Dutch Doctors Pension Cuts Out Performance Fees
SPH removes performance bonuses for asset managers as it de-risks its €9.5 billion portfolio.
Newsmakers
UK Infrastructure Project Makes Senior Hires
An infrastructure expert from Lloyds Bank has been hired by the Pensions Infrastructure Project to lead the expansion of its internal team.
KKR Co-Founder Kohlberg Dies
A pioneer of the leveraged buy-out, Jerome Kohlberg has died aged 90.
AIG Appoints Bond Expert Douglas Dachille as CIO
The insurer has also agreed to acquire Dachille’s fixed-income firm, First Principles.
ADIA Names BlackRock Alum to In-House Equities Team
The world’s second largest sovereign wealth fund has hired a noted Japan specialist.
The Endowment Bracket: Harvard, Yale, and the Sweet Sixteen
A-List endowments go head-to-head in part three of CIO’s Google Trends series.
How Asset Management Can Save Itself
Raising more than $1 billion in an investment product may well have been more luck than skill, according to a new report.
London Pension Urged to Divest from Fossil Fuels
Pressure is building in the UK capital to reduce the risks it faces from climate change and extreme weather.
Wanted: CIO to Lead UAW’s $55B Medical Trust
The position has been vacant since Ken Frier’s exit last September, and UAW is looking for the industry’s very best to fill the spot.
Merrill Lynch CIO Resigns for Family Office
Ashvin Chhabra—former CIO of Institute for Advanced Study—will be heading up Euclidean Capital, billionaire hedge fund manager James Simons’ family office.
DTE Deputy Leaves for Fisher Family Office
Forty Under Forty member Kevin Kenneally will become the Fisher Group's director of investments.
Dallas Pension Takes Hit to Real Assets Portfolio
As the Dallas Police & Fire Pension hunts for a CIO, the reality of the task ahead becomes clear as losses of $460 million are reported.
Stanford CEO Dismisses Majority of Investment Team
All but a handful of Stanford’s investment staffers have lost their jobs under new CEO Robert Wallace, CIO has learned.
Nominations Open for Industry Innovation Awards
You have until August 14 to tell us which asset owners and managers deserve to be singled out for innovations in business, strategy, and performance.
Star Dutch CIO to Lead UK Electricity Pension
Power 100 alum Rob Schreur is moving to the UK to oversee National Grid’s new pension strategy.