News and video about Investing/portfolio strategies from Pensions & Investments
Lisle-Woodridge Firefighters calls in MFS Investment for international equity
trueLisle-Woodridge Firefighters Pension Fund, Lisle, Ill., hired MFS Investment Management to run about $3 million in its international value equity mutual fund.
London Borough of Camden signs Harris for unconstrained global equity
trueLondon Borough of Camden Pension Fund hired Harris Associates to run an unconstrained global equity allocation.
Chicago Laborers lines up international equity search
trueChicago Laborers’ Annuity & Benefit Fund plans to issue an RFP for an international equity manager.
Illinois State Board of Investment seeks small-cap option for 457 plan
trueIllinois State Board of Investment is searching for an active domestic small-cap growth equity manager for the state’s $4.1 billion deferred compensation plan.
New Mexico PERA launches emerging markets debt search
trueNew Mexico Public Employees Retirement Association launched an RFP for an emerging markets debt manager to run a $150 million to $200 million portfolio.
Milwaukee County Employees goes with Northern Trust for cash overlay
trueMilwaukee County Employees’ Retirement System, hired Northern Trust for cash overlay services to manage an exposure ranging between $30 million and $60 million.
Consultant Kirstein calls on Standard Life for $200 million global equity allocation
trueDanish consultant Kirstein hired Standard Life Investments to run a $200 million global equity allocation on behalf of one of its clients.
Ohio Bureau of Workers' Compensation gives $3 billion to 4 bond managers
trueOhio Bureau of Workers' Compensation hired J.P. Morgan Asset Management, Loomis Sayles & Co., Prudential Financial and TCW Group to run about $725 million each in active domestic core-plus fixed income for the $24 billion state insurance fund.
New Hampshire commits to co-investments with BlackRock, terminates PIMCO
trueNew Hampshire Retirement System, Concord, committed $150 million to a private equity co-investment strategy managed by BlackRock Private Equity Partners. The pension fund also terminated PIMCO from a $200 million active domestic core-plus fixed-income portfolio.
PRI exec harnessing the power of $45 trillion
trueThe woman at the helm of the United Nations-supported Principles for Responsible Investment and her team are on a mission to get asset owners to use their influence — and trillions of dollars in collective assets — to bring responsible investment into the mainstream, flex their engagement muscles ...
Money managers create firm to cater to Catholic investors
trueSome big names in institutional investing have joined forces to provide Catholic-affiliated pension funds, endowments and other non-profit organizations with money management that follows the tenets of their faith.
Andrew Carter, father of active bond management
trueAndrew M. Carter — the father of active bond management who also created the first bond index fund and was considered “one of the finest math guys” in fixed income — built a clientele of some of the biggest corporate pension funds.
Battle for share of PIMCO spoils is getting hotter
trueThe money spigot is expected to keep flowing for PIMCO competitors who are working hard to snare the billions in fixed-income investments in play following September's departure of William H. Gross from the firm he co-founded.
Future Fund goes heavy on currency exposure
trueAustralia's Future Fund has boosted the foreign currency exposure of its A$104.5 billion (US$91.5 billion) portfolio to record levels to preserve flexibility and boost resilience to liquidity shocks.
Lofty ambitions require sharp teeth for PRI
trueIn order to continue the fight toward a sustainable future, the United Nations-supported Principles for Responsible Investment must grow sharper teeth, its leadership maintains.