Asset Allocation
Public Equities Drag Orange County Pension Investments 7.8% Lower in 2022
The portfolio’s market value dropped by more than $2 billion last year to $20.2 billion.
Tag: Russia
Top Gun: Why Defense Stocks Will Continue Their Rise
War and international tension spell increased arms spending and, thus, higher military contractor share prices.
Research
Listed Infrastructure Expected to Deliver Regardless of Economic Slowdown
The asset class will still provide ‘highly attractive returns,’ even if economic growth slows, says First Sentier Investors.
Asset Allocation
Korean National Pension Fund Loses More Than 8% in 2022
Despite downturn, the $684.5 billion fund’s losses were offset by an increased allocation to alts.
Asset Allocation
Louisiana Divests Nearly $800 Million from BlackRock to Protect Fossil Fuel Industry
Treasurer John Schroder calls ESG investing a threat to democracy and individual liberty.
Asset Allocation
New York State Pension Loses $26 Billion in Asset Value in Q1
Common Retirement Fund reports 8.24% loss amid volatile markets, rising inflation and war.
Asset Allocation
CalSTRS Loses 1.3% in Fiscal Year 2022
Market slump causes $262 billion drop in U.S. public pensions’ funding levels in June.
Research
Get Ready for an L-Shaped Recession, Warns Credit Suisse
A deep recession and then little growth may be what’s needed to fight today’s high inflation, says strategist Pozsar.
Asset Allocation
Passive ETFs Turn Out to Be Pretty Active
They’re often used or even constructed to be anything but index-hugging funds, a study says.
The Future of Emerging Markets Amid a War and a Pandemic
Managers on the ground are more important than ever.
Risk
What Worries CIOs Most? Inflation and Valuations
CaseyQuirk’s Sentiment Survey shows allocators are hustling to beat higher prices with private investments.
Newsmakers
Canadian, UK DB Plans Improve Despite Market Volatility and Inflation
Rising bond yields more than offset investment losses to reduce pension liabilities.
3 Fund Chieftains Explain Why Oil Prices Will Keep Rising
To Britt Harris, Marcus Frampton, and Sean Bill, big forces are aligned to buoy energy costs for a while.
Risk
Food Inflation Is Bad, but Should Level Off Near-Term, Says Shepherdson
Agricultural price rises are nothing like oil’s, reasons the Pantheon Macro economist.
Asset Allocation
Gold Demand Increasing as Stagflation Risk Looms
Record-breaking inflation combined with current geopolitical tensions are driving the trend.