Kari Vatanen replaces Niina Bergring, who left to join Helsinki’s Aktia Bank.
Famed investor had backed out of most equities so he missed 2019’s huge rally.
With almost all of its external active equity managers fired, CalPERS is moving billions into its own internally managed index strategies
Allocations for both traditional and emerging equity managers were slashed from $33.6 billion to $5.5 billion, and only four of 22 managers have been spared.
Allyson Tucker will replace Gary Bruebaker, who served as CIO since 2001.
$133 billion program poaches top investor from P+.
Cheigh succeeds Joseph Harvey to oversee investment of firm’s $70.8 billion AUM.
BlackRock retains the title of world’s largest asset manager for ninth straight year.
Despite disappointing returns, CIO Narvekar says there is ‘some good news.’
NACUBO says Congress members are preaching to the choir.
Scott Stringer criticized leadership teams ‘that look like they’re out of the 1950s.’
Collaborating with Solovis to transform data and processes, the university expects to save $2 million annually over 10 years with more agile platform.
RFPs, shortlists and when to hire a search firm.
Managers can lose millions by either overpricing or under-pricing fees.
New developer announced a week after the fund terminated the previous developer’s contract.