Asset Study/Review
The plan approved eliminating its global asset allocation target and folding a China equity target into its broader emerging markets equity allocation at its board meeting today.
A pension board affiliated with a major church is recommending the denomination add several energy companies to its divestment/proscription list due to involvement in environmental issues.
A university in the South revised the target asset allocation for its endowment last month, increasing its allocations to private markets and real assets.
University will target multifamily housing and industrial supply chain properties after it increased its allocations to real estate, infrastructure and private equity assets within its retirement plan last week.
New England College revised the asset allocation for its endowment last year, increasing its allocation and long-term ranges to private equity and venture capital.
The plan approved credit and private equity commitments during today’s meeting as part of pacing plans for the respective asset classes.
The plan approved a new 3% target to infrastructure following an education from its general investment consultant.
The plan will review allocation options in June after receiving educations at its board meeting yesterday.
University is planning to divest its three investment portfolios from fossil fuels by 2030.
Plan will hear preliminary results of an annual asset/liability study next month and make recommendations for any changes to the portfolio in June.
