The $8 billion North Dakota Department of Trust Lands is rolling out a core-satellite approach to portfolio construction in a bid to control tracking errors. But CIO Frank Mihail explains that in some asset classes like infrastructure, the process is more complicated.
Migros-Pensionskasse CIO Adrian Ryser says the fund has added to its alpha-generating satellite assets with senior loans and other sub investment-grade credit, high yield and infrastructure.
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Asset Allocation