CIO, Executive Director Resign From Embattled Pennsylvania PSERS
Jim Grossman will stay on until May, while Glen Grell will leave at the end of February.
Manager Selection
Blackstone Taps SASB Founder Jean Rogers as ESG Head
It’s the latest in a slew of recent ESG-related hirings by the private equity giant.
Canada’s CPPIB Taps Deborah Orida as Its First Chief Sustainability Officer
The pension fund’s Sustainable Investing group will be moved to the Real Assets department.
The Fed Will ‘Wimp Out’ on Tightening, Roubini Predicts
Dr. Doom’s latest call: Forget about rate hikes or tapering, at least anytime soon.
BlackRock Launches Service to Include Annuities in 401(k) Plans
The asset management giant has signed up five sponsors in a new program aiming to provide a lifetime of retirement income.
What’s Buzzy: Cathie Wood Likes T-Bonds Over Large Caps
The doyenne of disruption thinks deflation will change the game board. Except for her beloved Tesla.
Madoff Victim Fund Distributes Another $568 Million
The seventh distribution brings the total compensation to victims of the world’s largest Ponzi scheme to more than $3.7 billion.
Job Posts Suggest Franklin Templeton Is Ramping Up Crypto Investing
The asset manager, which has over $1.55 trillion in AUM, is looking to hire a cryptocurrency trader and cryptocurrency analyst.
How Nashville and Davidson County Pension System Got 115% Funded
CIO Fadi BouSamra expects to add two more venture capital funds by the end of the year.
LPL Financial CIO Burt White to Retire in 2022
He will step down in March after 15 years with the firm.
Yale Chooses CIO from Within
Venture capital director Matthew S. T. Mendelsohn has been tapped to lead the $31.2 billion endowment.
War of the Celeb Investors: Cathie Wood vs. Michael Burry
The Big Short seer bets against the momentum queen’s suddenly weak ETF.
Allocator Insights Webinar August 17: Consultant’s View
Taylor Mammen, Heidi Poon, and David Tatkow will discuss the best opportunities for investors at 2 p.m.
Some of the UK’s Largest Asset Managers Back Diversity Initiative
Asset Owner Diversity Charter signatories represent $1.3 trillion in assets under management.