Coming from New Mexico’s PERA, where she was deputy, the new chief replaces Elizabeth Burton.
Lawsuit alleges shareholders were hurt because $68.7 billion acquisition process was “done incorrectly.”
The Pensions Regulator wants LDI-driven plans to be ready if yields suddenly jump like they did in September.
It’s a rarity for the two main asset classes, almost always negatively correlated, to perform a duet. Here’s what allocators can do about that.