BNY Mellon to Exit Transition Management Business
Four major players have abandoned the industry in under a year.
Newsmakers
SAC Capital Starts Anew as Point72
The hedge
fund firm turned family office is rebranding as Point72 Asset Management after
pleading guilty to insider trading.
Q&A: USS on How to Get Corporate Governance Right
The co-head of responsible investment at the UK’s largest pension explains the fund’s approach to investing well—and for the long term.
New Central Banking CIO for Korean SWF
One of Asia’s largest investors has a new man in charge.
Roubini: Bitcoin is a ‘Ponzi Scheme’
Dr. Doom thinks bitcoins are a “lousy”
store of value and a channel for criminal activities.
Japan Pension to Aim for 1.7% Annual Return
The Government Pension Investment Fund’s target is far lower than CalPERS, the CPPIB, and Norway.
Unilever Pension Chair Quits
One of the first European pooled pensions is to lose a key architect of the fund.
Exclusive: George Washington University to Outsource Endowment
An RFP will be issued for the management of the entire $1.4 billion fund, the university has confirmed.
Sovereign Wealth Fund Forum Relocates to London
The International Forum of Sovereign Wealth Funds has left its Washington DC home to align itself better with UK fund managers.
Clarke to Quit PPF for Government Actuary Job
The Pension Protection Fund is to lose its top risk man to the UK government.
Larry Fink’s Top Four Questions for Pension CIOs
BlackRock’s CEO highlights his top concerns for pension fund investing in 2014.
Profile: The Life of an Interim Pensions Head
aiCIO caught up with Neil Parfrey, the interim head of pensions at Heineken UK, to discuss the merits and pitfalls of taking temporary charge.
Australian Coal Pension Appoints First CIO
Another superannuation fund begins to build internal resources.
Buffett: Public Pensions Are a 'Financial Tapeworm'
The legendary
investor warned US employees, public officials, and taxpayers of ongoing risks posed by public pension plans.
Japan and Canada Join Hands for Infrastructure Project
GPIF and OMERS have entered into a five-year, $2.7 billion infrastructure co-investment agreement.