Irish Public Pension Fund Chief to Retire
Conor O’Kelly has been selected to lead Ireland’s National Treasury Management Agency, replacing John Corrigan.
Newsmakers
Eurozone Pensions Count the Cost of Falling Rates
Actuarial rates have wiped 600 basis points off of funding ratios in Germany despite a strong year in performance terms.
San Diego, Public Outsourcing Pioneer, to Recruit Internal CIO
The $10 billion fund’s board has voted to return to a model featuring an internal CIO.
Dan Loeb Triumphs Against Sotheby’s, Dow Chemical
Sotheby’s CEO has agreed to step down and Dow Chemical has added four directors to its board after yearlong battles with the activist investor.
New Hedge Fund, PE Heads at NYC Pension
The $160 billion system has promoted two staffers to lead its alternatives buckets.
U. California CIO Installs New Investment Team
Jagdeep Bachher has hired or promoted at least 14 staffers in the past few weeks, CIO has learned, and is actively recruiting for more.
New CIO for London's Largest Pension
A career asset manager has taken the reins at one of the UK’s biggest public sector pensions.
AIMCo Names Former Pyramis Executive as New CEO
Kevin Uebelein is set to replace outgoing CEO Leo de Bever in the sovereign wealth and pension fund’s top job.
Grady Steps Down as NJ Pension Chairman
After a five-year run marked by outperformance and political drama, Bob Grady has resigned his post at the $80 billion fund.
Japan Pension Giant to Appoint First CIO
The GPIF is to reorganise its internal investment structure.
SSgA Sells Hedge Fund Business
The asset management firm and hedge fund group SSARIS will part ways after 13 years of affiliation.
What Is Russell Investments?
Lured by the indexing business, the London Stock Exchange got a consultancy and asset manager in the bargain. So what happens to them?
Is the Pursuit of Alpha Sabotaging Investment Success?
Investors
and managers are focusing too much on alpha and not enough on achieving their
long-term goals, State Street has argued.
Dispute Over Gross’ $290M Bonus Report
PIMCO says its two former top executives did not earn nearly half a billion in bonuses in 2013, as has been widely reported.
US Foundation Joins OCIO Trend
A Detroit-based foundation has outsourced its investment functions to Investure.