CIO Profile: Two Weeks into Job, New Mexico's Grabel Talks Changes
Jonathan
Grabel, a private equity veteran and now CIO of New Mexico's $14 billion pension fund, plans to take a hard look at the manager roster and get granular with portfolio data.
Newsmakers
Lord Hutton Joins Redington…as Ball Leaves JLT
January has brought some major staff changes at UK consulting firms.
Insight Investment Hires LDI Veteran
Tarik Ben-Saud worked at BlackRock for 15 years before spending almost two years assisting with reconstruction efforts in the Middle East.
Peak Assets: Institutional Investors at Davos
Which CIOs are heading to Switzerland next week?
Criticized for Oil Ties, Heinz Foundation Head Leaves for Fracking Company
The organization has lost four top executives in the past year while pursuing controversial “clean fracking” initiative.
CIO Profile: The Most Exotic Fund You’ve Never Heard Of
Papua New Guinea’s top pension CIO works in the Opposite Land of institutional investment, where long bonds earn 11% and OCIO is a thing of the past.
Kresge, Knight, and Ford Foundation Lead Effort to Save Detroit’s Art
Nine foundations are to kick-off a $500 million fund to help satisfy the city's pension obligations without resorting to selling off the Detroit’s art.
FX Concepts Founder Vows a Comeback
John Taylor has said in a research note that he is returning to his professional roots in an attempt to give FX Concepts a second act.
Mayall Quits Insurance CIO Role after 18 Months
It’s “all change” at UK insurer LV as a new CIO takes the reins.
CalPERS CIO Joe Dear Taking Leave for Recovery
The CIO of the
largest public pension fund in the US will be undergoing treatment for cancer.
Russell Investments Rumored for Sale—Again
Once again, the allegedly troubled pairing of Russell and Northwestern Mutual is dogged by reports of a desire to split.
Korea SWF CIO Quits Mid-Term
The Korea Investment Corporation is looking for a new CIO, almost two years earlier than predicted.
CPPIB’s Chief Strategist Resigns for Private Sector Role
Donald Raymond, a senior vice-president, will step down in March to become CIO of Alignvest Management Corporation in Toronto.
ABP Dumps Investments in Fukushima Plant Operator
TEPCO has
been added to the Dutch pension’s exclusion list for failure to uphold ESG
standards.
CalSTRS CIO Appointed to UNPRI Board
The
ESG-focused initiative has selected Chris Ailman as the seventh member of its advisory
committee.