CalPERS’ Private Equity Allocation Remains Nearly $7B Under Target in Q3
The New York State Common Retirement Fund recorded the largest overallocation among global pension funds at $11.7 billion.
Asset Allocation
San Diego County Pension Returns 9.6% in Fiscal 2023
SDCERA edges its benchmark by 20 basis points while raising its asset value to nearly $15.9 billion.
Academic Endowments Post Sluggish Returns for Fiscal 2023
Yale, Stanford, Bowdoin and Duke's funds trail previous showings amid a rough year.
MPI: Venture Capital, Technology Investments Will Define 2023 University Endowment Returns
As data are released about endowment returns in fiscal 2023, funds in the Ivy League and at Stanford are expected to have underperformed the markets, according to Markov Processes International.
Investors Should Favor Japanese Stocks After Turnaround, Strategists Say
Their case: The once-sclerotic economy now offers good investment value and a new, shareholder-friendly spirit.
MIT Endowment Return Dips 2.9% in Fiscal 2023
Although the endowment posted negative returns for a second year in a row, the funded status of its defined benefit pension plan improved.
Equity Gains Buoy Ohio School Employees’ 7.4% Return in Fiscal 2023
The School Employees Retirement System of Ohio topped its benchmark and raised its asset value to $17.8 billion.
Congress Looks to Cut Deficits Amid High Interest Rates
High U.S. debt-to-GDP ratio and political uncertainty are among factors driving 10-year Treasury yields to 16-year highs.
For Energy Transition Investing, Allocators Eye Private Assets
They provide diversification, and use of them will grow, a Schroders survey finds.
PE Buyouts ‘Meaningfully’ Outperform Public Equities, Norges Bank Finds
The pension giant also found that venture capital and growth equity have underperformed public equities.
Markets Trend Positively for Investors, but Uncertainty Remains
New data and economic forecasts predict a soft landing, but investors may need help navigating higher inflation and hard-to-predict costs.
Global Equities Rebound Propels NZ Super to 11.87% Return
The pension fund’s asset value increased by NZ$9.7 billion to NZ$65.4 billion during the fiscal year that ended June 30.
New York State Pension Cashes Out of $2.1B Public Equity Fund
The $254.1 billion pension giant also committed nearly $1 billion in July to a pair of investments within its credit portfolio.
Los Angeles County Pension Fund Returns 6.4% in Fiscal Year 2023
LACERA outperformed its benchmark by 140 basis points to raise its portfolio’s asset value to $73.6 billion.
Equities, Fixed Income Fuel 9.1% Return for Korean Pension Fund in 1st Half of 2023
The strong performance raised the National Pension Service’s asset value to approximately $740 billion.