SSgA Reorganizes at the Top
The firm has created a new role—global chief operating officer—and has seen its head of institutional sales and marketing depart.
Newsmakers
This Changes Everything
From aiCIO Magazine's September Issue: General Motors and the end of defined benefit as we know it. Benjamin Ruffel reports.
Andrew Ang Thinks Innovation Starts Small
From aiCIO Magazine's September Issue: Ang, a professor of business, finance, and economics at Columbia University, aims to improve the welfare of asset owners—scrutinizing illiquidity, agency issues, factor investing, and other investing conundrums.
Cultivation or Theft?
From aiCIO Magazine's September Issue: Jordan Milne on how Canadian pension funds find and keep top talent.
Letter From the Managing Editor: Customized TDF
From aiCIO Magazine's September Issue: Paula Vasan considers the future of larger corporate pension plans: DB, DC, and target-date funds.
Letter From the Editor-in-Chief: Influence & Power
From aiCIO Magazine's September Issue: Kip McDaniel discusses the nature of influence, building New York, and the making of the Knowledge Brokers--a ranked list of the world's most influential investment consultants.
Texas Teachers’ Studies and Rejects Shift to DC Plan
A state-mandated study by the Texas teachers' pension found regular contributions, not structural overhaul, would improve its funding status.
NYC CIO Nagaswami Departs for Bridgewater
New York City’s first CIO is leaving the public sector for a senior strategist role at Bridgewater Associates.
Towers Watson: Tight Corporate Bond Market the ‘New Normal’
With inventories of corporate bonds at the lowest point in a decade, Towers Watson foresees sustained illiquidity and heightened volatility ahead for the fixed-income market.
Prudential, Bridgewater, Others Repeat as Industry Innovation Award Winners
Strategic Investment Group, Russell Investments, and State Street join Prudential and Bridgewater as repeat winners in aiCIO’s annual award series; a slew of firms make their first appearance.
Japan Pension Hit by Domestic Economy Problems
All the money in the (pension) world, but Japan’s GPIF is not immune to domestic problems.
Institutional Investors to Aetna: Come Clean About Political Spending
A coalition of institutional investors is putting pressure on Aetna to open up about the millions of dollars it gives to political organizations for "educational activities."
GMO: Chin Up, Equities Aren't Dying
Reports on the demise of equities are overblown, GMO's Ben Inker says, explaining that equity returns will persevere over the long-term.
Is Romney or Obama Better for the US Economy? (Clue: Your Initial Answer Might Be Wrong)
President Obama can forget opinion polls; the most powerful person on the planet usually returns to office on how domestic stock markets performed in their first term – is he set to stay in the White House?
Peace at Last for California's Pension System?
California's governor and top legislators have reached a deal to reform the state’s public pension system.