Forty Under Forty Nominations Open
Recommendations for this year’s list of rising stars in the industry will be accepted until Feb. 20.
Newsmakers
Former HP CIOs Join OCIO Firm
Ken Frier and Gretchen Tai will spearhead the new west coast office of SECOR Asset Management.
Norges Bank Appoints Asset Management CIO
Former portfolio management chief Geir Øivind Nygård has been named head of asset strategies at the Norwegian sovereign wealth fund.
Ironworkers In Cleveland to Vote on Whether to Reduce Benefits
Iron Workers Local 17 Pension Fund is the first multiemployer plan to win approval from the Treasury Department to reduce benefits.
Future of Social Security Benefits in Question
SS benefits are on par for a 31% reduction by 2029, CBO reports.
UPS’s Greg Spick Voted Next Generation Winner
Nearly 100 asset owners cast ballots at the Influential Investors Forum to name the industry’s top young leader.
Farmers Insurance Taps New CIO
Tom Rogers joins from Zurich Insurance, succeeding Karyn Williams.
16 Signs You Were a CIO in 2016
Risk management started to mean, “How will my portfolio perform in a Mad Max Beyond Thunderdome scenario?”
Washington University’s Kim Walker Steps Down
Walker will be leaving the $7.5 billion endowment by the end of the year, while the university searches for her successor.
An Insider’s Perspective on the Yale Endowment
Former Yale investment committee chair Charles Ellis on David Swensen, crowding, and whether or not the Yale Model is broken.
Is the Yale Model Broken?
Declining returns and current market conditions have some questioning the infallibility of the endowment model—pioneered and perfected by David Swensen—and looking to reinvent.
Columbia Endowment Names New CIO
Tim Donohue will replace Peter Holland following his promotion to CEO.
FEG Acquires Dallas-Based Consultant Larry Thompson & Associates
The merged group will advise $58 billion in assets and expand into four office locations.
Louisiana Municipal Pension Hires Inaugural CIO
Christopher Saik will lead the $800 million fund after a year-long search.