Find insights from NCPERS members originally published in our quarterly educational journal. Find out how to submit articles here.
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
Systematic factors such as value, quality, and momentum have historically provided resilient, diversified sources of return across global equity markets, especially during periods of market concentration and elevated valuations. Continue Reading
Nuveen2026 Outlook explores crosscurrents, risks, and opportunities as investors enter 2026. They suggest opportunities across well-established themes to capitalize on potential market turnarounds and explore lesser-known corners of the global markets. Continue Reading
As the costs of raw materials, energy, electricity, and water surge, scalable products and services that enhance resource efficiency have become attractive investment opportunities for pension funds. Continue Reading
This article highlights the significance of investing in America's domestic transportation infrastructure, which is essential due to its predictability, high barriers to entry, and strong linkage to GDP and population growth. Continue Reading
Securitization began in 1968, giving investors access to mortgage cash flows without owning or servicing loans directly, while enabling lenders to recycle capital. Securitization remains a cornerstone of modern finance, channeling capital efficiently, enhancing liquidity, and expanding credit access Continue Reading
Coming Soon: Essential Insights for Public Pension Leaders Continue Reading
Savvy investors take an intentional approach to balancing portfolio risk with desired returns. In this article, we discuss the benefits of active risk budgeting and the consequences of unintended risks. Continue Reading
Increased correlations between stocks and bonds and heightened volatility in bond markets have made the traditional 60/40 approach to diversification less reliable, meaning that today’s market conditions call for an approach that includes alternative asset classes. Continue Reading
Although funding an OPEB plan actuarially is not always possible, this article offers strategies to get some money contributed and secured to pay OPEB benefits. Continue Reading
In the face of rising healthcare costs, Retiree Medical Trusts provide an unmatched, tax-advantages solution for saving for medical costs in retirement. Continue Reading
Index funds typically carry the lowest expense ratios in their categories — but like consumer goods, they may impose costs that aren’t apparent from the sticker price alone. Continue Reading
