Asset Allocation
Wafra’s Capital Constellation Invests in Citation Capital
The woman-owned private equity firm aims to be the biggest private equity debut in Texas.
News Archive: Jul - 2024
Risk
Private Credit Not Likely to Run Out of Capital, per Report
The loans yield around 10% yearly, a big enticement to investors, and borrower demand is high, according to Turning Rock Partners.
Newsmakers
Laura Wickström Promoted to CIO of Finnish Pension Insurer Veritas
Wickström was previously deputy CIO of the fund.
Risk
Is an Equal-Weighted Index a Safer Bet Than Cap-Weighted?
Nope. Same-sizing the portfolio members means steeper drops and less robust outperformances, says Sam Stovall.
Pensions
Norway’s NBIM Takes Top Spot as World’s Largest Asset Owner
Japan's GPIF was dethroned due to a weak yen, despite strong fiscal returns in 2023.
Asset Allocation
Norway Pension Giant Excludes 2 Firms for Alleged Human Rights Violations
A Norges Bank probe revealed cases of rape and harassment at plantations owned by France’s l'Odet and subsidiary Bolloré.
Pensions
Canadian Pension Funded Statuses Hold Steady in Q2
The plans maintained their surplus amidst weak domestic equity performance.
Asset Allocation
Saudi PIF Nets $17B in Gains in 2023, Reversing Prior Year Slump
The sovereign wealth fund’s assets grew to nearly $1 trillion.
Risk
Forget the Terminator: How to Prevent Harm From AI
Allocators should insist that companies adopt firm principles to thwart privacy problems, false information and other threats from ascendant artificial intelligence, study says.
Asset Allocation
CalPERS Increases Climate-Related Investments by Nearly $10B
Approximately half of the new investments will be in public equity, with the rest going into private markets.
Pensions
Austin Pension Selects Meketa as New Investment Consultant
Meketa Investment Group was chosen after a six-month RFP process.
Investment Fund CIO Pleads Guilty to Securities Fraud
Joshua Goltry ‘lied about nearly every aspect’ of his fund’s operations and performance, according to federal prosecutors and the SEC.
Regulation
Kansas Construction Pension Fund Receives $43.1M PBGC Grant
The funding will keep the plan solvent through 2051.
Pensions
Saskatchewan Healthcare Pension Returns 8.43% in 2023
SHEPP saw its assets grow to $7.29 billion at the year end.
Asset Allocation
Smart Money Portent? Bonds Are Gaining Allocators’ Interest
Meanwhile, allocators are moving out of stocks, which have been doing well lately, per a Nasdaq eVestment study.