DIY-ing LDI: Building an In-House Matching Portfolio
The Pension Protection Fund hired Trevor Welsh just over a year ago to insource its LDI capabilities. CIO finds out how he’s progressing.
Newsmakers
Hilton Foundation Deputies Named Co-CIOs
Yatin Patel and Michael Buchman have been leading the foundation since Randy Kim’s abrupt exit in May.
NEST CIO to Chair EDHEC-Risk Board
Mark Fawcett succeeds AP2’s Tomas Franzén in the chairman role.
The Canadian Model to Getting Very, Very Fully Funded
HOOPP went LDI in 2003, light years ahead of its peers. But CIO Jim Keohane says he’s not finished—even after the funded status reached 122%.
Dartmouth CIO Pamela Peedin Resigns
A search is underway to replace the investment chief when she steps down in June.
How IBM Went LDI: Ray Kanner’s Exit Interview
A recently retired Kanner looks back on two decades at IBM’s pension—a period of transformation not just for his fund, but the industry as a whole.
PGGM Names Infrastructure Head
Erik van de Brake replaces Frank Roeters van Lennep, who was promoted to private markets CIO earlier this year.
LGIMA Appoints New CEO
The LDI provider appointed Aaron Meder, CIO of European parent company LGIM, as head of its American business.
Why Robin Diamonte (Maybe) Changed Her Mind about PRT
Only a few years after the United Technologies CIO created a lifetime income option to the envy of many corporate chiefs, she strikes again with a $1.8 billion buyout/lump sum.
The Aftermath of a Trump Victory
The unexpected election of Donald Trump unleashed a wave of market uncertainty as investors tried to predict what the next four years would look like.
Trump vs. Clinton: Does It Matter?
The Fed rate is a bigger issue for investors than the presidential election outcome, sources say.
Australia’s VicSuper Names CIO
Andrew Howard will assume leadership of the $13 billion fund later this month.
The Last De-Risking Issue?
Investors and managers alike are looking forward.
Announcing Next Generation, Consulting Innovation Award Finalists
Select members of CIO’s Forty Under Forty and Knowledge Brokers lists have been named finalists for the 2016 Industry Innovation Awards.