fixed income

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

Investor Profile

MN: A new private debt allocation that integrates ESG

Fixed income at fiduciary manager MN will now include private debt. Markus Schaen explains the challenges of building out the portfolio alongside MN's client funds' strict ESG priorities. He also explains how for some ESG-conscious investors ESG integration and impact is more important than outperformance.

Sarah RundellAugust 22, 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

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

Featured Story

Sweden’s AP Funds emphasise the long-term as returns take a hit

This time last year, Sweden’s four buffer funds reported the best returns in their history. Fast forward 12 months, and the four funds have posted losses thanks to allocations to equities and fixed income dragging their portfolios down.

Sarah RundellMarch 7, 2023

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Asset Allocation

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

Investor Profile

MN: A new private debt allocation that integrates ESG

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

FIS Singapore 2023

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

Featured Story

Sweden’s AP Funds emphasise the long-term as returns take a hit

California Public Employees Retirement System (CalPERS)

ABP/APG Asset Management

California State Teachers Retirement System (CalSTRS)

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