Agecroft Partners Predicts Top Hedge Fund Industry Trends for 2023
Don Steinbrugge released his top expected trends for the hedge fund industry in 2023.
Newsmakers
New York City Retirement Systems Emphasized Sustainable Stakeholder Value in 2022
Comptroller Brad Lander prioritized DEI reporting standards and combated legal opportunistic insider trading at portfolio companies.
UC Investments Gives $4 Billion Boost to Blackstone Real Estate Fund
Investment from $152 billion manager comes one month after BREIT had a run on withdrawals.
Kentucky Treasurer Targets 11 Firms for ‘Energy Company Boycotts’
BlackRock, Citigroup and JPMorgan Chase have all been threatened with state divestment due to alleged fossil-fuel bias.
How Bob Doll Makes His Rather Prescient 10 Annual Predictions
The Wall Street heavyweight’s forecasts for each coming year have done well over three decades, coupling conventional wisdom with unorthodox guesses.
Investors Worldwide Agreed to Class Action Litigation Settlements Totaling More than $7.4 Billion in 2022
Totals rose more than 75% from 2021.
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.
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.