Why the Heathrow Express Is Insanely Expensive
On the sorry state of the UK’s infrastructure—and the woefully lagging institutional appetite for investing in it.
Newsmakers
Anders Hjælmsø Svennesen Sits at the Head of the Table
The former ATP co-CIO has wasted no time in getting to work since joining Danica—leaving little breathing room in which to speak to journalists…
300 Club: Why Dumping Old Benchmarks Will Save the World
A group of international influential investors have argued for a new approach that will benefit society—as well as your investments.
MassPRIM Appoints New Deputy CIO Amid Reshuffle
Fresh from joining CIO’s Forty Under Forty, Sarah Samuels has been promoted.
Does Scale Really Make Investing Cheaper?
Research by Barnett Waddingham suggests that large UK pensions may not be getting the full benefits of scale.
The Future, According to the Future
Two trends dominate this year's Forty Under Forty: the rise of technology and the decline of active management and alpha.
UPS Loses Liquid Alts Chief to Hedge Fund
Leo Svoboda will be joining NYC-based hedge fund Penso Advisors in May.
The Divided Kingdom of Newport Beach
Bill Gross and PIMCO: Is there room in this town for the two of them?
Penn Teachers Appoints Executive Director
The $52 billion public pension has appointed a state representative to its top job.
Fees, Lawsuits, and the Fate of TDFs
Do plan sponsors have a fiduciary duty to choose the cheapest target-date solution?
The Capitalists’ Guide to ESG
Is it possible to create real financial value from doing good?
OCIO Firm Wurts Rebrands as Verus
A new name but unchanged focus—OCIO, risk advisory, and consulting—for the Seattle-based firm led by CEO Jeffrey MacLean.
Larry Fink: We Are Poisoned with Short-Termism
BlackRock’s CEO warns of today’s “gambling culture” and the dangerous need for instant gratification.
Ex-JPM Transitions Chief Joins New Market Entrant
Is transition management coming back to life? Cantor Fitzgerald joins the market.