For the world’s largest asset owners
December 29, 2023
Editor's Note

During the holiday week, please enjoy compilations of our work from throughout the year.  Today, we share the Top 10 stories of 2023.
The regular, daily CIO Alert will resume on January 3.
Find out more about CIO’s 2024 Special Coverage plans on our 2024 Editorial Calendar.

Texas Municipal Retirement System Hires New CIO From CalPERS

Yup Kim, CalPERS’ investment director of private equity, will join TMRS on January 15.

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Kraft Heinz Agrees to Settle Class Action Securities Lawsuit for $450 Million

Swedish pension fund AP7 was among the plaintiffs who alleged Kraft Heinz misled investors regarding a $15.4 billion goodwill charge.

Why Private Credit Is So Darn Popular

Yields are high, and well-fixed institutions back them, but what happens in a recession?

A Crafty Way to Earn Returns From the Inverted Yield Curve

Some allocators and managers are doing this, expecting a price pop ahead and collecting nice interest payouts along the way.

Offices Aren’t the Most Threatened Real Estate Sector—Apartments Are

Morningstar says multi-family’s finances are even more precarious.

Supreme Court Hears Case That Could Invalidate Administrative Courts

The ruling, expected in June 2024, could have a wide-ranging impact.

What Were the 10 Best Stocks in the Last 5 Years?

Not all of them are the FAANGs, like pharma firm Eli Lilly.

What Could Derail Private Credit’s Momentum?

The popular investment may suffer from an economic dip and other changes in the financial scene, critics warn.

At Least 8 States Buy Israeli Bonds Totaling More Than $100M to Support War Against Hamas

Moody’s warns that a prolonged conflict could hurt the country’s credit rating.

4 Ivy League Institutions Release Fiscal 2023 Endowment Results

Brown, Columbia, Dartmouth and Penn all improved their returns from 2022 but alternative investments dragged down returns. 

Editorial: CIOeditors@issmediasolutions.com
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