CIO Alert, March 5, 2026

For the world’s largest asset owners

March 5, 2026

Public Pension Funds Are Getting Healthier. Their New Problem: Paying the Bills

As funding levels rebound, retirement systems face an unexpected shift, one that could force them to rethink investment strategy, liquidity and long-term risk.

The Big Shift

How consolidation and other forces changing the asset management industry are affecting different categories of institutional asset allocators.

Michael Gould Named CIO of Lehigh Endowment

Gould had served as the university’s interim CIO since August 2025.

SEC’s Arbitration Shift Still Sparks Fears Over US Stock Valuations

The Securities and Exchange Commission’s September 2025 policy shift on mandatory arbitration clauses has not gained in popularity.

Vanguard Settles States' Coal Stock Manipulation Complaint for $29.5M

The case, filed by 11 state attorneys general, also named BlackRock and State Street, and those managers have not settled to date.

Limited partners have questions about their managers’ quest for new sources of capital.

TRENDING: What the Push for Alts in Retail Channels Means for Institutional Investors

The manager has nearly doubled assets from higher education and nonprofits over the last three years, according to outsourcing boss Christian Pariseault.

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.