Asset Study/Review
A Mid-Atlantic university will divest its endowment of all investments in businesses that derive the majority of their revenue from the extraction of fossil fuels by 2025.
A 529 plan based in the Midwest has adjusted its asset allocation.
A university based in the Mid-Atlantic region is forming an ad hoc committee to weigh the possibility of divesting its endowment of fossil fuels.
A Midwestern police pension plan has approved a new asset allocation that will shift its private equity assets to direct lending over the long term.
A Southwestern pension plan adopted a new asset allocation.
A Texas-based pension plan has agreed to redeem a pair of hedge fund investments.
A Southern trust fund has added domestic equity, real estate and fixed-income managers to its watchlist in recent months.
A Midwestern religious order is excluding energy-related holdings from its domestic equity investments and applying a “low carbon tilt” to its overall portfolio.
A 529 plan in a Midwestern state adjusted its asset allocation targets last week.
A Florida pension plan has approved a new public market portfolio structure that will see the elimination of five existing active managers as part of changes aimed at reducing duplication and increasing liquidity and reduce fees.