Zurich Replaces CIO to Run $200B
Cecilia Reyes is to move to a different role within the organisation.
Newsmakers
Prof Andrew Ang to Lead BlackRock’s Factor-Based Strategies
The financial economist will leave Columbia Business School to manage $125 billion for the world’s largest fund manager.
The Arranged Marriage
OCIO acquisitions leave institutions with under managers they never hired. How—and how not—to pull it off.
Pension Giant Buys GE Unit
The Canada Pension Plan Investment Board has agreed to purchase GE Capital’s private-equity lender Antares Capital.
Helmsley Trust's Alts Chief Quits for OCIO Giant
Northern Trust has nabbed Bei Saville to lead its endowment and foundation outsourcing business.
Los Angeles County’s CIO Resigns
David Kushner, two-time member of the Power 100, quit his post at the $48 billion fund as of May 29.
Is ADIA a Threat to Asset Management?
ADIA has successfully
insourced massive amounts of it portfolio. With its size and clout, does this
spell trouble for the traditional asset management industry?
Lyxor Exec Quits for Hedge Fund Start-Up
Michael Bernstein—who led the French firm’s push into the US—is leaving for a soon-to-launch hedge fund.
Wilshire OCIO Business Names CIO
Steven Foresti, Wilshire Consulting’s chief investment researcher, has been tapped to lead the consulting and OCIO division.
Asset International Bolsters Risk Management, Compliance Roster
CIO’s parent company has acquired a European governance-focussed firm.
NYU Hires Health Care Veteran as CIO
Kathleen Jacobs will join the $3.5 billion endowment from New York-Presbyterian Hospital beginning in August.
Abu Dhabi Staffs Up with US Equity Hire
Internal management is becoming increasingly important for the sovereign wealth fund.
Alcoa CIO Joins Iconoclastic 300 Club
Ron Barin has joined the institutional investor group committed to questioning the status quo.
San Diego County Hires CIO
Stephen Sexauer, former CIO of Allianz’s US multi-asset team, will lead the $10.6 billion portfolio as the fund moves away from OCIO Salient Partners.
New York Life CIO Appointed President
John Kim’s seven-year tenure in charge of investments has landed him the top job at New York Life.