Why City of Austin goes evergreen in first private markets foray

David Kushner

Building out a new allocation to private markets f
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ART property boss: Investors were wrong to think real estate was easy

ART property boss: Investors were wrong to think real estate was easy

Australian Retirement Trust real estate head Mark Lee says the COVID downturn exposed that treating real estate as an easy asset class was a crucial mistake from investors, and property is not just a “bond replacement with a slightly higher yield”. As the A$20 billion portfolio prepares to double in five years, Lee says future returns will depend increasingly on investors’ ability to “sweat the assets”.

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CalSTRS manoeuvres for 2018 trends

Risk mitigation and changes in private equity are examples of how the California State Teachers’ Retirement System is positioning itself for 2018. CIO Chris Ailman shares trends he sees ahead.

SWIB praises tech overhaul

Portfolio-level views of risk and alpha-generating strategies help explain why the State of Wisconsin Investment Board says its technology refresh has already paid for itself.

Managers perform for Texas Teachers

Manager selection led to nearly three-quarters of outperformance for Texas Teachers in 2017 as the fund beat its benchmark by 168 basis points.

CIO ready to leverage tech at IOOF

New IOOF chief investment officer Dan Farmer is looking to reduce correlated risk and diversify into alternative assets. To help achieve all this, he’s undertaking an ambitious software project.

EAPF leads climate-change push

The Environment Agency Pension Fund is expanding its efforts to support a low-carbon economy and demanding that other asset owners and the entire finance industry ‘step up’ as well.

Texas Teachers overhauls equities

Texas Teachers has made extensive changes to its equities portfolio, increasing risk premia, reducing active management and applying new strategies developed by the fund’s research arm.

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