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Two-thirds of US equity funds underperformed benchmarks over last 12 months, report shows
The expected revival of inflation means equities need to be at the core of portfolios.
The Indiana Public Retirement System increased its net assets by 2.56% to $30.6 billion during the 2020 budget year, records show.
Yup Kim has joined the plan’s private equity team from the Alaska Permanent Fund Corporation.
Patricia Hunter has joined Metis Global Partners as director of institutional client development.
George Lagos will retire in March after nine years with the plan.
A West Coast pension fund has made a domestic small-cap core equity hire following a domestic equity review.
Citing a potential quarter of a billion loss due to coronavirus, the University of Delaware President Dennis Assanis announced cost-cuts and tapping into UD’s billion-dollar-plus endowment.
A Southwestern fire pension plan retained its incumbent investment advisor last month.
A Northeastern pension plan decided to retain its investment consultant at a board meeting today.