Tim Jones Quits as NEST Chief Executive
The head of the UK’s national pension fund has resigned from his role to return to the digital payments sector.
Newsmakers
How Not to Merge a Pension Fund
Public pensions around the UK are working more closely than ever before. But why can’t they all play nicely?
UK Pension Funding Hits Worst-Ever Shortfall
Aggregate deficits have ballooned by £101 billion in a month across UK corporate schemes.
How Did Your Country’s Pensions Fare in 2014?
Currency movements meant pension fund asset growth was much lower in dollar terms than in 2013.
Paulson & Co. Loses Distressed Debt Expert
Dan Kamensky, who led Paulson’s charge in multiple bankruptcy investments, has decided to leave the firm.
China’s ‘Hard Landing’ Spells Doom for Europe, Economists Warn
An economic consultancy has set out a dire forecast for China’s growth—and Europe could bear the brunt of the fallout.
LSE to Sell Russell's Investment Management Business
After an extensive review, the London Stock Exchange has decided to sell Russell’s investment management business and keep its indexes.
CalPERS Names New Chief of Real Assets
Paul Mouchakkaa will succeed now-CIO Ted Eliopoulos to lead the pension plan’s $29.6 billion real asset portfolio.
Guggenheim Sells Hedge Fund Unit
Guggenheim Global Trading’s managing partners and Mark Standish, former Co-CEO of RBC Capital Markets, have bought the multi-strategy hedge fund.
Asset Managers Break Promises on Responsible Investment
A new report has shown damning evidence of shortfalls in reporting and compliance with the UK’s Stewardship Code for investors.
Must Try Harder: Long-Termism and Governance Still Lacking, Study Finds
Investors are paying lip service to long-term investing and there is room for significant improvement across the board, say two influential consultants.
U. California Stacks Talent with Another CIO Hire
Following an international search, UC has hired Sacramento County CIO Scott Chan to lead the $90 billion system’s public equity portfolio.
John Lewis Investment Chief Exits for OCIO Role
The UK retail chain’s pension CIO is to join Aon Hewitt’s outsourced CIO business.
PSP Investments Hires New CEO from CPPIB
After six months of international searching, the Canadian pension has hired from down metaphorical road.
AIMCo Promotes MacMaster to CIO Role
Public markets investment chief Dale MacMaster will now oversee the whole of the $80 billion portfolio.