Asset Allocation
San Bernardino County Moves to Trim Foreign Stocks
The California county’s plan, already low on equities, reduces its stock allotment further due to the world’s troubles.
Tag: Fixed-Income
Asset Allocation
New York Common Retirement Fund Commits Over $1.5 Billion in May
The pension fund increases its private equity investments while cashing out $500 million within its public equity portfolio.
A Delicate Dance: How Top Transition Managers Move Assets in Troubled Times
Diplomacy, market savvy and trading expertise are vital qualities here.
Asset Allocation
TEXPERS Members’ Asset Shift Contradicts Conventional Wisdom
With rising rates and inflation, adding fixed income while reducing alts is the opposite of what most pensions are doing.
Asset Allocation
Ohio Teachers’ Pension Increases Alts and Fixed Income Targets, Decreases Public Equities
The pension was also able to implement a cost-of-living adjustment thanks to high returns this past year.
Newsmakers
Private Equity Drove CalPERS’ Strong Q4 2021 Returns
The pension fund reported 1.2% returns over its benchmark for calendar year 2021.
Asset Allocation
Thailand’s Pension Considering Investing in China and India
Pension staff see developing countries as a good hedge in pandemic times.
Risk
$150 Billion Danish Pension Fund Decides to Increase Risk
The fund is the largest of its kind in Denmark.
Risk
Trader Is Accused of Speculative Trading That Bankrupted His Employer
Keith Wakefield allegedly lost $30 million from unauthorized risky bond trades, which forced IFS Securities to go out of business.
Research
Report: Fat From Funding, Corporate Pensions May Want to Hibernate
Now is a good time for well-funded DB plans to think about a hibernation portfolio, according to NISA.
Sign Up for Our July 20 Webinar on Fixed Income
On Tuesday, four asset allocators—from Santa Clara VTA, International Paper, Colorado PERA, and Minnesota SBI—will share their insights.
Sign Up for Our Upcoming Webinar on Fixed Income
Next Tuesday, four asset allocators—from Santa Clara VTA, International Paper, Colorado PERA, and Minnesota SBI—will share their insights.
Alternatives
NY State Pension Fund Commits Over $1.3 Billion in Investments in March
Nearly half, or $650 million of its monthly allocation, went toward real estate funds.
Market Moves
Expect a Further Dollar Slide, But It’ll Be ‘Mild,’ Says Currency Sage
State Street’s Aaron Hurd sketches out for our symposium how to navigate a further decline for the buck.
Asset Allocation
Op-Ed: Where Buffett and Dalio Are Wrong on Bonds
Mark Holman, CEO and portfolio manager of TwentyFour Asset Management, argues that the two famed investors are ignoring compelling opportunities in the fixed income markets.