News and video about Investing/portfolio strategies from Pensions & Investments
The big structural upside in Japanese equities
trueThere is reason to believe that Japan is on the precipice of reordering its domestic savings structure as soon as this year, with potentially significant implications for its equity markets.
Corporate bond universe growing 10% annually since financial crisis
trueThe amount of U.S. corporate debt outstanding grew 10% annually between 2007 and 2014, according to statistics released Thursday by Fitch Ratings. At the end of 2014, $3.7 trillion of U.S. corporate bonds were outstanding, up from $1.9 trillion in 2007.
Braintree Contributory searching for multisector fixed-income managers
trueBraintree (Mass.) Contributory Retirement System is seeking proposals from multisector fixed-income managers to run up to $17.3 million.
Beneath the ugly face of second half 2014 lies the beauty of opportunity in 2015
trueIn our view, the coming year will resemble more the volatility of the second half of 2014 than the prolonged, virtually uni-directional (i.e., up!) market that leveraged credit investors have enjoyed over the past several years.
Credit's true role in asset allocation and portfolio construction
trueCredit markets have reached a critical mass in the U.S., with $14 trillion of assets now outstanding compared to the $18.8 trillion in total capitalization of U.S. public equity markets.
CalSTRS taps Parametric for $100 million overlay strategy
trueCalifornia State Teachers' Retirement System hired Parametric Portfolio Associates for a $100 million equity overlay strategy.
Louisiana Firefighters adds 5% allocation to absolute-return fixed income
trueLouisiana Firefighters' Retirement System, Baton Rouge, is creating a 5% target allocation to absolute-return fixed income following an asset allocation review.
Old Mutual Global Investors brings on emerging markets debt head
trueJohn Peta joined Old Mutual Global Investors as head of emerging markets debt, a spokeswoman said.
Pension funds cashing in on the Kraft/Heinz deal
trueThe top 10 pension fund holders of Kraft Foods Group stock made nearly $250 million Wednesday morning (on paper) after the announcement the firm would merge with H.J. Heinz Co.
Springfield police and fire pension fund hires long-duration bond manager
trueSpringfield (Mo.) Police Officers’ & Firefighters’ Retirement System hired Income Research & Management to run about $30 million in an active domestic long-duration fixed-income portfolio.
Old age doesn't kill bull markets
trueA long expansion is a persuasive argument for buying stocks even though forward price-to-earnings ratios are historically high. Investors are likely to be willing to pay more for stocks if they perceive the economic expansion could last, let's say, another four years rather than another two years. ...
Institutional investors say ESG has positive impact on alternatives returns — report
trueSome 57% of asset owners and other institutional investors surveyed believe incorporating ESG into alternative investments decision-making has a positive impact on risk-adjusted returns, said a report Monday from Mercer and LGT Capital Partners.
Berkeley Police/Fire pension fund looking to potentially replace PIMCO
trueBerkeley (Mo.) Police/Fire Employees Retirement System is searching for a domestic core or core-plus fixed-income manager to run $4.5 million.
New York State Common picks BlackRock for $2 billion unconstrained bond allocation
trueNew York State Common Retirement Fund made $2.55 billion in investments and commitments in January.
NYU faculty calls for endowment to divest from fossil fuels
trueMore than 130 New York University faculty members called for fossil-fuel divestment in an open letter sent to NYU President John Sexton on Monday.