In The News
Two massive institutional investors are looking to deploy more capital in real estate as the economy potentially approaches a downturn, according to a new report.
The Council of institutional Investors has tapped Deputy Director Amy Borrus to succeed Ken Bertsch as executive director when he retires in August 2020, the organization announced.
Arrowgrass Capital Partners, the hedge fund started by a group of former Deutsche Bank AG traders, plans to shut after getting hit with a fresh round of investor redemptions.
NASRA says since 2009, more than 35 states increased required employee contribution rates, and more states maintain plans in which the employee contribution rate may change, depending on the pension plan’s actuarial condition or other factors.
The Massachusetts Institute of Technology Investment Management Company (MITIMCo) announced today that MIT’s unitized pool of endowment and other MIT funds generated an investment return of 8.8 percent during the fiscal year ending June 30, 2019. At the end of the fiscal year, MIT’s endowment funds totaled $17.4 billion, excluding pledges.
The Pennsylvania Public School Employees’ Retirement System, despite global economic and political volatility, posted a net investment return rate of 6.68 percent for the recently completed fiscal year.
The University of California’s Office of the Chief Investment Officer (UC Investments) announced today (Sept. 12) that its assets under management grew to $126.1 billion as of June 30, a one-year jump of $7.4 billion and a five-year gain of $30 billion.
Some defined contribution plan investments may already include real estate investments in their underlying portfolio, but if not, plan sponsors may consider real estate investment trusts or direct real estate investments.
The government needs to ensure that federal worker retirement dollars are not being invested in China, Sen. Marco Rubio told CNBC on Wednesday.
CIM is out after nine years of failed efforts to develop a vacant lot in downtown Sacramento into an office tower. What’s next for the site is unclear.