Asset Allocation Strategies for Pension Plans
Aligning investment objectives with portfolio construction and solutions.
Why Asset Allocation for Public Plans
Public defined benefit and Taft-Hartley plans face unique challenges. They need to pursue their annual return objectives in a variety of market environments, maintain liquidity to cover beneficiary payments and other expenses, and stay within parameters established by their Investment Policy Statements—all while complying with regulatory requirements.
Smart, efficient asset allocation is key to meeting these needs. Yet asset allocation for public plans has become more complex in recent years, as correlations between asset classes have risen and funds have increased their exposure to less-liquid private market assets.
State Street Global Advisors works in close partnership with public plans. We craft asset allocation solutions tailored to clients’ unique circumstances and challenges, so they can make the most of their assets and fulfill their mission.
Investment Perspectives
Finessing Fixed Income to Meet Public Pension Targets
Finessing Fixed Income to Meet Public Pension Targets Combining active, systematic, and indexed strategies can help public plans make the most of their fixed income allocations.
A Window of Opportunity for Income-Focused Asset Allocation
Attractive yields on income assets may enhance plans’ ability to meet return targets.
Managing Private Market Allocations
Reaping private assets’ benefits takes careful, expert management, from commitment of capital to implementation.
How a Cash Overlay Solved a Public Pension’s Liquidity Challenges
See how one public plan worked with State Street Global Advisors to overcome some of its thorniest challenges.
Related Insights
Contact our pension team to learn more about State Street Global Advisors investment capabilities and services.