Japan GPIF Changes ESG Domestic Equities Index Due to ‘Large Tracking Error’
The $1.7 trillion pension giant has moved $20 billion to the MSCI Nihonkabu ESG Select Leaders Index.
Asset Allocation
Cornell Endowment Returns 8.7% for Fiscal 2024
Assets managed by the university’s Office of University Investments rose to $10.7 billion.
Active Bond Funds Outpaced Passive Peers Over Past Year, per Morningstar
Actively managed real estate funds were also among the top outperformers for the 12 months that ended June 30.
University of Pennsylvania Endowment Returns 7.1%
Assets of the fund increased to $22.3 billion as of June 30.
UK Infrastructure Bank to Become National Wealth Fund in Domestic Infrastructure Push
The plan to create a £27.8 billion sovereign fund moves forward.
MIT Announces Endowment Performance, Returns 8.9% in Fiscal 2024
Assets managed by MITIMCo rose to $24.6 billion.
Stanford Investment Vehicle Returns 8.4%
In fiscal 2024, assets of the Stanford merged pool, about 75% of which come from the university’s endowment, rose to $42.8 billion.
Australia’s QIC Makes History With Shopping Mall Sale
The deal marks the first Australian investment by U.S.-based real estate manager Hines.
Duke Endowment Returns 8.0% in Fiscal 2024
Assets of the DUMAC rose to $11.9 billion at the end of June.
Brown University Endowment Returns 11.3% in Fiscal 2024
Assets of the endowment grew to its record high of $7.2 billion at the end of June.
Surging Equities Fuel Japanese Pension Giant’s 23% Return in Fiscal 2023
GPIF’s domestic and foreign equity investments earned more than 40% each for the fiscal year that ended March 31.
Apollo Aims to Double AUM by 2029
During the firm’s investor day, CEO Mark Rowan laid out plans to achieve $1.5 trillion in managed assets, which include leaning into demand for private credit and retirement products.
UConn Endowment Returns 12.1% in Fiscal 2024, Plans Major Fundraising
Assets of the university's endowment rose to $634 million, and the organization has set its sights on reaching $1.5 billion in the next 10 years.
UN Pension Fund Earns 13.7% Over 12 Months
The United Nations’ Joint Staff Pension Fund’s total asset value increased to $97.3 billion but did not meet its benchmark’s return.
Columbia Endowment Achieves 11.5% Return in Fiscal 2024
In the latest rebound for an Ivy League pension, assets of Columbia’s endowment rose to $14.8 billion.