The latest developments and trends in asset management practices for institutional investors. Find out how to submit articles on this topic here.
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
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
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
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
A guide to avoiding “plain vanilla” private credit: focus on underserved borrowers, tighter lender groups, and customized capital solutions. Continue Reading
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
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
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
A practical guide to risk budgeting that explains how to allocate and monitor portfolio risk to align with objectives, enhance governance, and optimize returns. Continue Reading
Our latest five-year capital market assumptions include expected bond returns that are considerably higher than those seen over the past decade. We observe U.S. public defined benefit plans may be accepting more volatility in their portfolios than is needed to achieve their expected return targets. Continue Reading
This article offers trustees timely, research-based expert insights into the 2026 economic outlook and key considerations for the road ahead. Continue Reading
Understanding market dynamics is crucial for pension fund managers seeking to safeguard returns and build resilience amid heightened macroeconomic uncertainty. With United States public pension funds holding record-high allocations in equities, we highlight the increased risk of market volatility in Continue Reading
