Aussie Investors Lean On U.S. Derivatives For Alpha Generation, Risk Management
Aug 19, 2024
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News category: MandateConnect
SURS And Short Extension Strategies - MandateConnect Newsletter, June 13, 2024
Jun 13, 2024
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.
Continue readingQuant Strategies Win U.S. Plans' Favor In Q1 - MandateConnect Newsletter, May 16, 2024
May 16, 2024
“We don’t want to become just a big index fund,” Tim Taylor, senior investment officer for global equity at the Florida State Board of Administration, told an end-of-year board meeting. Taylor was explaining the Florida system’s approach to in-house public equity investing, detailing its use of factors such as momentum and trend to beat benchmarks. His comments also speak to the widening chasm in U.S. public pensions between large plans with in-house quantitative strategies that can outpace benchmarks and smaller plans dependent on external managers.
Continue readingU.S. Plan Opts For Trend-Following Over Multi-Asset
Apr 26, 2024
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.
Continue readingHedge Funds, Passive Strategies And More - MandateConnect Newsletter, April 18, 2024
Apr 18, 2024
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.
Continue readingEarly Portable Alpha Investor Tweaks Portfolio, Adds New Fund
Mar 14, 2024
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.
Continue readingFlorida Details Hedge Fund Investment Pipeline
Mar 11, 2024
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.
Continue readingU.S. Plans Shake Up Stock Portfolios, Confront Domestic Equity Underperformance
Feb 22, 2024
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.
Continue readingNortheast Plan Sees Hedge Fund Alpha Improving
Feb 20, 2024
Hedge funds returned more alpha last year to the USD100 billion Massachusetts Pension Reserves Investment Management system, compared to previous years.
Continue readingU.S. Plan Makes New Investments To Diversify Hedge Fund Portfolio
Feb 8, 2024
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.
Continue readingOverweight Value Positions Prompt Reallocations At U.S. Plans
Feb 1, 2024
The outperformance of U.S. technology stocks last year spotlighted equity factor imbalances within many U.S. public plans’ domestic equity portfolios.
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