liquidity

Uncategorised posts

CalPERS board reflects on liquidity and leverage; higher delegation limits

The investment team at CalPERS asks the investment committee for an increase in staff delegation limits for private assets to help meet the new SAA to private markets, and the board reflects on the liquidity and leverage program in place.

Sarah RundellNovember 22, 2022

FIS Chicago 2022

Beyond traditional asset allocation

Today’s challenging climate has led diversified investors like GIC, Singapore's sovereign wealth fund, to explore different approaches to portfolio construction to build resilience. Grace Qiu and Ding Li, both senior vice presidents in total portfolio policy and allocation at GIC discuss their new research.

Sarah RundellJune 21, 2022

Risk

Why liquidity management will be harder in a post-COVID-19 world

CIOs need more sophisticated tools to manage liquidity in a post-COVID world, experts say, now that the DC retirement landscape has been permanently changed following the precedent of early release schemes.

Amanda WhiteMay 12, 2022

Infrastructure

Performance variation impacts treatment of infrastructure: PGIM

Historical performance and cash flow characteristics differ enormously among infrastructure asset sectors, and even between assets of the same sector, says the vice president of PGIM IAS’ private assets research program. But scarcity of data makes infrastructure performance notoriously hard to study.

Ben HurleyMarch 16, 2022

Investor Profile

How CPP Investments uses leverage: Lessons for CalPERS

The CIO of Canada Pension Plan Investments, Edwin Cass, shares insights on the benefits of leverage, the impact on liquidity and the governance structures for success.

Sarah RundellJanuary 24, 2022

Featured Story

Liquidity: too little or too much can harm your portfolio

The rising popularity of private assets has made liquidity risk a growing concern for institutional investors, who need to carry enough liquidity for possible downturns, but avoid the opportunity cost of carrying too much, says Michelle Teng, vice president of the Institutional Advisory and Solutions group at PGIM.

Ben HurleyNovember 18, 2021

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