New CIO at University of Wisconsin Endowment
Board member and alumnus Julie Van Cleave will take over the $2.5 billion fund.
Newsmakers
Move over AIMco, Japan Frees up $70bn for Global Markets
There’s another $70 billion about to hit global equity and bond markets as the world’s largest pension fund shifts its allocation.
Alternatives Head Flies From BA Pension
After an impressive five years, the head of alternatives is heading to the departure lounge.
NHLPA Hires Buffalo-Based Consulting Group to Manage Pension Plan
Amid the death of defined benefit plans, a reemergence is seen in pro sports.
CalSTRS Votes on Portfolio Risk Factors
The Sacramento pension fund is set to vote on which risk factors it prefers—and how its investment policy will change.
Pension Holiday “Seemed Like a Good Idea at the Time”
A representative of Illinois’ speaker of the house—who voted for the funding break—says lack of reform on Wall Street is blame for the current shortfall.
It’s Miller Time for Amundi
The French asset manager has stolen Blackstone’s head of UK institutional business.
CalPERS Cashes in Carlyle Stake
After holding a 4% stake in the alternative asset manager for 12 years, the pension giant is taking its profits.
Money for Nothing (and Fund Losses for Free)
How much are YOU paying your fund manager to underperform?
Wellcome Trust Appoints Former Hedge Fund Manager
Former head of Perry Capital London office joins the global charitable powerhouse.
Utility Rejects Second OMERS, USS, KIO Advance
Infrastructure is appealing, but investors have to be prepared to pay.
“A Difficult Year for ABP”
Europe’s largest pure-play pension, admits pensioners have been hit the hardest hit in 2013—and they could be again next year.
Fed to Plunder Public Pension to Manage Debt Ceiling. Again.
The Fed is forced to tap the large cash pool once again to avoid breaching its limits.
Japan Pension Ponders Nikkei-Boosting Game-Changer
Rumours of Japan's public pension fund - a pool of more than $1 trillion - is considering allowing investment in domestic stocks to grow with a rallying market.
South Korean Pension Lowers Return Target
The engines are not firing as they used to in South Korea – and it’s hurting the pension assets.