The investment funds offer advantages and challenges in both active and passive strategies, analysts say.
About 1 year after the Securities and Exchange Commission authorized the controversial option, SpaceX is the only IPO to include one.
Despite the robust returns, the world’s largest pension fund fell short of its benchmark’s performance.
Nonprofits should begin engaging with the next generation of donors early, sources say, and should broaden the vehicles they use to accept donations.
In partnering with State Street on exchange-traded funds, the Texas Permanent School Fund and the University of California Board of Regents demonstrate novel uses for the vehicles.
The $22 billion pension fund is looking to boost its real estate assets closer to its target allocation.
