OMERS Selects Infrastructure Veteran as New Chief Pension Officer
Annesley Wallace will replace Blake Hutcheson, who recently was named CEO of the organization.
Corporate Moves
Boeing Production Cut Will Pare Half-Point from GDP, Says JPM Economist
Loss of the troubled 737 MAX will lower US industrial output, Michael Feroli warns.
For Strength in Unification, Canadian Leader Calls for Regional Pensions to Pool Investments
Manitoba Premier Brian Pallister challenges the province’s pension plans to ‘shop together.’
Share Buybacks to Slide 15% in 2019 and 5% Next Year, Says Goldman
Earnings dip, high corporate debt, and gloomy CEOs are to blame, the firm believes.
Texas Teachers’ Planning for Next CIO
Jerry Albright to take on a new role at the $156 billion retirement system.
People Moves Roundup
Prudential Financial appoints Managing Director, Cohen & Steers appoints CIO, and more.
Breaking News: CIO Tony Waskiewicz Parts Ways with Mercy
Waskiewicz, whose last day was Friday, says the parting was amicable.
Strapped McClatchy Seeks Pension Bailout
Newspaper owner in talks with PBGC about distress termination of plan.
Cohen & Steers Names Jon Cheigh CIO
Cheigh succeeds Joseph Harvey to oversee investment of firm’s $70.8 billion AUM.
Canada’s CPPIB Bolsters US Investment Team
The $304.1 billion fund taps Zubaid Ahmad as senior advisor to boost US investments.
Norges Bank CEO to Resign, Pension Fund Returns 1.6% in Q3
Yngve Slyngstad to step down after 12 years running the $1.09 trillion fund.
Church of England Nominates Gareth Mostyn as CEO of Endowment
Mostyn would replace Andrew Brown as head of the £8.3 billion fund.
Breaking News: Rockefeller Foundation CIO Donna Dean to Retire
Deputy CIO Chun Lai Named successor to head $4.4 billion endowment.
National Defined Contribution Group Announces New Leadership
CalSTRS Director of Retirement Readiness Sandy Blair joins as the organization’s new president.