‘Once and For All’: Asset Managers Take on Diversity
The Investment Association and other leading industry representatives want to harmonize national efforts to improve diversity in asset management.
Newsmakers
CalPERS Names Operations Deputy as Interim CEO
The $291 billion fund expects to have a permanent leader within weeks.
Deloitte Buys Consultant Casey Quirk
The asset-management consultancy, formerly independently owned, will rebrand as Casey Quirk by Deloitte.
300 Club Appoints Chair
Stefan Dunatov becomes the first asset-owner CIO to lead the industry think tank.
BP Investment Chief Quits
John Bearman is leaving the UK pension fund after less than four years, CIO has learned.
Scott Malpass Appointed TIFF Chair
The University of Notre Dame’s long-serving CIO will lead the $9.5 billion fund’s board of directors.
UBS Builds Out Hedge Fund Manager
O’Connor has added seven portfolio managers from Point72, GLG, and Citadel to its roster.
Gundlach, Gross Take Aim at Central Banks
Bill Gross, Jeff Gundlach, Rick Rieder, and Larry Summers sound off on central bank policy as the Federal Reserve announces its latest interest rate decision.
Unilever CIO Joins Industry Think Tank
Mark Walker is the 18th member of the nonconformist 300 Club.
Rutgers Hires NJ Pension Deputy as First Endowment Chief
Jason MacDonald will take over the $1 billion fund mid-July.
Brexit: What’s At Stake?
Ahead of next week’s crucial referendum on Britain’s membership of the EU, CIO looks at some of the pros and cons.
New CIO Named at Korea Investment Corp
Hanwha Asset Management’s Shinwoo Kang leads the $91.8 billion sovereign wealth fund following the resignation of Heung-sik Choo.
Cambridge Scoops Private Equity Talent from BP
Vicky Williams has left the oil giant’s UK pension team to become a consultant.
World Bank Nabs Korea's Sovereign Fund CIO
With no successor named, Heung-sik Choo departs to oversee $130 billion investment pool.
CPPIB’s Wiseman and Machin Defend Active Management
The $217 billion pension fund’s outgoing CEO and his successor respond to recent criticism of CPPIB’s investing strategy.