The $10 billion fund’s board has voted to return to a model featuring an internal CIO. Headlines
Arrangements with San Bernardino, Stockton, and Vallejo will lead to more financial strain, ratings agency Moody’s argues.
CEO has agreed to step down and Dow Chemical has added four directors to its
board after yearlong battles with the activist investor.
The $160 billion system has promoted two staffers to lead its alternatives buckets.Headlines
APG’s new infrastructure portfolio is the latest deal structured as a partnership with an asset manager.Headlines
Janus’ new hire has landed his biggest mandate since joining—and doubled his strategy’s assets.Headlines
The consultant and fund manager wants greater access to
Jagdeep Bachher has hired or promoted at least 14 staffers in the past few weeks, CIO has learned, and is actively recruiting for more.
Expect further divergence between developed economies and major (but risky) upside potential from emerging markets, the investment banking titan says.Headlines
A career asset manager has taken the reins at one of the UK’s biggest public sector pensions.