PIMCO Hires Economist Paul McCulley for the Third Time
The $1.94
trillion firm has recruited the former PIMCO senior executive and renowned
economist to reassure clients in trying times.
Newsmakers
Future Fund Hires ESG Risk Management Chief
The $96.5
billion Australian sovereign wealth fund has enlisted Joel Posters from the
Netherlands to lead its ESG efforts.
ABP Loses Chairman
Europe’s largest pension fund is to lose its chairman of trustees.
UN Pension Staff Resist Move to Empower CEO
Nearly 10,000 people have a signed a union petition opposing the CEO’s attempt to internalize pension staffing decisions, among other practices.
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.
Amundi's UK Institutional Chief Quits, 11 Months In
Amundi’s head of UK institutional Mark Miller has quit the company after less than a year in his role, aiCIO has learned.
ABF, Industriens, PGGM, PPF Win at aiCIO European Innovation Awards
Who else was victorious at aiCIO’s second European Innovation Awards?
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.
Asset Managers To Get Fatter Bonus Checks This Year
Money
managers could expect up to a 10% bump in incentives in 2014 while investment
and commercial bank bonuses are projected to stay flat.
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.
High-Frequency Trading: Winner Takes All?
Not all HFTs are created equal—and some
massively outperform their peers.
CalPERS Seeks a New CIO
The largest
US public pension has launched a global search for its new leader.
OMERS Strengthens Private Equity Team
The Ontario pension fund has brought aboard an 18-year industry veteran to its London team.
State-Run DC Plan for Private Sector Moves Ahead
Connecticut has passed a bill paving the way for a public retirement system for private workers.
Protect, Perform, Provide
From the vault: Wake Forest University’s Jim Dunn is bringing the school’s billion-dollar endowment back to basics. A 2010 cover story by Kip McDaniel.