Asset Management

The latest developments and trends in asset management practices for institutional investors. Find out how to submit articles on this topic here.

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Why Japan's Structural Story Has Years to Run
Why Japan's Structural Story Has Years to Run

Learn about Japan’s structural transformation and explore thematic opportunities for investors. The article also highlights the potential of active management in a market riddled with inefficiencies. Continue Reading

Date posted05/15/2026


Beyond U.S. Exceptionalism
Beyond U.S. Exceptionalism

In today’s volatile markets, pension funds can strengthen portfolio resilience by diversifying alternative credit allocations across geographies and asset classes, reducing overreliance on any single market. Continue Reading

Date posted05/11/2026


Six Questions for Fiduciaries Navigating Regulatory Change and Alternative Investment Uncertainty
Six Questions for Fiduciaries Navigating Regulatory Change and Alternative Investment Uncertainty

In November 2025, I published an article for NCPERS members titled Initial Fiduciary Considerations for Offering Alternative Investments in Participant-Directed Defined Contribution Plans. A lot has changed in the five months since. Continue Reading

Date posted05/5/2026


Building Conviction in a World of Shifting Narratives
Building Conviction in a World of Shifting Narratives

By: Chandan Khanna, William Blair Investment Management Portfolio Manager Chandan Khanna explains why William Blair believes global markets present a landscape of opportunity for equity investors despite macroeconomic headwinds. Global markets present a landscape of opportunity for equity... Continue Reading

Date posted05/1/2026


Bridging Chicago's Pension Gap Through Strategic Land Disposition
Bridging Chicago's Pension Gap Through Strategic Land Disposition

At the 2025 Public Pension Funding Forum, Melodie Slaughter and Hassaan Ul Haq competed in the inaugural NCPERS-Harris Pension Lab: NextGen Competition. In this article, they share insights from their winning proposal and reflect on the experience of tackling one of Chicago's most pressing fiscal ch Continue Reading

Date posted04/15/2026


The Strategic Mandate: Why Leading Fiduciaries Are Embracing REITs
The Strategic Mandate: Why Leading Fiduciaries Are Embracing REITs

The article argues that institutional real estate investing is shifting away from an overreliance on private assets toward integrating REITs as a core “portfolio completion” tool under Total Portfolio Allocation frameworks. Continue Reading

Date posted04/13/2026


Lower Middle-Market Direct Lending: A Source of Alpha and Low Market Correlation with Potential Tax
Lower Middle-Market Direct Lending: A Source of Alpha and Low Market Correlation with Potential Tax

This article discusses the current state of U.S. private debt and how the lower middle-market can offer a differentiated and diversifying opportunity defined by inefficiency, stronger covenants, and more conservative leverage structures. Continue Reading

Date posted04/6/2026


Farmland: Real Estate at Its Core
Farmland: Real Estate at Its Core

Leased U.S. farmland is a pure form of real estate that delivers stable income, long‑term appreciation, and strong inflation sensitivity, while being driven by enduring demand for food, fuel, and fiber rather than economic cycles. Continue Reading

Date posted04/3/2026


A Differentiated Private Credit Approach in Today’s Competitive Environment
A Differentiated Private Credit Approach in Today’s Competitive Environment

A guide to avoiding “plain vanilla” private credit: focus on underserved borrowers, tighter lender groups, and customized capital solutions. Continue Reading

Date posted04/2/2026


Benefits and Opportunities in Private Equity Co-Investing
Benefits and Opportunities in Private Equity Co-Investing

The article outlines how co-investing has emerged as a central strategy in private equity, offering institutional investors—including pension funds—enhanced portfolio control, the potential for improved returns through reduced fees... Continue Reading

Date posted03/30/2026


Emerging Markets Debt Has Grown Up
Emerging Markets Debt Has Grown Up

The article outlines how co-investing has emerged as a central strategy in private equity, offering institutional investors—including pension funds—enhanced portfolio control, the potential for improved returns through reduced fees... Continue Reading

Date posted03/27/2026


One Way to Get Rewarded for Investment Risk: Hold on When Prices Fall
One Way to Get Rewarded for Investment Risk: Hold on When Prices Fall

The next time you feel tempted to sell because the market is falling, keep in mind the risk of losing money is what investors get rewarded for taking. Continue Reading

Date posted03/25/2026