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.

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
Nearly Half of the Largest US Pension Funds are More Than 100% Funded, Milliman Reports
New AI Tool Aims to Assist Alternative Investment Managers
Magnificent Seven’s Earnings Have Peaked, BofA Says
Pension Fund-Backed M&A Deals Continue to Nosedive
South Carolina Bill Seeks to Shield Agriculture Firms From ESG Requirements
NYC Pensions Negotiate Worker Safety Deals With Major Telecoms Companies
Flagship Bridgewater Fund Reportedly Tumbles 20% From Coronavirus

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

Cryptocurrency Scam Allegedly Swindles Doctors Out of $33 Million
Michael Ackerman boasted his algorithm generated monthly profits of 15%.
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.

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.

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.

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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