Pensions
New York Maintains ‘Conservative Approach’ With 5.3% Third Quarter Return
The Common Retirement Fund has incrementally increased its exposure to fixed income such as cash, bonds, and mortgages.
Tag: Investment
Asset Allocation
Georgetown Is Latest University Pledging to Unload Fossil Fuels—Someday
The Jesuit school said it will get rid of energy stocks over 10 years.
How Smaller Endowments, Shut Out of Razzle-Dazzle Investments, Make Do
They usually aren’t wealthy enough to land high-powered private equity or hedge fund investments. So they turn elsewhere.
Asset Management Culture
M&A Will Rise in 2020, Just Not as Fast, Survey Says
Deloitte poll finds that 63% of dealmakers look for more activity this year, down from 2019’s expectations.
Asset Allocation
More Active Managers May Make a Comeback This Year: Mercer
Hedge funds and other active strategies still play a role in diversifying risk in client portfolios, says firm’s Hyman.
Risk
University Endowments Gain 5.3% in 2019
However, the average 10-year return beat long-term objectives for the first time in a decade.
Asset Allocation
Australia’s Future Fund Invests Directly in Cloud Computing After Best Returns Since 2015
The Australian mega fund acquires a 24.1% stake in data center operations.
Pensions
Head of Canada’s Largest Pension Warns Against Illiquid Assets
CPPIB CEO Mark Machin ‘rings the alarm bell’ about not being too invested in the asset class.
Asset Allocation
Investors Redeemed Nearly $100 Billion from Hedge Funds in 2019
It’s the second consecutive year of outflows in the industry as managers struggle to keep pace with the broader market.
Pensions
Worldwide Pension Fund Assets to Rise to $61 Trillion by 2025
Equity holdings fall by 22% in 20 years as pensions turn to alts in search of alpha.
Regulation
Senators Rebuke Federal Pension’s Criticisms of China Investment Ban
Sponsors of the bill says the pension board must either be ‘unaware’ or ‘purposefully misleading.’
Fiduciary Responsibility, Climate Change Bids Investors into Action
Risks to future investments cause new developments in ESG investment models.
Scary Diseases and Health Innovations Catching the Attention of Long-term Investors
The demand, the innovation, the genes and the robots.
Newsmakers
Plans for Raytheon and UTC Pensions, Investment Divisions Unclear After Merger
Massive new corporate combination has $94 billion in retirement assets.