Survey Shows Pensions Take More Tactical Approach to LDI Hedging
The fund manager's latest quarterly survey has revealed a continued level of inflation hedging and a slight decrease in interest rate hedging.
Asset Allocation
Report Shows Pension Shareholder Activism on the Rise in 2011
A new study has shown that pension fund shareholder activism is set to rise over the next 12 months.
Britain's Universities Pension Boosts HFs, Seeks Infrastructure
The £30 billion universities pension fund aims to up its exposure to short-term computer-driven hedge funds that try to profit from volatility by betting on turbulent market moves.
HFs Revise Infrastructure, Staffing, and Pay to Attract 'Sticky Money'
A recent survey by Alpha Search Advisory Partners has revealed that while hedge funds are reworking policies to lure money from institutional investors, change to the pay structure of marketing executives at hedge funds has been slow.
Survey Shows Continued Shift Toward Emerging Markets and Alts
A study by Deutsche Bank has revealed an anticipated asset allocation shift as asset owners migrate away from US equities into other asset classes.
Commonfund Ceases Direct Real Estate Investing
Commonfund will discontinue direct real estate investments as it is aiming to restructure a losing $1 billion fund.
Reality Check: Trustees Unable to Devote Adequate Time to Investment Decisions, UK Survey Says
A survey by one of the country’s biggest pension advisory firms has revealed that time-pressured trustees are unable to spend sufficient time on investment decisions.
Report Shows Small University Endowments Outperform
Preliminary data from 80 colleges and universities gathered for the NACUBO-Commonfund Study of Endowments to be released in January shows that broad gains in the stock market last year helped college asset pools earn their first positive investment return in three years, with the smallest endowments performing better than the largest ones.
China SWF Pushes Obama to Invest in Infrastructure; Lou Jiwei Warns of Slowing Economic Growth
China's sovereign wealth fund -- the China Investment Corporation (CIC) -- has urged the US to invest in infrastructure to boost American competitiveness and create jobs; Lou Jiwei, chairman of the CIC, warns that China's economic growth may face a slowdown as its population ages.
CalSTRS Seeks Risk-Based Allocation Approach, Lower Return Forecast
The $132 billion pension fund’s governing board will discuss implementing a radical new asset allocation that will divvy up the scheme's assets based on their characteristics - like sensitivity to inflation, stable return, or growth - rather than equity or debt.
Greenwich Associates Report Says Many HFs Lag Behind High-Water Marks
A recent study by Greenwich Associates shows that almost half of managers said one or more of their hedge funds was below the asset peak it must return to before performance fees can be charged, as of the first quarter.
Northern Trust Universe Reveals Positive News for US Institutional Investors
As volatility in institutional plan performance has nearly doubled over the past two years, US pension plans, endowments and foundations in the Northern Trust universe have rebounded from the median 4.7% loss three months earlier.
Northern Trust Shows Strength of Emerging Investment Managers in US Equity Investing
A study by Northern Trust has shown that firms with less than $3.6 billion under management gained 0.67% per year in their active large cap US equity portfolios for the five-year period, a higher return than larger firms or the S&P 500 Index, which was down –0.80% per year over the same period.
BNY Mellon Survey: HFs and SWFs Exert Strong Appeal
According to a Bank of New York Mellon survey, companies around the world are looking to attract hedge fund and sovereign wealth fund investment.
Survey Shows 25 States Underpaid Pensions in 2009
With only 24 of 73 pensions with assets over $1 billion currently considered funded, it's clear that serious issues need to be tackled, the report by Loop Capital Markets notes.