What the world's largest investors teach us about asset allocation

Foundation North's whole risk policy is three numbers

This fund does not employ a single investor

A quarter of Paul Hamlyn's real return target goes on fees

Oxford's spending formula can never pay less than last year

The Environment Agency fund stopped trying to win

Ten years of private equity bought Lehigh 170 basis points a year

Dallas Police and Fire has spent nine years getting out of private assets

PIF grew to $900 billion while returning 5.8% a year

The Gates Trust spends 10% a year, so it owns almost nothing illiquid

UC Investments' best real estate call was the term sheet

ADIA publishes bands, not weights

Texas Teachers' asset mix adds up to 104% on purpose

The Future Fund stopped trusting bonds to cushion a crash

Ontario Teachers' two private books went opposite ways

NZ Super measures every active bet against doing nothing

ABP invests against what it owes, not against an index

GPIF runs $1.9 trillion in four equal buckets

Half of Temasek's money is now in private assets

Harvard runs a third of its money in hedge funds

The world's biggest fund skips private equity on purpose

CPP trailed its benchmark by 5 points, and calls that the plan

CalPERS is taking 40% of its money private

GIC judges itself on 20-year real returns, not a good year

The model's inventor becomes a seller

The pension that buys crash insurance on purpose