Asset value of trust fund falls by more than $2.7 billion to end the year with just over $40.1 billion.
Guo joins the insurance giant from Catalina Holdings, where he was CIO of Asia and Europe.
Join CIO on September 20 for a conversation with San Bernardino County Employees’ Retirement Association’s CIO Donald Pierce. He’ll discuss the decision to move out of international and emerging markets stocks and more into U.S. equities, how the fund is managing global and domestic fixed income in a time of rising interest rates and inflation, and much more. Register today.
Governor Ron DeSantis and other GOP pols seek to stamp out sustainability-minded investing, charging that it delivers poor results.
Buyout sales increase by triple-digit percentage points for second consecutive quarter.