PGIM Talks Deglobalization’s Portfolio Implications In New Report
Research from the asset manager shows the world is in an era of two tracks—the 25% now deglobalizing and the...
The Markets
401(k)s Not the Place for Private Equity, Says Johns Hopkins Study
New research, focused on 19 of the 25 largest U.S. private equity-leveraged buyout families, argues private equity is riskier than...
Pension Risk Transfer Just Shy of Record Year in 2024
According to LIMRA, 14 carriers reported more than $1 billion in pension risk transfer sales during 2024.
Financial Advisers Hone In on Private Infrastructure Investments
Private equity remains the largest private markets investment by far, according to a Hamilton Lane survey.
Weak Market Returns Sink Corporate Funding Ratios
Tough markets and rising liabilities resulted in declines in pension funding levels in February.
Money Market Fund Assets Hit Record $7T
In light of continued market volatility, investors appeared to move money into what they see as more stable investments
OCIO Market Totals Nearly $4.8T, Says Chestnut Advisory
The largest OCIO provider is Mercer, with $548 billion in outsourced assets under management. Captrust is the fifth largest provider,...
Private Equity on Comeback Trail for 2025, Says McKinsey
In 2024, private equity returns declined to 3.8%, the third consecutive year in which the public markets outperformed the asset...
Insurers Seek Private Market Exposure, Take More Risk in Portfolios
According to Conning’s annual insurance investment risk survey, insurance investors are far less concerned about inflation than in recent years...
Corporate Pensions Continue Funding Surplus Rise in January
Many companies with pension funds in surplus are choosing to outsource the investment management of their portfolios or to offload...
Income Target-Funds Reach $22B in Assets in 2024
A majority of workers participating in employer-sponsored plans (86%) said they want their employers to offer in-plan retirement income options.
DC Asset Growth Leads Global Retirement Assets to Reach $58.5T
Defined contribution assets have grown by an average of 6.7% per year since 2014, while defined benefit assets have grown...
Legal & General to Sell 20% Stake in PRT Business
In addition to the pension risk transfer stake, Japanese insurer Meiji Yasuda will acquire all of L&G’s U.S. protection business...
2024 Sees Net Inflows of $3.1B to 529 Tuition Savings Plans
A provision of the SECURE Act 2.0 of 2022 that permits certain assets saved for education to be rolled over...
Vanguard Announces Largest Fee Cut in Firm’s History
Of the funds with reduced fees, 48 include institutional or institutional plus share classes.
Trump Issues Executive Order to Create Sovereign Wealth Fund
The fund, which could require Congressional approval, is to be established by the Department of the Treasury and the Department...
Advisers Increasingly Considering Crypto in Financial Plans
Among advisers who recommend investing in cryptocurrencies, the most common allocation remains 2% of assets, according to a Digital Assets...
DOL Approves Citi Diverse Asset Program for 401(k)s
According to the regulator, Citi will not violate ERISA fiduciary duties by paying plan fees of diverse asset managers.
Higher Rates Push Both Congress, Investors to Change Strategy
Long-term investors are looking to rebalance their portfolios while considering investing trade-offs in both equity and bond markets.
Morningstar: ESG Integration Growing Among Institutional Asset Owners
The 2023 Voice of the Asset Owner survey probes views on developing ESG investment strategies.