Kresge Foundation Funds Talent Pipeline
The nonprofit is putting its trust—and a slice of its $3.5 billion portfolio—in the hands of local students to foster future investors.
Newsmakers
Margin Pressures Force Managers to Think Long-Term
Fund groups are seeking to invest more in technology and better systems to improve efficiency as margins come under pressure.
Sovereign Funds Rally Against Manager ‘Super-Profits’
Opaque fee structures and inflated transaction costs became targets at SWFs' annual meeting.
Another Leader Exits Harvard Endowment
Alvaro Aguirre-Simunovic is stepping down after the $37.6 billion endowment reported modest returns.
Qatar Fund Opens NYC Office Targeting $35B US Investment
New York City has become a new home for the Middle Eastern investment giant.
Did You Go to the Best School for Asset Management?
The University of Chicago and Harvard are among the top colleges providing talent to the asset management industry, according to eVestment.
Aviva Appoints Replacement as McKinlay Exits CIO Role
A Forty Under Forty alum has stepped up to fill the top role at the UK insurer’s staff pension, while AXA IM has tapped a rival asset manager for a key sales position.
Alaska’s Willoughby Scores TIFF CIO Role
The CIO of the $52 billion Alaska Permanent Fund will take over the prestigious role in October.
CalPERS Receives Top Score for ESG
The UN-backed PRI has awarded the $300 billion pension fund the highest grade possible for sustainable investing.
£3B in Passive Mandates Up for Grabs as Wales Joins Pooling Push
Eight Welsh pensions are planning a collective investment vehicle to pool their passive equity investments.
Kentucky Teachers CIO to Retire
Paul Yancey is to leave the pension after almost three decades.
US Public Pensions 'On the Road to Recovery'
After declines in funded levels over the past five years, state pensions are beginning to grow again, according to a new report.
Women in Alts Find No Favor Despite High Performance
Hedge funds owned or managed by women find capital-raising difficult, even while leading the industry in returns, according to KPMG.
Priceless Artifacts, Extra Pandas, & $1B: Investing the Smithsonian
CIO Amy Chen goes back to basics.