Gross: PIMCO Guilty of “Intentional Misconduct” in Lawsuit
Bill Gross is demanding the courts sanction PIMCO for “willful and bad-faith obstruction” in pursuing his $200 million lawsuit.
Newsmakers
Southern Methodist University Picks CIO
Endowment veteran Rakesh Dahiya will lead SMU's $1.5 billion fund.
APG, PGGM Bolster Sustainable Investing Efforts
“Together we can change the world to make to make it a better place to live and retire in,” Dutch pensions declare.
University of Toronto Names New CIO
Managing Director Daren Smith has taken over following William Moriarty’s retirement.
Texas ERS Hedge Fund Chief Exits
Robert Lee will join Texas Tech University System as deputy CIO in October.
Man Group Restructures Following CEO Exit
Sandy Rattray is the hedge fund giant’s new CIO as part of a raft of senior management changes.
Voya Appoints Asset Management CEO
Jeffrey Becker is stepping down after seven years, with Christine Hurtsellers succeeding him.
Cbus to Significantly Expand Internal Team
The A$34 billion superannuation fund is planning to increase its investment staff by 74%.
ATP Loses Chief Executive
Carsten Stendevad has resigned from the Danish pension just two months after the departure of CIO Henrik Gade Jepsen.
A $13T Ultimatum on Climate Change
More than a hundred asset owners and managers called on G20 nations to fulfill the promises of the Paris Climate Agreement.
Goldman Sachs Shuts Australian TM Office
Transitions for Australian clients will now be run from London.
Harvard Endowment Hires Natural Resources Chief
Colin Butterfield joins the $37.6 billion fund less than a month after CEO Stephen Blyth announced his resignation.
Strategist Exits BP Pension
Keith Shepherd is the second senior executive to leave the UK pension this year, following John Bearman’s exit in June.
CalPERS Bulking Up Senior Team
America’s largest pension fund is seeking a head of opportunistic credit for its investment executive group.
FEG Bolsters OCIO with New Asset Owner Hire
Ex-CIO of Southern Methodist University has joined the Cincinnati, Ohio-based consultant and OCIO.