For the world’s largest asset owners
February 16, 2024
Rate Cuts: The Fed and the Futures Market Draw Closer Together

Odds are that improved economic news will slow rate declines, but that may not be much of a tonic for stocks, says LPL.

MassPRIM Adopts New Asset Allocation
The Bay State’s investment management board seeks to achieve a 7% annualized rate of return while accepting no greater than a 20% drawdown.  
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Steven Meier Named Institutional Vice Chair at Neuberger Berman
Gulf Sovereign Funds Join Paramount Bid for Warner Bros.
Apollo Acquires Stake in Welsh Soccer Club Wrexham
Defense Bill Would Restrict US Investment in China
University of Utah to Fund Athletic Program via Private Equity
RTX CIO Robin Diamonte to Retire, Deputy Joe Fazzino Named Successor
CDPQ Extends CEO Charles Emond’s Term, Invests in Local Consultant, Japan Solar Plant

Emond, who became CEO in 2020, will remain until at least February 2029.

2023 Industry Innovation Awards – Chris Ailman

Celebrating the asset owners and organizations driving innovation in institutional investing.

TRENDING: US Corporate Pension Plans Continue to Improve Funded Status in January

A rise in discount rates helped most statuses increase last month, according to multiple pension trackers.

TRENDING: CalSTRS, HESTA Invest in Generate Capital’s Sustainable Infrastructure Platform

The institutional investors join AustralianSuper, among others, in the latest capital raise, which brought in $1.5 billion.

Editorial: CIOeditors@issmediasolutions.com
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