Investors React to Nomination of Kevin Warsh as Fed Chair
A former Federal Reserve governor, Warsh is expected to set a more hawkish tone.
Newsmakers
SBCERA CIO Donald Pierce Announces Retirement
The investment chief of the San Bernardino County Employees’ Retirement Association will leave after 25 years at the fund.
Prime Capital Financial Promotes New President, Names CIO
CIO Scott Duba is the firm's new president, and Will McGough is the new CIO.
Lazard Taps Eric Van Nostrand as First CIO
The asset manager also promoted Rosalie Berman to chief operating officer.
ABP Appoints Herman Bril as CIO
The $607 billion Dutch pension had been without a permanent CIO since 2024.
Trump Suggests Ban on Institutional Investors Buying Single Family Houses
In an online post, President Donald Trump wrote that he intends the measure to mitigate the housing crisis resulting from an upward spiral of costs.
Neuberger Snags Emerging Markets Portfolio Managers From Schroders
Vera German and Juan Torres will join Neuberger Berman’s EM equities team in London.
Bob Doll Predicts Growth, Inflation Will Persist in 2026
Annual market projections from Crossmark’s CIO foresee ‘High-Risk Bull Market’ in the coming year.
Monte Tarbox Named Interim CIO of NYC Pension System
Korn Ferry will conduct a search for a permanent replacement for Steven Meier, who resigned in October.
Yup Kim Departs TMRS, Deputy CIO Named Successor
The $44 billion Texas Municipal Retirement System turns to Tom Masthay to replace Kim.
Onur Erzan Appointed President of AB
Erzan takes over today as president, a role now split from the CEO post. Seth Bernstein had held both titles since 2017.
MetLife Completes PineBridge Acquisition
The combined business manages about $735 billion in assets.
New York City Pensions Shelve Recommendation to Rebid BlackRock Mandate, Terminate Fidelity
City Comptroller Brad Lander had proposed the moves, alleging the firms have failed to meet the funds’ net zero plans.
Canada PM Carney Names Investor Mark Wiseman as Ambassador to US
Wiseman has led both the CPPIB and AIMCo and has held several roles at BlackRock.