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Investor Profile

AustralianSuper rebalances equities

Australia’s largest superannuation fund, the A$250 billion AustralianSuper, plans to decrease its equity allocation in favour of fixed income according to the fund’s CIO Mark Delaney, as he predicts central banks will tap the brakes on monetary policy amid concerns of rising inflation.
Investor Profile

Maryland’s record year prompts actuarial rate reduction

Maryland State Retirement  and Pension System is the latest fund to record an historical performance for the 2021 financial year, returning a best ever 26.7 per cent. Again public and private equities were the star performers with an exceptional 51.85 per cent return in private equity and 44.54 per cent in public equities  But in recognition there might be a bill to pay for those higher returns in the future the fund has lowered its actuarial rate of return.
Equities

CalPERS reduces equities universe

In the first story of an exclusive series examining investment portfolio innovation at CalPERS, Amanda White looks at the global equities portfolio where the universe of stocks was recently halved.
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