For the world’s largest asset owners
April 24, 2023
Direct Indexing Grows, but Plans Don’t Vary Much, Morningstar Says

Wall Street firms trot out their own versions or buy smaller providers to meet demand.

Industry Consensus Begins to Emerge on SEC Market Proposals

Execution disclosure and tick-size changes are good; Reg BE and mandatory auctions are criticized.

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Google Cloud Accidentally Deletes Australian Superannuation Fund's Data
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Wisconsin Pension Buys $160 Million in Bitcoin ETFs
Scott Chan Named CalSTRS’ New CIO
Ohio Attorney General Calls for Removal of Two Teachers’ Pension Board Members
Nomination Period Opens for CIO Annual Listings
Nevada Bill Marks Third Try at Establishing State-Sponsored Retirement Plan

Two previous attempts to pass similar legislation ended up going nowhere.

TRENDING: Saudi Sovereign Wealth Fund Beefs Up With Chunk of Aramco Stock

Receiving 6% of the oil behemoth’s equity, the fund has a long-term goal of diversifying the economy away from oil.

TRENDING: Japan GPIF Invests $3.7 Billion in Morningstar Gender Diversity Index

The index is designed to emphasize Japanese companies with strong gender and diversity policies.

Editorial: CIOeditors@issmediasolutions.com
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