For the world’s largest asset owners
June 3, 2024
Allocator Group Calls for Cash Hurdles in Hedge Fund Fees
A letter signed by 29 institutional investors calls for hedge funds to outperform cash before charging management fees. 
Institutional Investors Reaffirm Support for Climate Action 100+ Following Departures

Despite the exit of some major firms, asset managers representing $4.6 trillion say they remain committed to the initiative.

POPULAR STORIES
Weyerhaeuser, State Street Sued in PRT Lawsuit
Voting Support for NYC Pension Proxy Proposals Continues to Wane
Indiana Fund Narrows Finalists to Replace BlackRock
US Pension Plans Set to Increase Contributions in 2025
British Airways Pension Fund to Enter $425.6M Longevity Swap with MetLife, Zurich
Structured Alpha Manager Settlement Offers Due Diligence Lessons
Ackman Firm’s Projected Market Cap Is $10 Billion

His Pershing Square plans a 2025 IPO, and recently sold a 10% stake worth $1 billion.

Pennsylvania PSERS Returns 8.62% in 2023
The fund also made over $760 million in commitments to managers.  
TRENDING: Mass PRIM Allocates More Than $2B to Credit Managers in New Commitments
The pensions board approved $3.5 billion in total commitments, and saw its assets grow to $104.2 billion. 
TRENDING: Dimon Sounds Alarm on Private Credit—Sounds Like Junk Bonds, Circa 1990

JPM chief points out that these loans have not yet faced a real economic downturn, which high-yield did.

Editorial: CIOeditors@issmediasolutions.com
rss icon linkedin-in icon
Unsubscribe | Manage Subscriptions | Contact Us
Copyright ©2024 Asset International, Inc. All rights reserved.
No reproduction without prior authorization.
Modern Slavery Statement 2022 | Do Not Sell My Personal Information | Privacy (including cookies), Social Media & Legal
702 King Farm Boulevard, Suite 300, Rockville, MD 20850