Newsmakers
NEPC Names Sarah Samuels CIO, Tim McCusker Future CEO
The promotions come as the consultancy celebrates its 40th anniversary.
Tag: NEPC
Asset Allocation
UCSD Foundation Repeats as Best-Performing University Endowment in Fiscal 2024
Smaller, equity-heavy funds outpaced larger endowments with higher private market allocations during a boom year for artificial intelligence and tech stocks, per NEPC.
Corporate Moves
Hightower to Take Majority Interest in Investment Consultant and OCIO Provider NEPC
The acquisition would create a parent company with $1.8 trillion in assets under administration.
Pensions
Eastman Kodak to Shift Pension Assets to NEPC
The company has shut down its internal investment office and made other plans based on the pension’s overfunded status.
Asset Allocation
Public Equities Drove University Endowment Returns in 2023
Alternative-heavy portfolios floundered last year, according to data tracked by NEPC.
Risk
Investors’ Interest Rate Expectations Unrealistic, per NEPC
After many years of low borrowing costs, too many people have the delusion that these will return, NEPC warns.
Asset Allocation
Words of Wisdom
The Class of 2023 Knowledge Brokers draw on their collective decades of experience and offer actionable advice for success (investment and otherwise) in tumultuous times.
Asset Allocation
Penn SERS Earmarks $100 Million for 2 Private Equity Funds
The pension fund also rehired NEPC as its real estate investment consultant.
Asset Allocation
Private Market Technology Investments Are Here to Stay
After an immensely challenging year for technology companies, professional investors discuss the reasons why private technology assets are still compelling investments.
Pensions
What Do Pension Funds Worry Over Most?
NEPC survey says they are leery of rising interest rates, the Fed’s ability to handle inflation and profit margins.
Pensions
U.S. Pension Funding Ratios Continue to Increase
Better equity performance and higher interest rates in October contribute to pensions nearing full funding.
Investment Consultants Reevaluate Priorities as Several Long-Tenured, Top Names Change Firms
COVID, growing shift to OCIO and other factors fueled ’Great Resignation.’
The Rise of 3rd Party Search Firms That Find Consultants
The process of bringing in the right investment advisers for asset allocators has reoriented how the consulting industry does business.
Asset Allocation
Higher Stocks Benefit US Corporate Plans in July
Despite lower discount rates, aggregate funding level for plans of S&P 1500 companies rose to 102%.
Newsmakers
Despite April’s Poor Equity Returns, Rising Discount Rates Improved Funded Status for Most Pensions
Last month had one of the highest single-month discount rate increases for many data collectors.