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.
Tag: NEPC
Asset Allocation
Broken China? Maybe Things Aren’t So Bad
Despite crackdowns on businesses and too much debt, the nation should resume its ascent, says NEPC.
Index-Besotted Institutions Miss Out on Good Deal: Stock Pickers
Sure, passive beats active hollow overall, but ferreting out the market beaters is worth it. Some pension funds heartily agree, some really don’t.
Asset Allocation
Endowments Should Hold on to Value Assets, NEPC Says
Growth assets and strong manager selection have helped endowments outperform this year.
Asset Management Culture
University Endowments Urged to Hold on to Private Commitments
For allocators, keeping a long-term investment horizon in the face of immediate challenges is key, NEPC says.
Asset Management Culture
Former FEG Chief Executive Scott Harsh Takes Consulting Job at NEPC
He’s coming out of retirement to help the firm expand its presence in the Southeast and Midwest.
Market Moves
Plan Sponsors See Recession in Three Years, Lower Targets
NEPC survey finds LDI investors have better-funded plans.
Endowments and Foundations Sticking It Out with China
Despite volatility, long-term institutional investors see no reason to change strategy, NEPC study says.
Oft-Touted Risk Premia Strategies Show Their Weak Side
Meant as hedge fund replacements, they haven’t kept up with the market, though they’ve improved this year.
Asset Allocation
San Antonio Fire and Police Wants More Private Investments
New consultant NEPC suggests targets will be achieved by keeping a steady pace in commitments.
Research
Endowments Increasingly Dour About Economy
Survey finds number of foundations fearing slowdown has tripled.
Asset Allocation
Consultant’s ‘Less Optimistic’ View of Equities Leads Massachusetts to Consider Portfolio Re-Allocation
Board considers ‘incremental increases’ to private markets exposure to deliver long-term benefits.
Asset Allocation
Lagged Manager Activity Impacts New Hampshire’s Private Pacing Plan
Consultant recommends the pension complete between $300 million to $400 million of new commitments per vintage year for the next several years.
Newsmakers
Texas ERS Terminates Decade-Old Relationship with Investment Consultant
ERS also brings a new infrastructure private equity consultant on board.
Endowments and Foundations Eye Positive Economy, Emerging Markets
NEPC survey finds geopolitical tension among biggest concerns.