For the world’s largest asset owners
November 21, 2023
FINRA Proposes Allowing Projected Performance in Marketing to Institutional Investors

The regulating body breaks with its previous skepticism of projected performance, but only for qualified purchasers and institutional investors.

No End in Sight for Venture Capital Struggles

Due to high interest rates, among other things, VC investment in new companies and IPO exits are way down from previous years.

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Aaron DiCenzo Named CIO of STRS Ohio After Serving on Interim Basis
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Texas Constitutional Amendment Creates Endowment Fund for Newer Universities

A separate proposition enabling a cost-of-living increase to pensions for retired teachers was also approved.

Kathleen Jacobs Named CIO of RWJBarnabas Health

After stepping down in September from overseeing NYU’s endowment, the investment chief’s appointment to run the $8 billion system is effective in January 2024.

DOL Announces Form 5500 Changes

The adjustments include revisions to Schedules MEP and MB.

TRENDING: Tech Stocks’ Multiples Too Rich to Keep Fueling S&P 500 Rise, Says Sage

Historically, when the sector’s P/Es are this high, its market performance flags over the next 12 months, per Jack Ablin.

TRENDING: Texas Permanent School Fund Appoints Robert Borden new CEO

Borden was previously CIO of the South Carolina Investment Commission and the Louisiana State Employees’ Retirement System.

Editorial: CIOeditors@issmediasolutions.com
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