Blackstone’s BREIT Sells Storage Business for $2.2B as Withdrawals Abate
Private equity firm reports that redemptions for the REIT are down 29% from their peak in January.
Asset Allocation
Penn SERS Earmarks $100 Million for 2 Private Equity Funds
The pension fund also rehired NEPC as its real estate investment consultant.
Singapore’s Sovereign Wealth Fund Posts 6.9% 20-Year Return
GIC also reported 5- and 10-year annualized returns of 3.7% and 5.1%, respectively.
Canadian Pension Plans Look to Annuities, Fixed Income to Preserve Pension Surpluses
With funded ratios at their highest levels in years, pension risk transfers are among the ways firms are trying to de-risk their portfolios.
Global Pension Fund M&A Investment Drops Off Cliff in Q2
Sponsors invested in deals worth $740 million during the quarter, down from nearly $14 billion in Q1.
Public Pension Funds Continue to Boost Alts Allocations in Search of Higher Returns
The Equable Institute’s State of Pensions 2023 report claims that ‘pension funds are addicted to risk.’
Where ESG-Minded Investors Should Put Their Money
Despite a harsh political climate for the concept, a CIO webinar of experts offers some smart insights.
CalPERS Reports Preliminary 5.8% Return for Fiscal 2023
Public equities and private debt were the top performers for the fund’s $462.8 billion portfolio.
Fixed Income Makes a Comeback in Sovereign Wealth Fund Portfolios
But the institutional investors revamped their approach to the asset class after it failed to protect them when equities tanked in 2022.
UK Pension Reforms Aim to Boost Pensions, Local Business
The Mansion House reforms also seek to create superfunds to consolidate the ‘fragmented’ defined benefit market.
Fidelity, Brookfield Partner to Offer Private Canadian Real Estate Exposure
The alts manager will invest in a new portfolio of real estate assets in Canada.
Singapore’s Temasek Reports 5% Loss After ‘Most Challenging Year for Markets’
Volatile markets wipe out nearly all of the previous year’s S$22 billion gain.
That Nasdaq 100 Rebalancing Likely Won’t Change Much
The Magnificent Seven tech giants will continue to dominate the index, critics say.
Norway’s Pension Fund Global Excludes Chinese Firm for Environmental Damage Risk
The $1.4 trillion pension giant also placed U.K.-based Petrofac on observation over allegations of corruption and bribery.
Japan’s GPIF Ends Losing Streak With 5.4% Return in Fiscal Q4
The pension giant raked in $72 billion during the quarter thanks to its public equities portfolios.