Asset Allocation

Notable among the pension giant’s outlays was a $1 billion investment in a fund managed by Khosla Ventures.

The industry also is expanding its exposure to stocks and alts, amid rising rates.

Lack of exits, as IPOs are infrequent, has VC managers selling part of their stakes to others, but at a discount.

The pension giant’s portfolio rose to $452.6 billion, but missed its benchmark by more than 100 basis points.

Pension giant is seeking a better way to implement its China equity exposure.

Greg Williamson will oversee the WEDC’s new Wisconsin Investment Fund.

Investors are sensing a regime shift in the market, but capturing it will take careful planning.

Companies that achieved tech advantages (such as Microsoft) and pricing power (John Deere) will triumph, says JPM’s Jared Gross.

Foreign investment is surging into American industrial construction, according to the strategist.

The British Columbia Investment Management Corp. will also own a minority stake in the combined entity.

Traders in the beaten-down commodity, an economic bellwether, are taking long positions in its futures.

The firm advises lowering exposure to stocks in preparation for a recession finally rolling in.

The $10 billion fund is the latest allocator to invest in this alt, to make up 5% of its portfolio.