Diversity—Let’s Get Real
Some of those waving the flag for equality in financial services are doing little more than paying lip service, argues Gina Miller of wealth manager SCM Direct.
Newsmakers
Why You Do Your Job
Kip McDaniel on Harold Backer’s pyramid scheme and why this story matters to asset management.
Asian Development Fund Names Inaugural CIO
A former minister in the Indian government will lead the investment operations of the Asian Infrastructure Investment Bank.
The Useless Annual Ritual Asset Managers Should Stop
Spoiler: Most of those holiday cards don’t even get opened.
CIOs Play Powerball
The winnings: $1.5 billion. The investment mandate: Whatever you want.
Allianz Adds Another Bond Manager to Roster
PIMCO’s parent company has agreed to buy London-based Rogge Global Partners.
Red Cross Nabs Staff From Boeing, GW University
Jane Western and Carol Anne Lindsey have joined the $5 billion non-profit fund, and the recruiting continues.
QIC CIO Departs for Middle Eastern Fund
Adriaan Ryder is leaving the $57 billion Australian fund manager after seven years at the helm.
Redington Hunts for Dedicated CEO
The co-founders of the UK-based consultancy are stepping down from one of their leadership roles.
SEI Appoints New Head of OCIO Service
Paul Klauder will take over the firm’s institutional group following Edward Loughlin’s retirement.
Ontario Teachers’ New CIO Sets Leadership Team
Two roles have been created as the C$154 billion fund sets up its new-look senior staff.
DC Poised to Overtake DB
Defined contribution assets are growing at twice the rate of defined benefit pensions, according to Willis Towers Watson.
Arizona Pension CIO Quits for Foundation
Gary Dokes is to depart after 13 years for a $760 million Arizona charity fund.
TIAA-CREF Reveals Reorganization
Following a similar move by BlackRock, the asset manager is scrapping subsidiaries for a standalone real assets business.