
Asset Allocation
Allocator Group Calls for Cash Hurdles in Hedge Fund Fees
A letter signed by 29 institutional investors calls for hedge funds to outperform cash before charging incentive fees.
Coming from New Mexico’s PERA, where she was deputy, the new chief replaces Elizabeth Burton.
The state retirement fund is injecting $55 million to pay down liabilities, while also changing COLAs and increasing contributions.
Plan aims to eliminate the state retirement system’s $6.6 billion unfunded liability.
Dominic Garcia to talk about David Villa’s mentoring, innovations, and more.
Plan seeks to change up multi-risk allocations, boost beta exposure.
Pension fund officials already received ‘huge raises’ in 2018, says Director Armijo.
At Pension Bridge, Dick Ingram, Dominic Garcia, and Glen Grell reveal how their programs ended up underfunded.