Manager Selection
James Wesley Promoted to CEO of Nikko Asset Management Americas
NYC Pensions Increase Allocation to Emerging Managers Following Outperformance
Minority- and women-owned managers have beaten the city’s pension funds’ benchmarks in all asset classes since 2015.
Kathleen Jacobs Named CIO of RWJBarnabas Health
Texas Permanent School Fund Appoints Robert Borden new CEO
New York State Pension Commits More Than $1.3B in Investments in August
The majority of the month’s investment commitments were earmarked for the pension giant’s real estate portfolio.
Nebraska Investment Council Appoints Ellen Hung as State Investment Officer
Illinois Teachers’ Names Ghiané Jones as Deputy CIO
Previously an investment consultant with Meketa, Jones started in the newly created position on October 10.
Charles Stewart Mott Foundation Names Nancy Orr as New CIO
Interim Sharcus Steen Appointed Long-Term CIO of University System of Maryland Foundation
AP3 Announces New CIO as Talent Scramble Heats Up
Swedish pension funds Alecta and AP3 have made several strategic hires following Alecta’s losses in the spring’s U.S. regional bank failures.
BAE Systems Outsources Management of 2 UK Pension Funds to Goldman Sachs
At 23 billion pounds, the OCIO mandate is the largest in UK history, according to the asset manager.
Illinois Police Pension Seeks Active Manager for Small, Mid-Cap Stocks
The $9.4 billion Illinois Police Officers’ Pension Investment Fund has $450 million in international small-cap stocks.
Church Pension Group Names Michael Hood CIO
Roger Sayler is retiring after nine years with the Episcopal Church’s investment manager.
Re-Mixing Asset Allocation: Insurers Decrease Bonds, Then Do a Partial Reversal
The industry also is expanding its exposure to stocks and alts, amid rising rates.