NYU Appoints Michelle Knudsen as CIO of $5.9B Endowment
The investment chief is moving from the Mellon Foundation.
News
Emerging Market Bonds, on a Roll, Should Do Even Better, Says Ned Davis
Firm commodities prices and expected EM growth are tailwinds, the research firm contends.
Entergy Enters $1.2 Billion Pension Risk Transfer with MetLife
The transaction is one of many billion-dollar annuity buyouts to occur this year.
Anisha Gangwani Appointed CIO of Legal & General Retirement America
Gangwani will lead the investments of the pension risk transfer provider.
What Asset Classes Will Allocators Choose as They Up Their Alts Ownership?
Private debt, private equity and infrastructure lead the list in Preqin survey.
Stephan Rupert Appointed CIO of Canada Growth Fund Investment Management
The $11 billion fund aims to make cleantech investments in Canada.
Record $15B in Pensions Transferred to Insurers in Q1
Jumbo deals by Verizon and Shell led a busy quarter that points to a busy year for PRT.
Intercontinental Exchange Fined $10M for Failing to Inform SEC of Cyber Intrusion
The NYSE’s parent company allegedly waited four days before telling nine subsidiaries of the 2021 network breach.
Pension Investors Can Improve the Productivity of the Companies in Which They Invest
Productivity improvements happen across ‘four channels’ due to direct equity stakes from asset owners, research finds.
How to Invest in a Disrupted Economy, Per Sage Munro
War, expanding debt and high rates demand a multi-strategy approach, says chief of BNY Mellon’s Newton unit.
NYC Pensions Fail to Persuade BlackRock Shareholders to Eject Aramco CEO From Board
Despite objections, Amin Nasser was not only overwhelmingly re-elected to BlackRock’s board, but he received nearly 3 million more votes than Chairman Larry Fink.
Crypto Regulation Bill Passes House
The bill aims to divide digital asset oversight between CFTC and SEC.
NYC Pensions Invests $60M for 25% Stake in Affordable Housing Joint Venture
Community Stabilization Partners was created after the 2023 collapse of Signature Bank to help support rent-stabilized apartments.
CPP Investments Returns 8% in Fiscal 2024
Net assets rose to $462.66 billion in the period ending March 31.
Where Does a Bitcoin ETF Fit in an Allocator’s Portfolio?
Pension funds are beginning to explore exposure to cryptocurrencies, which could act as diversifying assets.