Exclusive Interview: Ted Aronson Will Shutter His Value-Oriented Firm
AJO Partners is closing after nearly 40 years of investing, as its style suffers. Founder's team wants to launch a successor, but he will be on the sidelines.
Corporate Moves
New York Times Makes $235 Million Pension Risk Transfer to MassMutual
About 1,850 affected retirees will continue to receive payments from the life insurer.
4 Industry Moves at Brown Brothers Harriman, Kresge Foundation, Wespath
Here are some of the biggest people switches in the industry from the past month.
Columbia Endowment Names Kim Lew CEO
The Carnegie Corp. CIO has been tasked with turning around the Ivy League laggard.
Tulane Investment Chief Jeremy Crigler to Retire
Richard Chau and Julia Mord will take over as interim CIO and interim deputy CIO, respectively, to manage the fund’s $1.4 billion portfolio.
Incoming Norges Bank Chief Nicolai Tangen to Sell Hedge Fund Holdings
The divestment addresses concerns raised at a parliamentary hearing earlier this month.
Norges Bank Board Defends Chief Executive Pick, Again
At a parliamentary hearing, the board governor helped the hedge fund manager Nicolai Tangen, under fire since his appointment.
Working from Home: Maybe Not So Great After All
Polls show white-collar workers want to go back to the office, at least for some of the time.
Class of 2019 NextGens: Where Are They Now?
One year later, the most recent class of future leaders is moving up and shaping investment decisions in a markedly changed landscape.
Former Bridgewater Co-Chief Eileen Murray Appointed to FINRA, HSBC Positions
One of the most notable female leaders in finance has accepted two new leadership positions after her exit from Bridgewater.
CPPIB Ex-Chief Mark Wiseman Named AIMCo Board Chair
The industry head joins the Alberta investment manager just as the province is considering seceding from the national plan.
Exclusive: Raphael Arndt’s Ascension to CEO of the Future Fund
Arndt discusses with CIO his leadership strategies focusing on the democratization of intelligence and empowering individuals within the fund.
Unease Remains Around Incoming Chief at Norges Bank
The supervisory board at the sovereign wealth fund told the national parliament that further control measures are needed to prevent conflicts of interest.
At Least Boeing’s Stock Isn’t in Its Pension Plan Anymore
Controversial 2017 contribution of $3.5 billion in company shares to the retirement program apparently was divested, long before the current share-tanking mess.
Presbyterian Church, Illinois Police Pensions Name New Leaders
Donald Walker tapped as CIO of church pension while Richard White will be interim head of new police fund.