Newsmakers
Nature Conservancy Nabs New CIO From ASU Enterprise Partners
Jeff Mindlin will join the conservation group in mid-December.
News Archive: Nov - 2025
Manager Selection
NYC Comptroller Calls for City Pensions to Drop BlackRock, Fidelity, PanAgora
Brad Lander has recommended three of the city’s five pension funds rebid BlackRock’s U.S. public equities index mandates.
Regulation
2nd Circuit Dismisses Pension Complaint Over Teamsters’ Private Equity Allocations
The court affirmed a New York district court’s ruling that the pension plan’s investment strategy did not constitute a fiduciary breach.
Asset Allocation
Public Equities, AI Investor Optimism Fuel CPP Investments’ 5.4% Q2 Return
The robust returns raised the pension giant’s asset value to C$777.5 billion.
Pensions
Norway Pension Giant’s ‘Ethical’ Investment Policy Placed on Hold by Parliament
The $2.1 trillion Norges Bank Investment Management will not be able to exclude companies or put them under observation for almost a year, while a legislative committee reviews its standards.
Pensions
Real Estate, Public Equities Boost CalPERS’ Climate Investments to $60B
The allocation is up from $53 billion in 2024 and $47 billion midway through 2023 while working toward its $100 billion goal.
Newsmakers
HESTA’s Dianne Sandoval Named CIO of Maryland SRPS
The superannuation executive will succeed retired Chief Investment Officer Andrew Palmer at the Maryland State Retirement and Pension System.
Regulation
Senate Committee Approves Michael Selig After CFTC Confirmation Hearing
The nominee mostly avoided responding to questions that focused on the commission’s limited resources as it attempts to tackle prediction markets and cryptocurrencies.
Newsmakers
RBC Asset Management Promotes Stu Kedwell to Global CIO
Kedwell will succeed the retiring Dan Chornous, effective January 31, 2026.
Research
OCIO to See $1.3T in Inflows by 2029
Growth in defined contribution channels is expected to lead outsourcing assets to $5.6 trillion by the end of the decade, according to Cerulli.
News
US ETF Growth By the Numbers
Against a backdrop of growth, institutional investors are contemplating the best ways to utilize exchange-traded funds in their portfolios.
Corporate Moves
Alts Manager Wafra Takes Stake in Ardian
The investment, made through the firm’s strategic partnerships program, is one of many GP stakes it has made.
Newsmakers
Steyer Takes Leave From Climate Fund to Run for California Governor
The billionaire co-chair of Galvanize Climate Solutions and founder of Farallon Capital will make a bid to succeed term-limited incumbent Gavin Newsom.
Asset Allocation
How Insurers Have Used ETFs to Manage Equity Exposure
Equity exchange-traded funds, rather than fixed-income options, are the top choice of insurance investors, according to State Street’s Meta Curry.
Regulation
SEC Grants Dimensional Approval to Launch ETF Share Classes
The agency signaled its approval in September, but the official verdict was delayed because of the government shutdown.