BlackRock Consolidates Departments, Elevates Execs in Strategic Revamp
The asset management giant reshapes lines of authority and highlight alts as it gears up for a Fink-less tomorrow.
Newsmakers
BMW to Freeze US Pension Program, Shunt Workers into DC Plan
Decision to shift American workforce into a defined contribution plan comes amid dropping earnings at the carmaker.
New Zealand Super’s Proxy Drive Against Big Tech Grows to 23 Institutions
Outraged by social media’s showing of the Christchurch massacre, the pension fund enlists other plans to push its cause.
Three Norway Municipal Funds to Merge
Buskerus, Akershus, and Østfold will pool assets.
CIO NextGen: Last Week to Nominate
Asset owners and managers to choose 25 of the industry's best up-and-comers.
CalSTRS Expanding Green Investment Efforts
CalSTRS’s annual green report goes beyond the pension’s efforts to offer a bleak picture of global plans to deal with climate change.
CIO Wins Best Overall Media Brand Award for 2019
The award recognizes editorial excellence in business media and information.
Last Week to Nominate CIO’s NextGen Class of 2019
Asset owners and managers to choose 25 of the industry's best up-and-comers.
Congress Mulls Trump-Backed Proposal to Raise Taxes on Fund Managers Again
Legislation would eliminate the ‘loopholes that have been so good for Wall Street investors, and for people like me,’ President says.
CIO Summit 2019: Registrations Open
Annual two-day event to feature hot-button discussions from the world’s leading asset owners.
New Zealand Super Leads Christchurch Charge Against Tech Lords
National five-fund coalition targets Facebook, Google, and Twitter’s ‘severely damaged’ content-sharing functions.
Activists Seek Ouster of Bed Bath & Beyond Board, CEO
Three hedge funds suggest 16 replacements with strong retail backgrounds.
Dutch Retail Pension Pares Holdings Using New ESG Index
Pensioenfonds Detailhandel, citing new FTSE-BlackRock benchmark, cuts nearly one-third of its public equities.
Norway Pension Fund Excludes Halcyon Agri for Environmental Damage
Fund says rubber company’s plantations will lead to irreversible changes in the ecosystem.
CIO NextGen: Two Weeks to Nominate
Asset owners and managers to choose 25 of the industry's best up-and-comers.