US Public Pension Funds Break Cardinal Rule of Investing
Research shows that institutional investors rely on past performance to gauge future returns.
Research shows that institutional investors rely on past performance to gauge future returns.
Consultant says announcement from The Alaska Permanent Fund, UK Railways Pension Scheme, and The Wafra Group expected within next several days.
Deals on par with 2016, totaling $347 billion, Preqin researchers say, with most action in North America.
But 10-year average annual dips to 4.6%.
Ministry of Finance to present decision-making assessment this spring.
Board members float four possible paths to change portfolio structure; employers worried about higher pension payments.
Deal is OMERS Private Equity’s first France-based investment.
Funds go toward private equity, real estate, and distressed debt investments.
CEO/CIO Harris to renegotiate fees with endowment’s managers.
Buyout funds return strong over the long term.
Private equity, private debt are most well-received asset classes.
Discussions in preliminary stage, source says.
Recent months show improvement as industry recovers.
ACG New York survey shows most expect private-equity investments will outpace hedge-fund and venture-capital investments in 2H.
The trend may help introduce more transparency in these private markets since public plans are held accountable, firm says.