Johnson & Johnson Picks Pension CIO
Exelon’s Neil Roache has been named CIO of the Johnson & Johnson Pension Trust.
Newsmakers
Multi-Asset’s Multiple Personality Disorder
CIO’s youngest reporter attempts to figure out what exactly multi-asset is—and if it’s any different from OCIO.
Lloyds Pension Strategy Chief Exits for Hedge Fund
Stephen McMillan is the third senior pension staffer to leave the £37 billion fund in less than 18 months.
S&P: Asset Owners ‘Hold the Key to Long-Termism’
Institutions cannot rely on company boards to tackle other investors’ short-term focus.
A Robot Wants Your Job
The investor of the future may already be incubating in a computer lab. Time to adapt to survive.
Automatons for the People
The probability of robots replacing CIOs, according to European Editor Nick Reeve.
CalPERS Hiring for In-House Private Equity Team
The $291 billion public pension fund seeks a staffer to oversee strategic private equity partnerships, co-investments, and funds-of-funds.
Ex-Harvard Endowment VP Named Lehigh University CIO
Kristin Agatone—managing director at outsourced-CIO firm Summit Rock—will lead the $1.2 billion endowment.
Northern Trust Bolsters $60B OCIO Unit
Jessica Hart, a multi-manager investing expert, has been tapped to lead Northern Trust’s outsourced retirement assets.
Johns Hopkins CIO to Step Down
Kathryn Crecelius will leave the $3.4 billion endowment after nearly 11 years at the helm, CIO has learned.
After Member Revolt, Investor Trade Body Seeks to Rebuild
A former leader of the financial advice industry will become CEO of the Investment Association, and the figurehead of asset managers, later this year.
Fraud Charges, Arrest for Ex-State Street Transition Managers
Ross McLellan and Edward Pennings are guilty of “brazen fraud” and “backroom plotting” in overcharging transition management clients, US prosecutors claim.
L&G Hires for Cross-Border De-risking
Matt Wilmington has joined to lead major projects with international clients.
Can SWFs Improve Hedge Fund Transparency?
The International Forum of Sovereign Wealth Funds will collaborate with the Hedge Fund Standards Board to improve governance, transparency, and interest alignment.