Scott Chan Named CalSTRS’ New CIO
The fund’s deputy CIO will step up to replace the long-tenured Chris Ailman.
Newsmakers
Andrew Yorks Appointed as Head of Global Investment Strategy at Prudential
His appointment is effective July 15, and he will report to Prudential CIO Tim Schmidt.
Quant Trailblazer Jim Simons Dies at 86
His success came from pioneering efforts in applying algorithms to hedge fund trading, a popular investment for allocators.
John Stuntebeck Appointed Director of Client Development at OCIO Provider TIFF
Stuntebeck will work with nonprofit clients at the firm.
Anne-Marie Fink Named Co-Chair of AIMA’s Global Investor Board
She will serve alongside PSP’s Eduard Van Gelderen.
Chris Ailman Bids Farewell at Final CIO Report
The investment chief, retiring this summer after more than 24 years at CalSTRS, lists hopes and worries.
Economy Is Doing Fine, So Fed Shrinks Its Balance Sheet
Policymakers don’t want a repeat of 2019, when QT ruffled the markets.
John L. Bowman to Succeed William J. Kelly as CEO of CAIA on December 31
Bowman was appointed president earlier this year.
Juan Bernal Appointed CIO of Insurer MAPFRE
Bernal’s appointment as investment chief of the $40 billion insurance asset manager is effective May 1.
Caltech CIO Scott Richland to Step Down in December
The investment chief was at the helm of the university's investment office for 14 years.
Public Markets at Risk of Shrinking Further, Says Jamie Dimon
The banking chief decried shrinking public markets, investor activism and other risks to investment markets in JPMorgan Chase’s annual CEO letter.
Chris Roth Named Northern Trust Asset Management’s CIO of Global Fixed Income
Roth joins the $1.2 trillion asset manager after almost a quarter-century at Morgan Stanley.
Missouri LAGERS Appoints Scott Day as CIO
The investment head has been deputy CIO of the Utah School and Institutional Trust Funds Office.