Asset Allocation

Penn PSERS trims leverage, adds fixed income and hones in on fees

The $71.9 billion Pennsylvania Public School Employees' Retirement System has reduced net leverage, added fixed income and continues to shave costs off its external investment management fees, mostly by reducing private allocations. The trimming and shifting of the portfolio is part of an adjusted SAA responding to ongoing market changes.

Sarah RundellSeptember 12, 2023

Featured Story

CalSTRS looks at big picture with total portfolio function

Amanda WhiteAugust 31, 2023

Asset Allocation

How Railpen keeps illiquid asset allocation on track

Amanda WhiteJuly 13, 2023

Investor Profile

Cashflows and risk management drive PSP Investments

Amanda WhiteJune 28, 2023

Risk

Cash rate scenario analysis drives asset allocation reset at Maryland

Amanda WhiteJune 8, 2023

Investor Profile

Montreal’s TCC: When a different world view pays off

Montreal-based Trans Canada Capital fuses its pension fund roots with the ethos of a relative value hedge fund for a unique investment approach that hunts uncorrelated alpha across the entire portfolio. Sarah Rundell speaks to two senior portfolio managers about their unique approach.

Sarah RundellMay 30, 2023

Asset Allocation

The problem with UK government pressure on pension funds to diversify

UK politicians are urging the country's pension funds to invest less in Gilts and more in riskier and complex assets including young UK companies, and infrastructure. Railpen's John Greaves, head of investment strategy and research explains the various problems with the plan.

Sarah RundellMay 29, 2023

Featured Story

Fixed income and active equity pay off at Brazil’s FUNCEF

Switching out of equities into fixed income last year has helped swell returns at Brazil’s Fundação dos Economiários Federais, FUNCEF. Other return-boosting strategies included active equity investment.

Sarah RundellMay 18, 2023

Featured Story

UN Pension Fund back on track after 2022, as low costs pay off

The United Nations Joint Staff Pension Fund, UNJSPF, is clawing back 2022 losses with assets under management currently valued at $82 billion and the fund experiencing a positive return of 5 per cent so far this year.

Sarah RundellApril 26, 2023

Risk

Reversal of investment themes demands investors change their assumptions

Investors are currently facing the end of uncertainty around assumptions they have made for decades, and need to shore up their portfolios with greater inflation protection, more active management, and by fostering innovation, according to chief strategist at the Investment Management Corporation of Ontario.

Ben HurleyApril 18, 2023

FIS Singapore 2023

Giant sovereign, pension funds re-think portfolios as market shifts

Speaking at Conexus Financial’s Fiduciary Investors’ Symposium held in Singapore, leaders from sovereign wealth funds in Singapore and Malaysia, along with United States pension giant CalSTRS, discussed how investors are viewing global macro risks and opportunities, and strategies they are considering to future-proof their portfolios.

Ben HurleyMarch 16, 2023

View more articles

Asset Allocation

Asset Allocation

Penn PSERS trims leverage, adds fixed income and hones in on fees

Featured Story

CalSTRS looks at big picture with total portfolio function

Asset Allocation

How Railpen keeps illiquid asset allocation on track

Investor Profile

Cashflows and risk management drive PSP Investments

Risk

Cash rate scenario analysis drives asset allocation reset at Maryland

Investor Profile

Montreal’s TCC: When a different world view pays off

Asset Allocation

The problem with UK government pressure on pension funds to diversify

Featured Story

Fixed income and active equity pay off at Brazil’s FUNCEF

Featured Story

UN Pension Fund back on track after 2022, as low costs pay off

Risk

Reversal of investment themes demands investors change their assumptions

FIS Singapore 2023

Giant sovereign, pension funds re-think portfolios as market shifts

California Public Employees Retirement System (CalPERS)

ABP/APG Asset Management

California State Teachers Retirement System (CalSTRS)

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