Asset Allocation
Nevada PERS Loses 5.1% in Fiscal Year 2022
Portfolio beats benchmark thanks to a private equity allocation exceeding the pension fund’s ‘allocation range tolerance.’
Tag: Real Estate
Asset Allocation
New York State Pension Invests Over $3 Billion in Alts in June
The $280 billion retirement fund allocates the majority of its $4 billion in total monthly investments to real estate funds.
Asset Allocation
MSCI Launches Global Real Estate Asset Index
The Global Quarterly Property Index tracks over 20,000 real estate investments in 26 countries.
Asset Allocation
There’s a Better Way to Run Investment Teams, CPPIB Says
Silos must be axed to enhance communication, argues strategist Rubin.
Asset Allocation
Amid the Gloom of Q1 2022, Alternatives Offer Some Optimism
Wilshire and BNY Mellon both report that plans with heavy exposure to alternatives were more resilient this quarter.
Newsmakers
New York Common Retirement Fund Invests Over $2.7 Billion in March
Pension giant commits nearly $1.2 billion in credit investments and $1 billion in private equity funds.
Asset Allocation
Low Volatility Stocks Usually Do Well—But There Are Traps
Thinking that these are safe bets, investors don’t realize they can carry other risks, warns Northern Trust Asset Management.
Asset Allocation
NY State Pension Commits Over $2 Billion for Private Equity, Real Estate
The Common Retirement Fund also earmarks investments in absolute return and credit.
Asset Allocation
New York State Pension Invests Over $2.6 Billion in Alts in December
The Common Retirement Fund allocates nearly half of the month’s commitments to real estate investments.
Asset Allocation
Does the Office Real Estate Market Have a Pulse? Look at Blackstone’s Big Buy
Its purchase of a stake in a swanky NYC tower shows there’s demand for the new stuff. But older buildings are struggling.
Newsmakers
PSERS Delays Turning Over Investigation Results
Board members were warned that the results of the report could be damaging to their reputations, according to the Philadelphia Inquirer.
Newsmakers
Real Estate PE Firm Founder Sentenced to 5 Years for Fraud
Eric Malley pleaded guilty to scamming over 300 investors out of approximately $58 million.
Newsmakers
Detroit Pension No Longer Suing Dan Gilbert
The fund had accused the businessman of insider trading.
Paul Colonna: The Perfect Fit for a Big Company CIO Job
Sporting good returns, Lockheed Martin’s investment chief prepped at State Street and General Electric.
Asset Allocation
CDPQ Invests in M3 Mortgage Group
The Canadian institutional investor has almost 10% of its portfolio invested in real estate.