HBOS, Lloyds Appoint Joint Pension CIO
Two of the UK’s largest high street banks are streamlining the management of their pension funds with the appointment of an outsourced CIO.
Newsmakers
UK Pensions Told to Copy Canada, SWFs
UK pensions should be able to compete on the international stage, and can draw inspiration from major overseas investors, London’s pensions body believes.
HBOS Pension Investment Chief Exits
Larissa Benbow has left her role at the helm of the UK bank’s £10 billion pension.
The Consulting Fund Manager: Mercer AUM Hits $115B
A busy year for the consultant-turned-investor saw its global assets grow by 33%.
Future Fund Alts Head Joins Hedge Fund Standards Board
A Forty Under Forty alum has joined a group seeking to raise disclosure and governance standards in hedge funds.
Bob Grady Joins PE Firm Gryphon Investors
Four months after his exit from the New Jersey pension plan, the former White House policy advisor is returning to direct private equity investments.
$4T Investor Group Backs UN Human Rights Initiative
Swedish and Dutch pensions are among a 60-strong group of investors calling for companies to take into account the risks of failing to uphold employees’ human rights.
UK Infrastructure Project Plots Expansion
A collaboration backed by some of the UK’s largest pensions is aiming to roll out more products.
Swedish Local Government Pension CEO to Exit
Lars-Åke Vikberg has run the KPA public pension fund since 2009.
Academic (Ir)relevance
Meet the professor putting research back at the heart of investing—and the asset manager who’s helping him.
Reports of My Death Have Been Greatly Exaggerated
Hedge funds nearly drowned in 2014, beset by bad news and bad returns. Prepare for a comeback.
PIMCO’s Chief Economist Resigns—Again
Paul McCulley is leaving PIMCO for the third time, five months after Bill Gross’ own exit.
Letters to the Editor: February Issue
Abuse for Assistant European Editor Nick Reeve and props on CIO’s coverage of diversity—or lack thereof—in asset management.
Rolling that Rock Back Up the Hill
Nick Bonn has spent the past three years attempting to restore State Street's image in the transition management space. Has he been successful?
The Search for the New Forty
From “aged, serious, and grey” to young, hungry, and humble: CIO seeks a fresh roster of Forty Under Forty.