Newsmakers

Abu Dhabi is backing a competition for quantitative investing aces, with a $40,000 top prize.

Caroline Lovelace succeeds the company’s founder, Floyd Tyler Jr., who passed away in January.

The pension giant is hiring a search firm to find candidates for the job, which pays up to $392,000 a year.

The NextGen program recognizes the future leaders in institutional investing.

They have ample liquid assets—and show little sense of fear.

Governor says changes will save the state and its cities more than $840 million over 31 years.

The strategic/development fund will likely be seeded with stakes in six major government-owned companies.

The complaint alleges breach of fiduciary duty in ‘misguided and ineffectual gesture to address climate change.’

The city’s comptroller calls for disclosure of board members’ race and gender at Capital One, Las Vegas Sands, NextEra Energy and Caesars.

Kruse had worked at Willis Towers Watson for more than 15 years before joining Mercer in 2021.

Governor hopes to provide a ‘blueprint’ for other states looking to prohibit sustainable investing.

Matt Whineray will leave the $39 billion pension fund after more than 15 years.