Neal Takes Top Job at Australia's Future Fund
As David Neal ascends to managing director, the CIO role at one of the largest funds in the Asia Pacific region is now up for grabs.
Newsmakers
IFC Private Equity CIO Steps Down After 14 Years
David Wilton,
who built out the World Bank affiliate’s $4 billion private equity portfolio,
will be leaving in July.
PIMCO Hires Hedge Fund Guru Geraldine Sundstrom
The
ex-Brevan Howard manager will join the bond shop’s multi-asset group in 2015.
Weinberg Foundation Nabs Ohio State’s CIO, Interim CIO
After hiring away the endowment's CIO, the $2 billion fund has added an investment deputy from the same office.
Harvard’s Jane Mendillo Resigns
Mendillo
will leave the $33 billion endowment at the end of the year after serving six
years as its leader.
Saudi Arabia Planning Second Sovereign Fund
The country's second sovereign wealth fund will invest government budget surpluses.
Macquarie Takes BNY Mellon’s Discarded Transitions Team
Despite industry departures, one bank sees growth in transition
management.
UK Union Launches Attack on CPPIB, APG Over Tax
A workers’ union claims Canadian and Dutch pension funds are “dodging” tax through investments in a London shopping centre.
T. Rowe Price CIO to Step Down as Portfolio Manager
Brian Rogers says he will hand over responsibility for the $30 billion equity income fund, but stay on as CIO and chairman.
World’s Largest Portfolio Not Big Enough, Report Finds
The ultra-conservative $1.27 trillion Japanese pension fund will need more tax inflows to pay its future bills, a comprehensive review found.
La Caisse to Expand Investment Outposts
The Québec fund has “some catching up to do” to match its compatriot funds’ networks, its CEO has said.
Tesco Pension Appoints Kuwait Alternatives Specialist
The UK supermarket chain is building up its internal alternatives team.
Harvard, Penn, Chicago: Which School Opens the Fund Management Door?
If you want your children to get into fund management, their
choice of educational establishment can help.
NYC Pensions Appoint TIAA-CREF Veteran as New CIO
Scott Evans,
former CIO and president of asset management at TIAA-CREF, will begin managing
the city’s $150 billion retirement system in July.
CIO Sought for New York Transport Authority Pensions
The successful candidate for the newly-created role must address a significant funding shortfall and asset valuation concerns.