Church Commissioners to Reduce Carbon Emissions by 25% by 2025
The fund said it will achieve this mainly through its public equities and real estate portfolios.
Asset Management Culture
Part 2: Q&A with Shundrawn Thomas: Effective Mentoring
The president of Northern Trust Asset Management discusses creating productive mentoring relationships to advance racial and gender diversity.
Emerging Markets Look Poised for a Good 2021, Says Lazard
Rising interest rates this winter spooked EM stocks, which still significantly lag behind others.
Tufts Names Craig Smith as Next CIO
The investing veteran has been interim chief since Sally Dungan’s death a year ago.
Willis Towers Watson to Halve Carbon Emissions in OCIO Portfolios by 2030
Clients in the $166 billion discretionary business will see the firm incorporate climate-related opportunities and risks, it said.
Lisa Howie Tapped as Smith College’s First CIO
Howie leaves Yale University after 12 years to lead the $2 billion women’s college endowment.
Norway Pension Giant Asked to Shed 25% to 30% of Companies from Index
Finance Ministry calls for the Government Pension Fund Global to drop up to 2,200 equity investments.
MBS Wants Saudi Arabia Fund to Reach $2 Trillion in Assets
The crown prince’s ambitious plan for the Public Investment Fund would change the kingdom’s dependence on oil while creating the world’s largest pool of institutional money, but questions remain.
More Investors Are Allocating to Emerging Alternatives Managers
The lack of in-person meetings did not dampen interest in smaller firms, which are putting themselves out there through Zoom.
University of Pennsylvania Targets Net-Zero by 2050
The $14.9 billion endowment becomes the latest institutional investor to target the goals of the Paris Agreement.
Boston Family Advisors Names Laura Tuttle, Warren Gibbon Co-CIOs
Tuttle joins from SCS Financial, while Gibbon has been promoted from chief investment strategist.
Bard Is Driving Toward a $1 Billion Endowment with Soros Donation
The college must match the philanthropist’s $500 million donation within five years, and it’s already halfway there.
University of Michigan Pledges to Become Net-Zero by 2050
The $12.5 billion endowment’s portfolio will immediately shift to sustainable assets and shun fossil fuels.
Op-Ed: Peer Rankings Matter—When Used Properly (Part Two)
It’s useful to study top-performing funds, but it’s not an apples-to-apples comparison, longtime investor Tony Waskiewicz says.
Rockefeller University Names Paula Volent New CIO
She joins the biomedical research institution from Bowdoin College and succeeds CIO Amy Falls, who’s moving to Northwestern.