Private equity had a good year, but individual selections of stocks and other assets hobbled overall showing, report says.
Former Houston Rockets team member Zaid Abdul-Aziz is entitled to additional benefits for the rest of his life, suit says.
World’s largest pension fund’s asset value rises to $1.54 trillion.
The Common Retirement Fund has incrementally increased its exposure to fixed income such as cash, bonds, and mortgages.
The Jesuit school said it will get rid of energy stocks over 10 years.
Deloitte poll finds that 63% of dealmakers look for more activity this year, down from 2019’s expectations.
Hedge funds and other active strategies still play a role in diversifying risk in client portfolios, says firm’s Hyman.
However, the average 10-year return beat long-term objectives for the first time in a decade.
It’s the second consecutive year of outflows in the industry as managers struggle to keep pace with the broader market.
Equity holdings fall by 22% in 20 years as pensions turn to alts in search of alpha.
