Socially responsible investing delivers for investors on all levels
Money managers practicing “socially responsible investing” now control nearly $6.6 trillion, representing 18% of all U.S. assets under management. That figure has grown 76% in just two years.
View ArticleU.S., Canadian assets rise 2.5% in fiscal year, NACUBO-Commonfund study finds
U.S. and Canadian college and university endowment assets totaled $529 billion for the fiscal year ended June 30, up 2.5% from a year earlier, results of the NACUBO-Commonfund Study of Endowments...
View ArticleSouth Carolina revamps allocation, adds new strategies
South Carolina Retirement System Investment Commission made major changes to the asset allocation of the $28.2 billion South Carolina Retirement Systems.
View ArticleWith new rules, managers not so crazy for CoCos
Money management firms that would otherwise be going loco for CoCos - contingent convertible capital instruments - are cautious because of new capital rules and a regulatory spat related to the hybrid...
View ArticleRedemptions, poor markets work against Franklin
Investors withdrew close to $50 billion in the past six months from the funds and strategies of money management firm Franklin Resources Inc.
View ArticleSouth Dakota Investment Council earmarks $200 million for European buyout fund
South Dakota Investment Council committed up to $200 million to Cinven VI, a European buyout fund.
View ArticleNorth Dakota DC plans add Vanguard bond index fund
North Dakota Public Employees Retirement System added the Vanguard Total Bond Market Index Fund to the lineup of its $27 million 401(a) plan and $74 million 457 companion plan.
View ArticleGlobal slowdown increasingly seen as biggest threat to performance - NEPC
A slowdown in global economic growth was the greatest near-term threat to investment performance in the quarter ended Dec. 31, said 67% of chief investment officers of endowments and foundations said...
View ArticleFresno County looking to broaden hedge fund allocation with Grosvenor
Fresno County (Calif.) Employees' Retirement Association is looking at expanding its relationship with hedge fund-of-funds manager Grosvenor Capital Management to a strategic partnership.
View ArticlePhiladelphia Gas Works seeking passive international equity manager
Philadelphia Gas Works Retirement Reserve is searching for an international equity index manager to run $22 million.
View ArticleIllinois State Board significantly cuts hedge funds, public equity in new...
Illinois State Board of Investment, Chicago, adopted a new asset allocation that lowers equities and hedge funds, while increasing fixed income and private equity for its $15.2 billion in defined...
View ArticleCalPERS commits $500 million to 2 private equity funds
CalPERS committed $500 million total to two private equity funds.
View ArticleSecondary market transactions flat in 2015 - report
Growth in the alternative investment secondary market slowed in 2015 with total volume of completed transactions up 0.6% to $49.6 billion from $49.3 billion a year earlier, said a report by secondary...
View ArticlePIMCO boosts government debt as Treasuries rally
The PIMCO Total Return Fund boosted its holdings of U.S. government and related debt while a rush for the safest securities made Treasuries the No. 1 performers among developed bond markets.
View ArticleHome-country bias continues to pay dividends
Public defined benefit funds have had a home-country bias in their equity portfolios since at least 1998. Pensions & Investments' latest Top 1,000 survey showed 59.4% of equity assets were in the...
View ArticleSan Francisco City & County commits $150 million to 2 funds
San Francisco City & County Employees' Retirement System committed up to $125 million to Hillhouse Fund III, a private equity fund managed by Hillhouse Capital Management.
View ArticleDanvers Contributory seeks domestic high-yield bond, passive equity managers
Danvers (Mass.) Contributory Retirement System is searching for a domestic high-yield bond manager to run $3 million and an S&P 500 index fund manager to run $14 million.
View ArticleSustainalytics forecasts increased focus on climate change investment risk
Institutional investors are likely to increase their focus on the impact investment decision-making has on systemic risk associated with climate change, following an agreement made at the United...
View ArticleMissouri re-enrolls Ascensus as 529 plan manager
Missouri State Treasurer's Office rehired Ascensus as program manager for the Missouri Higher Education Savings Program
View ArticleNashville & Davidson County boosts alternatives by $119 million
Nashville (Tenn.) & Davidson County Metropolitan Government Employee Benefit Trust Fund made five new commitments totaling up to $119.3 million.
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