Asset Allocation
Ireland to Establish Sovereign Wealth Fund
The Irish government will also launch a fund focusing on infrastructure, climate, and nature.
News Archive: Oct - 2023
Newsmakers
CEO of UK’s Pension Protection Fund to Depart by Year’s End
Oliver Morley will become CEO of the U.K.’s Money and Pensions Service.
Research
Liability-Driven Investing Survey Closing Friday
Please give us 15 minutes of your time today!
Asset Allocation
4 Ivy League Institutions Release Fiscal 2023 Endowment Results
Brown, Columbia, Dartmouth and Penn all improved their returns from 2022 but alternative investments dragged down returns.
Pensions
US Public Pension Funding Poised to Rebound in 2023 Reporting
However, only half of the state and local retirement systems exceeded their assumed rate of return for the year.
Regulation
New SEC Proposal Would Limit Bulk Discounts for Exchange Trading
Exchanges would be forbidden from offering volume-oriented rebates or pricing for broker/dealer agency orders.
Regulation
PBGC Updates Premium Rates, Guarantee Levels for 2024
Most measures are still tied to inflation, but SECURE 2.0 capped the variable rate for single-employer plans at 5.2%.
Manager Selection
Illinois Teachers’ Names Ghiané Jones as Deputy CIO
Previously an investment consultant with Meketa, Jones started in the newly created position on October 10.
Asset Allocation
Mature Asset Managers Increase Hedge Fund Market Share to 84%
Seward & Kissel’s annual report based on fund side letters attributed the gain to a fundraising advantage over newer firms trying to establish a toehold.
Risk
Critical Cyber Controls
What are the key controls and processes for supporting effective cybersecurity in asset management?
Market Moves
Volatility: Treasury Bonds Fluctuating Even More Than Stocks
The price swings on government paper these days are ‘extremely elevated,’ according to the Bespoke Investment Group.
Asset Allocation
At Least 8 States Buy Israeli Bonds Totaling More Than $100M to Support War Against Hamas
Moody’s warns that a prolonged conflict could hurt the country’s credit rating.
Pensions
Netherlands Ranks 1st Among 47 Global Pension Systems
The 2023 Mercer CFA Institute Global Pension Index ranked pension funds around the world on adequacy, sustainability and integrity; the US got a C+.
Risk
How to Analyze Investments’ Hacking Vulnerability
Can tools like the ISS ESG Cyber Risk score help institutional investors navigate exposure to digital attacks?
Asset Allocation
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.