For the world’s largest asset owners
December 31, 2020
Financial Journal Comptroller Pleads Guilty in Embezzlement Scheme

Eric Whitehead, of Grant’s Interest Rate Observer, faces 20 years in prison for using company assets to pay for personal expenses.

Financial Journal Comptroller Pleads Guilty in Embezzlement Scheme
Most Read News Stories of 2020

It’s been quite the year.  These are CIO’s most popular stories, voted by numbers of readers, in 2020.

POPULAR STORIES
Cedars-Sinai Appoints CIO for $8B Portfolio
SEC Seeks Final Judgment Against Former Western Asset Management Exec Ken Leech
CPP Investments Partners With AT&T, GIP on Fiber Joint Venture
Barings Appoints Asset-Based Finance Head
Octagon Credit Investors Names Investor Relations Head
San Diego Seeks CIO
Flagship Bridgewater Fund Reportedly Tumbles 20% From Coronavirus

Founder Ray Dalio has admitted being taken by surprise by the economic impact. 

Flagship Bridgewater Fund Reportedly Tumbles 20% From Coronavirus
Cryptocurrency Scam Allegedly Swindles Doctors Out of $33 Million
Michael Ackerman boasted his algorithm generated monthly profits of 15%.
Cryptocurrency Scam Allegedly Swindles Doctors Out of $33 Million
CalPERS CIO Ben Meng’s Departure Linked to Questions on His Financial Disclosure

At issue: allegations of unreported stock transactions and also his holdings in three private equity firms the plan invested in, including Blackstone and Carlyle.

CalPERS CIO Ben Meng’s Departure Linked to Questions on His Financial Disclosure
Northrop Grumman Pays $12.4 Million to Settle 401(k) Lawsuit

Lawsuit said firm’s alleged fiduciary failures caused plan to lose over $13 million.

Northrop Grumman Pays $12.4 Million to Settle 401(k) Lawsuit
A 60-40 Portfolio Is Still the Bomb, Says Vanguard

Some have questioned the conventional asset split, but its performance during this messy year shows its worth, the firm declares.

A 60-40 Portfolio Is Still the Bomb, Says Vanguard
Happy New Year!

From the staff at CIO, wishing you all a happy, healthy, and successful 2021.

Editorial: CIOeditors@issmediasolutions.com
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