Former Kentucky Pension CIO Charges He Was Fired for Uncovering Fraud
Steven Herbert says his employment was terminated after he discovered that a property company, allegedly, stole money from a retirement system unit.
Newsmakers
Norway’s Pension Fund Global Excludes 3 Firms Over Human Rights Violations
The central bank says PTT Oil and a subsidiary, as well as surveillance software maker Cognyte, represent ‘unacceptable risks.’
Guggenheim CIO Scott Minerd Dies
A leading figure in fixed income, he joined the firm at its outset.
Boogeying Norges Bank: Holiday-Party Goers Celebrate Finances
In video, staffers illustrate investment terms in festive interpretative dance.
EBRI’s Lori Lucas Cites DEI and Accessibility Work as She Prepares to Retire
Increased access to retirement institute's data and research are among proudest accomplishments.
Nuveen Hires Head of Energy Infrastructure Credit
New role for Don Dimitrievich includes financing reduced carbon-emission capabilities.
Ontario Teachers’ Pension Plan Names Anna Murray Head of Sustainable Investing
The former head of ESG at Sun Life Capital Management will lead the $178.6 billion pension fund’s climate strategy.
Vanguard Withdraws from Net Zero Group After State Pressure
Utah attorney general takes credit for getting Vanguard to review its relationship with Net Zero Asset Managers initiative.
Central States Multiemployer Pension Plan Receives $35.8 billion in PBGC Assistance
The Pension Benefit Guaranty Corporation has approved the Special Financial Assistance application from the Central States, Southeast & Southwest Areas Pension Plan. The Central States Plan is a multiemployer...
Swedish Pension Fund AP7 Sues Microsoft, Activision Over Takeover Deal
Lawsuit alleges shareholders were hurt because $68.7 billion acquisition process was “done incorrectly.”
Hawaii ERS Names Kristin Varela as New CIO
Coming from New Mexico’s PERA, where she was deputy, the new chief replaces Elizabeth Burton.
CIO Announces 2022 Industry Innovation Award Winners
The allocators driving change and enhancing institutional fund performance and the service providers driving innovation in institutional investing were recognized at the annual Industry Innovation Awards dinner.
Walter Kress Receives CIO’s 2022 Lifetime Achievement Award
EY’s CIO, a connector and a generous collaborator, to be honored during awards night at Chelsea Piers.
PSERS Posts Ad for New CIO
The $75 billion pension fund is looking for its first permanent CIO since Jim Grossman resigned last year.
Australian Prime Minister Proposes $10 Billion Green Fund
The National Reconstruction Fund would invest in clean energy and other areas of the economy.