After many years of low borrowing costs, too many people have the delusion that these will return, NEPC warns.
The penalty is related to misleading statements the adviser made to the Pennsylvania Public School Employees’ Retirement System.
The Canadian pension giant is integrating Ivanhoé Cambridge and Otéra Capital, also announcing the April departure of Ivanhoé Cambridge CEO Nathalie Palladitcheff.
Sharing the position with Co-CEO Gerard O’Reilly, Rizova will continue to be in charge of the firm’s research department.