MandateConnect

In this latest newsletter, we'll dig into a recent presentation on equity short extension strategies published by the State Universities Retirement System of Illinois, plus we have all the links for the most recent asset allocation reviews and more added to MandateConnect in the last few weeks.

Quant strategies are gaining traction among U.S. plans in Q1, MandateConnect data show.

A USD11 billion California county pension plan is terminating its investment in Acadian Asset Management’s multi-asset absolute return strategy in favor of a similar-sized investment in BH-DG Systematic Trading.

We're still a little way off from U.S. public pension plans' first-quarter reviews, but some themes are starting to emerge from recent MandateConnect data. In this newsletter, we dig into new investments made by allocators over the last six months and look at U.S. plans' internal equity programs.

The USD17.7 billion Ohio Police & Fire Pension Fund, which has used portable alpha strategies for almost two decades, is adjusting its approach to improve portfolio diversification.

The Florida State Board of Administration plans to add more than a dozen hedge funds to its newly restructured strategic investments portfolio this year, according to documents prepared for a trustee meeting on Tuesday.

U.S. public plans including Arkansas Public Employees' Retirement System and the School Employees Retirement System of Ohio are considering major changes to their domestic equity portfolios after a difficult year of underperformance.

Hedge funds returned more alpha last year to the USD100 billion Massachusetts Pension Reserves Investment Management system, compared to previous years.

The Florida State Board of Administration invested just shy of USD750 million in five hedge funds in the fourth quarter, as part of a wider bid to diversify its strategic investments portfolio.

The outperformance of U.S. technology stocks last year spotlighted equity factor imbalances within many U.S. public plans' domestic equity portfolios.