitical ones, in selecting the right fit.
Why Infrastructure Investments Are the New Bonds
Investments in physical assets did better and promise more than fixed income.
Research
OCIO Industry Set for Strong Growth, Alts Expansion
One out of four asset owners expect to use an outsourced chief investment officer in the next two years, says report.
Manager Selection
Nuveen Hires Head of Energy Infrastructure Credit
New role for Don Dimitrievich includes financing reduced carbon-emission capabilities.
News
Ontario Teachers’ Pension Plan Invests in Scottish Hydroelectric Transmission System
The pension fund will pay $2.4 billion for 25% of SSEN Transmission, continuing the plan’s allocation to infrastructure, which has increased 60% since 2017.
Research
Asset Owners and Consultants Say They Gotta Change Strategies, Pronto
Inflation and climate change spook them, so they’re scrambling to find smarter ways to adjust, a Nuveen survey finds
Newsmakers
BlackRock Signs Infrastructure Deal With Saudi Sovereign Wealth Fund
World’s largest asset manager and $620 billion fund will target Middle East projects.
Asset Allocation
Falling Markets Send Endowment Index 7.5% Lower in Q3
Oil assets, MPLs were the top performers, while Chinese equities and real estate burdened the hypothetical portfolio.
Asset Allocation
Pennsylvania SERS Approves $225 Million in Private Market Investments
The new mandates include allocations to private equity, infrastructure and a co-investment.
Asset Allocation
Japan’s GPIF Joins ESG Benchmark
Pension giant hopes to encourage the disclosure of ESG data.
Despite Headwinds, Institutions See Opportunities
Private market returns have come down off the highs, but institutional investors are keeping the faith.