Texas Pension Launches Internal Commodities Strategy

The Teacher Retirement System of Texas has launched an internal balanced commodities strategy as a part of its wider internal effort to save on management fees as well as diversify its USD173 billion portfolio. TRS now has about USD100 million invested in the strategy, which the system’s risk and portfolio management group (RPM) runs alongside two other strategies, risk parity and government bonds.

Dallon Lewis

MAY 05, 2023

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Family Offices In Singapore Look To Systematic Strategies, GAO Uniquely Positioned To Meet Demand

A growing number of family offices in Singapore are looking to add more complexity to their portfolios to improve diversification. Traditionally family offices hedged their equity exposure with bond portfolios but as the two asset classes grow increasingly correlated, these investors are looking to firms like GAO Capital to help them integrate systematic strategies and multi-strategy funds.

APR 11, 2023

UTIMCO Probing For Diversifying Liquid Strategies

The USD64 billion University of Texas and Texas A&M Investment Management Company is identifying new strategies that can create liquidity regardless of the market environment, according to UTIMCO’s March board of directors’ meeting agenda. The Texas endowment is considering new sources of diversification as it holds the belief that few assets outside of long treasuries perform well in a highly volatile risk-off market.

MAR 29, 2023

Investors Talk Energy Transition, Commodities Congestion And Lithium Futures - EQD Investor Network Austin

Jeff Anderson, managing director in commodities and global markets at Macquarie, led panelists Daniel Cepeda, founding partner and portfolio manager, Quantix Commodities, Vikas Dwivedi, global oil and gas economist, Macquarie and Matt Talbert, director, multi-asset strategies, Teacher Retirement System of Texas in a discussion of commodities and systematic strategies in a post-inflationary world.

FEB 27, 2023

Can Commodities, Metals Make A Comeback With U.S. Institutional Investors?

U.S. allocators in recent years have sought out alternative risk premia to diversify their portfolios while remaining focused on strategies trading public, liquid instruments in mostly either equity or fixed income markets. At the same time, pressure on allocators to consider the environmental impact of their investments has also driven some away from considering a diversifying allocation to commodities or metals. But this week the Alaska Permanent Fund Corporation announced it would consider a 3-5% allocation to gold. A further analysis of recent allocation announcements by U.S. public plans in MandateConnect also suggests that more are considering adding some commodities, metals or natural resources exposure as part of new diversifying allocations this year.

FEB 17, 2023

January 26, 2027

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