Northern Trust Nabs Funds-of-Funds Firm, Another OCIO Client
Aurora Investment Management and Herzing University’s endowment have joined the fold.
Newsmakers
Arizona Pension Names CIO
Private markets head Karl Polen has been promoted to lead the $32 billion retirement system.
Mats Andersson to Exit Sweden’s AP4
The influential CEO is the latest to announce his departure from the Swedish public pension fund.
Control Freaks
The biggest fund managers in the world are doubling down on multi-asset. Are asset owners willing to cede control?
DDIY: Don’t Do It Yourself
Taking control is a lot more nuanced than deciding to in-source vs. outsource, says CIO’s European Editor Nick Reeve.
Risk Parity, Smart Beta, OCIO: The Survival of Buzzwords
Once dismissed as fads, these strategies’ staying power took investors by surprise—but shakeouts loom.
TIAA’s OCIO Wins Another Mandate
Covariance Capital Management will manage a portion of the University of Connecticut Foundation’s $363 million endowment.
Inalytics Expands Into US Markets
The financial technology firm is also bringing manager analysis to fixed income and credit.
TIAA-CREF Rebrands as TIAA
The asset-managing giant said it would aim for “simplicity, clarity, and engagement” with a shortened name.
‘Brexit’ Fears Mount for Asset Managers
The UK will vote on its membership of the EU this summer, and asset managers are already weighing the risks they face.
Carlyle To Close Hedge Fund-of-Funds Arm
Just two years after acquisition, Carlyle is shutting down Diversified Global Asset Management to better focus on private equity and real estate.
HSBC’s Pension CIO De-Risks on His Own Terms
Why pay an insurer to profit off your liabilities? A $33 billion portfolio says you don’t have to, according to Mark Thompson.
Sweden’s AP4 CIO to Exit
Magnus Eriksson is moving to London “for family reasons.”
NY Nurses’ Longtime Pension CIO Steps Down
After 16 years, Russ Niemie will exit the $3 billion fund for “a new challenge,” CIO has learned.
America: Land of the Free, Home of Mediocre Public Fund Investing
Ashby Monk on why pension funds in Canada and other backwaters beat out their American counterparts.