Iowa Public Employees eliminates smart beta target as it moves to reduce volatility, weather downturns
Iowa Public Employees Retirement System eliminated its smart beta target and hiked targets to public credit, core and core-plus fixed income.
Iowa Public Employees Retirement System eliminated its smart beta target and hiked targets to public credit, core and core-plus fixed income.
The worst bear markets in a generation brought private credit firms to prominence in 2022. This year’s bull markets have laid them low.
The plan will commit $100 million total to three private credit funds next year.
The search follows the plan’s decision to introduce a 5% dedicated private credit target allocation yesterday.
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JPMorgan Chase & Co.’s asset management arm is pitching private markets as essential ballast to investor portfolios amid stretched stock valuations and unreliable bond hedges.
In today’s investment landscape, middle market direct lending, a key segment of private credit, has emerged as an attractive option for institutional investors seeking reliable income and portfolio diversification. Unlike traditional public...
A handful of insurers are buying much of the investments, which are hard to trade and have relatively low credit ratings
The credit arm of Tom Steyer’s asset management firm is targeting a niche corner of private dealmaking that’s been on a different trajectory to the rest of the market.
The Washington-based government-related investment organisation is backing Allianz Global Investors.