LACERS bracing for potential impact of Trump tariffs on public equities returns
As of Sept. 30, 2024, the fund’s asset mix included 21.50% U.S. equity allocations and 25.63% non-U.S. equity allocations.
As of Sept. 30, 2024, the fund’s asset mix included 21.50% U.S. equity allocations and 25.63% non-U.S. equity allocations.
BCI will acquire a co-control ownership position in BroadStreet.
Banik’s team has opted to be a bit more cash heavy going into the endowment fund’s fiscal year end.
Returns across IMCO’s client portfolios ranged from 8.2% to 11.3%.
The return came in slightly below the total fund benchmark return of 13.8%.
The return came in slightly below the total fund benchmark return of 13.8%.
The fund missed its 2024 total
benchmark return of 12.9%.
The fund’s risk management portfolio produced the strongest returns of 33.9%, largely driven by its exposure to gold.
The
$268bn disclosed its allocations to private markets for August in a recent release.
June
Kim, the newly appointed senior investment director, will continue to work with the Global Equity team until a new director of
Global Equity is hired.