Investment Allocations

On Tuesday, the $24bn sovereign wealth fund will vote on a subscription to a portfolio management service to aid due diligence and portfolio monitoring across private equity, real return and real estate.

They accounted for 7% of CEE fundraising in 2017, having committed nothing in the previous two years, research has found.

The $3bn fund is increasing its private equity activity after raising its target allocation to 10% from 7% in 2016.

Domestic PE was at least 10 times as popular, according to Schroder Adveq data.

The pension has changed the way it calculates investment limits and eliminated the category of 'direct investments'.

PE accounted for 20.9% of the investment portfolio, making it the third-largest asset class behind public equity and bonds.

Private equity was the pension's best asset class in the first half and could play a key role in filling the income shortfall.

For shareholders, the true appeal of listed fund managers such as Blackstone, Carlyle and KKR lies in their long-term potential.

CalPERS is due to identify a new CIO next month, so PEI's interactive charts outline what he or she is on course to inherit.

There is more long-term value in being a substantial investor in a small or medium sized fund, says Alaska Permanent's Stephen Moseley.