All That Glitters
Hype or secular growth in institutional ETFs? One consultant says don't believe the headlines.
Newsmakers
Whiteout: Infographics
A demographic breakdown of finance, asset management, tech, and a few other professions, moving up the ladder from administrative to executive.
Ortec Finance Co-Founder Boender Dies
Guus Boender set up the consultancy in 1981 and led it to become one of the leaders in asset-liability management.
Putnam Makes Play for Institutions, Snags Division Head from Lazard
Long a dominant force in the retail market, Putnam’s push into the big leagues of institutional asset management will be led by Jeff Gould.
Scott Malpass, CIO of Notre Dame, to Receive Lifetime Achievement Award
The veteran endowment CIO will take home the most important Industry Innovation Award at a dinner on December 8 in New York City.
AP3 Investment Chief Exits
The head of asset management at Sweden’s third public pension fund has left his role ahead of an overhaul of the system.
UN Appoints Ex-Public Pension CIO to Lead $54B Fund
Carol Boykin will be the United Nations’ first representative of the secretary-general for investments.
Malaysian Pension Appoints New CIO
Equity chief Nik Amlizan Mohamed takes over with immediate effect at the helm of the $31 billion public pension fund.
Juilliard CIO to Depart, Replacement Sought
After six and a half years at the $1 billion endowment, David Marcus is set to step down.
In Canada Pension Plan Fee Controversy, Critics Go for Jugular
What started as a critique of CPPIB's expense accounting has spiraled into partisan accusations of deception, bureaucratic bloat, and “empire building.” Leanna Orr investigates.
Rating Agencies Deal Fresh Blows to New Jersey, Illinois
New Jersey’s debt has been downgraded by Fitch, while Moody’s says Illinois faces “daunting” challenges over pension funding.
Blackstone Tops Wall St Peer Rankings
The firm
came first for both prestige and quality of life, followed closely by Goldman
Sachs.
Is Reputation More Important Than Morals in Responsible Investing?
Academic research has found that “moral duty” is no longer an important consideration when adopting ESG principles.
IEX Dark Pool Raises $75M for Exchange Status
Trading
platform newcomer IEX has received financing from numerous investors amid
regulators’ increased probing of dark pools.