Texas’ ERS to boost alternatives
The $29 billion Employees Retirement System of Texas will add to its alternatives portfolio over four years and wants small managers to represent 10 per cent of its active mandates.
The $29 billion Employees Retirement System of Texas will add to its alternatives portfolio over four years and wants small managers to represent 10 per cent of its active mandates.
CalPERS’ board has named Meketa its new infrastructure consultant, citing its high ratings and setting aside investment office calls to have a single adviser for infrastructure and real estate.
At the South Dakota Investment Council, the quest for value has led to long-term strategies, contrarian moves in real estate and debt, plus a focus on hiring and retaining young, local talent.
On the eve of its centenary, Alecta’s head of investment management reflects on the low-cost, Sweden-centric, active in-house strategy which has kept the pension provider on top of its game.
HOOPP is in an extraordinary position of being 122 per cent funded. It continues to focus on innovative investments - such as credit derivatives - as a way to achieve its pension promise.
This year’s Global Real Estate Sustainability Benchmark (GRESB) reveals that sustainability reporting has improved in coverage and quality of data, with the average overall score increasing due to increasing implementation and measurement. The average score is now 47 (out of 100) which is up nine points this year. The benchmark collects data from 637 listed
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