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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UPS Hires Goldman Sachs Asset Management as OCIO for $43.4 Billion Pension Plans
Wisconsin Pension Buys $160 Million in Bitcoin ETFs
Scott Chan Named CalSTRS’ New CIO
Ohio Attorney General Calls for Removal of Two Teachers’ Pension Board Members
Nomination Period Opens for CIO Annual Listings
Vanguard Appoints BlackRock’s Salim Ramji as New CEO
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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