Goldman Sachs Veteran Tapped as Japan’s GPIF CIO
Eiji Ueda will take over the $1.5 trillion plan as it pushes into foreign assets.
Corporate Moves
OP-ED: Why Shareholder Meetings Should Go Virtual in 2020
Regulations are needed to allow for virtual shareholder meetings in the wake of COVID-19.
CalSTRS CEO Jack Ehnes Postpones Retirement Because of Coronavirus
The decision came after a request from the board, which said it needs time to conduct an executive search.
HOOPP’s Jeff Wendling Elevated to Chief Executive
The current CIO helped develop the liability driven investment approach the Ontario health care fund is known for.
Aon Buys Willis Towers Watson in $30 Billion All-Stock Deal
The transaction will form the biggest insurance broker in the world.
CalSTRS CEO Jack Ehnes to Retire in September
Head of $252.4 billion pension fund to step down after more than 18 years on the job.
Wells Fargo to Pay $3 Billion Settlement for ‘Gaming’ Investors
Payment includes $500 million civil penalty distributed to investors by SEC.
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.