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CalPERS’ first review of ILAC results in benchmark appraisal

CalPERS has conducted its first-ever annual review of the inflation-linked asset class (ILAC) program and has made a number of changes including moving the responsibility of the asset class to real estate. Amanda White looks at the fund’s plans for ILAC in the coming year. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Vale Sheikh Ahmed of ADIA

The managing director of the Abu Dhabi Investment Authority (ADIA), the world’s largest sovereign wealth fund, Sheikh Ahmed bin Zayed al Nehayan, died on March 26 in a glider accident in Morocco. His legacy to the investment management industry is a commitment to improved transparency, disclosure and cooperation. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

How to value the great southern timberlands

The Australian and New Zealand timberland markets are opening up in a big way. And because the investment environment for the assets in these countries is much less efficient than in the US, there are opportunities to buy good assets cheaply. But Eugene Snyman of Cambridge Associates says managers with a local presence will drive

Dialogue has limited power for Ethical Council

The Ethical Council, a collaboration between the Swedish funds AP1-4, concluded dialogues with four companies in 2009 after achieving its ethical objectives, but unsuccessful dialogue with Elbit Systems has resulted in the funds excluding the company from their portfolios effective immediately. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

CalPERS expands engagement

CalPERS plans to send a written request to up to 58 of its largest domestic company investments to adopt a majority voting standard in uncontested director elections, following an increase in the number of shareowner proposals that staff have been delegated to submit at CalPERS portfolio companies. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Confident Yale validates investment strategy with private equity increase……

The $16.3 billion Yale endowment has increased its long-term allocation to private equity from 21 to 26 per cent, and increased the real assets exposure from 29 to 37 per cent. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

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