CIO Alert, September 11, 2025

For the world’s largest asset owners

September 11, 2025

Former Employee Accuses IBM of ‘Imprudent’ PRT Decision

IBM and State Street stand accused of putting cost savings ahead of retirees’ security by handing $22 billion in pension obligations to a Prudential unit.

Investment Managers Express Increasing Interest in Generative AI

An average of more than three in five asset managers are using generative artificial intelligence, up from 40% last year, according to a Broadridge study.

Kentucky Pensions Return Double Digits in Fiscal 2025, Assets Near $30B

The Kentucky Public Pension Authority reported strong returns across several funds, with each exceeding 11%.

New York State Pension Continues to Pare Back Public Equities Assets

The $284 billion fund has not allocated to the asset class in eight of the past 10 months and recently cashed out of $2.1 billion in equities.

The mandate is one of the largest for the asset manager, which oversees $450 billion in OCIO assets.

TRENDING: Shell to Outsource $40B in European Pension Assets to Goldman Sachs

Cureton succeeds the retired Bob Sessa in the role.

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.