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Fixed Income

CalPERS touts fixed income wins, gears up for TPA

At the annual review of its fixed income portfolio, CalPERS staff explain how active management, value-add strategies and the hunt for alpha are paying off, with ESG integration giving it a valuable edge and informing it to invest in companies under pressure like Boeing at the right time.
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How leading asset owners maintain TPA discipline

Rolling out a total portfolio approach is rarely a linear process, as even its most experienced practitioners warned that without careful resistance to old language, culture and structure, asset owners can easily slide back into the “comfort” of strategic asset allocation. A new report unpacks how leading funds stay disciplined.
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