Energy Transition and the Global South
The World Economic Forum seeks to accelerate clean energy investment and opportunities in emerging markets; sees need for up to $2.8 trillion by 2030s.
Newsmakers
Malaysia’s Employees Provident Fund Names Encik Ahmad Zulqarnain Onn CEO
Ahmad Zulqarnain succeeds Datuk Seri Amir Hamzah Azizan, who left the $211.5 billion fund to become Malaysia’s second finance minister.
New Chairman Named for Australia’s Future Fund
Greg Combet will move from Australia’s Net Zero Economy Agency and take on leadership of the sovereign fund later this year.
Dimensional Fund Advisors Promotes Savina Rizova to New Co-CIO Role
Sharing the position with Co-CEO Gerard O’Reilly, Rizova will continue to be in charge of the firm's research department.
Indefi Hires Daniel Roy as Senior Adviser
Roy was previously CEO of HSBC Private Bank and of Natexis Asset Management.
Ontario Teachers’ Promotes McLennan, Brown to CIO
The Canadian pension fund fills its CIO vacancy with two internal promotions and adds a new strategy role.
UK’s PPF Appoints Michelle Ostermann as CEO
Ostermann will move from PSP Investments in Canada in April to succeed Oliver Morley, who moved to MaPS.
CalSTRS CIO Chris Ailman to Retire
The long-tenured investment chief announced he will step down on June 30.
India’s National Investment and Infrastructure Fund Names New CEO
Sanjiv Aggarwal will join the $5 billion sovereign-linked pension fund from U.K. investment firm Actis.
Asset Management, Consulting Firms Make Leadership Changes for 2024
Voya IM names new CEO; Goldman adds head of retirement role for asset, wealth group.
UAE Launches Dubai Investment Fund
Abdulaziz Mohammed Al Mulla has been named managing director and CEO of the fund.
T. Rowe Price Promotes Eric Veiel to Head of Global Investments
The current head of global equity will take over the role for CEO Rob Sharps at the start of the new year.
Ontario Teachers’ Taps Pierre Cherki to Oversee New Real Estate Team
Cherki will oversee a team of 40 and manage the pension fund’s C$29.3 billion real estate portfolio.
Mohit Mittal Promoted to PIMCO’s CIO of Core Strategies
The 16-year veteran of the firm will report to group CIO Dan Ivascyn.
Saudi Arabia’s Sovereign Wealth Fund Acquires 10% Stake in Heathrow Airport Owner
The deal includes French private equity firm Ardian acquiring a 15% stake in FGP TopCo, leaving the Qatar Investment Authority as the largest shareholder.