Conor O’Kelly has been selected to lead Ireland’s National Treasury Management Agency, replacing John Corrigan.
Actuarial rates have wiped 600 basis points off of funding ratios in Germany despite a strong year in performance terms.Headlines
A credit ratings agency has warned bond funds to hold more cash, despite the negative effect this could have on returns.Headlines
Losing $720 million on the deal thus far, the head of the Korea Investment Corporation has promised to learn from the mistake.Headlines
Highly loss-averse managers were likely to record worse risk-adjusted performance, often
leading to termination, a study has found.Headlines
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.