Greece's Rockstar Economist on How to Fix Europe
Yanis Varoufakis, former Greek finance minister, tells an enthralled audience of pension professionals of a dark future for Europe and why the UK must stay in to have any chance of fixing it.
Newsmakers
Dalio, Bridgewater, and Asset Management’s Succession Quandary
What third-world dictators and many asset managers (Dalio excepted) have in common, according to long-time industry watcher—and CIO’s founder—Charlie Ruffel.
Former Harvard CEO Jane Mendillo Joins Lazard Board
The ex-endowment chief will join Richard Haass, the Council of Foreign Relations president, on Lazard's board of directors.
Bridgewater's Client Letter: Read It in Full
The note, sent March 10, announces Jon Rubinstein's hiring and Ray Dalio’s revised succession plan.
Allstate CIO to Retire
Judy Greffin will leave the $78 billion insurer after 25 years.
Bridgewater Hires Ex-Apple Exec as Co-CEO
Jon Rubinstein will take on management responsibilities while Greg Jensen will remain as co-CIO.
PGGM Loses Private Markets CIO
Power 100 alumnus Ruulke Bagijn has left the Dutch pension giant to join French asset manager AXA.
Texas Teachers, CPPIB Among Nominees for Inaugural Overseas Award
Some of the most influential asset owners worldwide are shortlisted for a new satellite office category at CIO Europe's Industry Innovation Awards on June 2 in London.
Northern Trust Nabs Funds-of-Funds Firm, Another OCIO Client
Aurora Investment Management and Herzing University’s endowment have joined the fold.
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.