Manager Selection
Manager Selection Seen Driving Return Dispersion
Endowments and foundations with similar asset allocations are experiencing a divergence in returns, according to OCIO Analytics.
Tag: investment performance
Alternatives
Paltry PE Returns Weigh Down La Caisse as 9.3% 2025 Return Misses Benchmark
The meager 2.3% return from the Quebec pension fund’s private equity portfolio fell well short of the benchmark’s 12.6%.
Alternatives
Harvard Adjusts Tech Portfolio, Loses 35% in 2 Months on Ethereum ETF Bet
The $57 billion endowment slashed its holdings in Amazon, Microsoft, Bitcoin and Nvidia, while raising its stakes in Alphabet and Taiwan Semiconductor.
Asset Allocation
University of Chicago Endowment Rises 10.2% to $10.9B
A private markets secondaries sale cost the fund 90 basis points, but strong digital asset performance helped it exceed last year’s return.
Asset Allocation
Review Finds Impact Investing, Fossil Fuel Divestment Do Not Harm Returns
The Rockefeller Brothers Fund beat its primary benchmark while growing climate focus and ESG integration, consultant TIIP found.
Opinion
Why Benchmark Choice May Be the Most Strategic Investment Decision
Two leaders from CEM Benchmarking offer insights on how benchmark selection strategy can shape investment performance outcomes.
Asset Allocation
AI Already Informs Indexing, Portfolio Management
Those waiting for artificial intelligence to arrive should wait no longer: Investors use it regularly in building data-informed portfolios.
Asset Allocation
Fixed-Income Benchmarks Become More Customized
Technology, data collection and better funded statuses have asset owners rethinking traditional benchmarks.
Alternatives
Measuring Hedge Fund Performance Has Its Limitations
Benchmarks are a key part of the discussion as investors look for ways to quantify the funds’ contributions of different exposures to generate returns.
Newsmakers
Investors Should Understand ‘How the System Works for You,’ per CFA Institute Head Franklin
In a wide-ranging conversation, Margaret Franklin shares ‘essential principles’ and her thoughts on private markets, artificial intelligence, responsible governance and more.
Opinion
Lessons on How to Manage Major Systemic Risks
Investors’ thoughts on how system-level investing, focusing on interconnections between stressed, complex systems, can impact portfolio performance and where it can help.
Research
CFA Institute Produces Plan to Gauge OCIO Performance
The framework, now out for comment, calls for extending GIPS to outsourced investment managers, with rules for things like fee disclosures and benchmarking.
Our Data, Ourselves
Allocators are facing new questions on valuations in light of recent market volatility. Some say the market stress could provide a new opportunity to improve fund governance.
Asset Allocation
Amid the Gloom of Q1 2022, Alternatives Offer Some Optimism
Wilshire and BNY Mellon both report that plans with heavy exposure to alternatives were more resilient this quarter.
Newsmakers
Rhode Island Pension Fund Hits Record but Misses Benchmark in 2021
Its investment portfolio value nears $10.8 billion after a 17.27% annualized return net of fees as the fund boosts its private equity allocation.