CIO Alert, February 16, 2023

For the world’s largest asset owners

February 16, 2023

CalPERS Equity Portfolio Edges Out S&P 500 Returns in Q4 2022

CalPERS’ equity portfolio returned 7.92% in the fourth quarter of 2022, eclipsing the S&P 500 performance by 84 basis points.

Corebridge Financial Names Prudential’s Longino CIO

The former head of Prudential’s global investment strategy will oversee the AIG spin-off’s investment portfolio.

New York Common Retirement Fund Cuts Public Equities in Favor of Alts

The $242 billion pension giant reported a robust 4.51% investment return in Q3 of the fiscal year.

Bill aimed at protecting pensions’ financial interest may instead box them out of lucrative private markets.

After Tuesday walk-outs, unions are calling for massive demonstrations this weekend.

Editorial: CIOeditors@issmediasolutions.com

Industry Intel Roundup—Featured White Paper

Chief Investment Officer is pleased to present the next edition of our Industry Intelligence roundup. This week, we are featuring white papers sponsored by or featuring experts in the industry. The content was created to supply actionable insights to institutional asset owners regarding investing and governance.