Wells Fargo to Pay $3 Billion Settlement for ‘Gaming’ Investors
Payment includes $500 million civil penalty distributed to investors by SEC.
Corporate Moves
Skjervem Resigns From Oregon State Treasury
The chief investment officer is moving to an investment management consulting firm in Northern California.
CalPERS Critic Left Off Investment Committee
As panel is downsized to 9 members, Margaret Brown is removed from the list. Also gone: State Treasurer Fiona Ma
Ernst & Young Plans to Go Carbon-Neutral by End of Year
Why would a white-collar company be an environmental threat? Think voluminous air travel.
Columbia University Endowment CEO to Step Down
Peter Holland's resignation comes just a few months after CIO’s departure.
OMERS Selects Infrastructure Veteran as New Chief Pension Officer
Annesley Wallace will replace Blake Hutcheson, who recently was named CEO of the organization.
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.