Newsmakers

What It Takes to Be CalPERS’ CIO

The largest US public pension plan seeks candidates with 15 years of experience, extensive knowledge of investment strategies, and high ethical standards.

ABP Loses Chairman

Europe’s largest pension fund is to lose its chairman of trustees.

Princeton Staff Score Hefty Pay Raises in 2013

The $18.2 billion endowment’s top three staff was paid almost $3 million more in 2013 than the prior year, with its leader earning the highest compensation in the university.

Harvard Pays Top Five Staff $29 Million

The $32.7 billion endowment upped its total compensation by nearly 9% in 2012, but HMC chief Jane Mendillo’s salary slipped below 2011 figures.

PIMCO: The Age of ‘New Neutral’

PIMCO’s latest long-term view reflects slow economic growth, high leverage, the end of bull markets, and a lower neutral policy rate.