Promise of Private Debt Burns Bright—With a Big If
How the burgeoning asset class plans to navigate the risky pandemic economy.
Tag: returns
Asset Allocation
Op-Ed: Rethinking Your Inflation-Protection Strategy (Again)
After this year’s swings, longtime investor Tony Waskiewicz takes another look at the benefits of shifting away from traditional techniques to customized strategies.
Op-Ed: Using the Risk-Free Rate as a Basis to Examine Hedge Fund Costs
Longtime investor Tony Waskiewicz explores why hedge fund investors have experienced much lower absolute returns since the Great Recession.
Pensions
CDPQ Reports Solid Year of Progress Despite Missing Return Target
Fund misses benchmark by 1.6%, but reports substantial progress in international markets, liquidity, and stewardship.
Asset Allocation
Canadian Defined Benefit Plans Return 13.6% in 2019
End-of-year equities rally boosts returns for pension plan portfolios.
Pensions
New Jersey State Pension Returns 16.35% in 2019
US equities lead strong annual showing as real estate outperforms.
US Pensions Report Weak Q3 Returns
Plans returned 1% for quarter, 4.58% for year, says Wilshire Trust Universe Comparison Service.
Research
Canadian Pension Funds Return 1.5% in Q3
Despite strong year-to-date returns, falling rates have increased liabilities.
Manager Selection
Harvard Restructuring Shows Signs of Progress
Despite disappointing returns, CIO Narvekar says there is ‘some good news.’
Asset Allocation
Notre Dame, University of Chicago Endowments Return 7.2%, 6.9%
Portfolios grow to $13.8 billion and $8.5 billion respectively.
Risk
Princeton, Columbia Endowments Return 6.2%, 3.8%
Investment portfolios for both return less than half as much as last year.
Asset Allocation
Cornell, Penn State Endowments Return 5.3%, 7.7% for Fiscal 2019
Cornell endowment hits record $7.3 billion, Penn State tops $3.1 billion.
Newsmakers
Harvard, Penn Endowments Return 6.5% Each, Duke Returns 6.9%
Endowments facing ‘economic headwinds’ in 2019.
Asset Allocation
North Carolina Endowment Grows to $1.4 Billion
Monetary policy and trade among the organization’s top market concerns.
Exclusive: Exit Interview as Paul Ballard Says Goodbye to Texas Treasury Safekeeping Trust
His innovative approach to risk management leaves its mark: on his last day at the office before retiring, Ballard reflects on lessons learned at the $80 billion plan since 2003.