2023 Asset Management & Servicing Industry Innovation Award Finalists Announced
CIO will recognize firms driving change and enhancing performance in institutional investing on December 5.
News
JOLTS Report Sends Stocks Tumbling, Prompting Visions of Another Fed Hike
Job openings surge for August is almost 1 million higher than expected.
Private Equity Women Investor Network Names Emily Mendell Executive Director
Mendell brings three decades of leadership in venture capital and private equity.
S&P 500 Earnings Off 1% in Q3, Analysts Estimate
Marking a third straight period of losses, the index’s EPS suffered in financials, real estate, material, health care and energy, a survey finds.
Cybersecurity Breaches at UK Pensions Soar More Than 4,000% in 1 Year
The number of reported attacks on all British financial firms triple, with the pension sector seeing the biggest increase.
Alecta Board Chair Ingrid Bonde Resigns
The Swedish pension fund fired its CEO and replaced its head of equities earlier this year after losing $2 billion from the collapse of Silicon Valley Bank.
PGIM Investments Appoints Carlino Global Head of Alternative Investments
The former alts leader at Merrill Lynch will assume a newly created position at the firm.
NYU Endowment CIO Kathleen Jacobs Steps Down
Jacobs left NYU to pursue an unspecified new opportunity.
How Private Equity Firms Can Protect ‘Treasure Trove’ From Digital Threats
With risks everywhere, responsibility for cybersecurity can be shared between financial services firms and their portfolio companies.
DC Pensions in UK Will Soon Be Required to Disclose Illiquid Asset Policy
Beginning October 1, trustees must include the asset class breakdown for each of their plan’s default arrangements.
Pennsylvania SERS Will Join Pilot Project to Combat Securities Fraud
NCPERS Securities Fraud Recovery Services aims to help members recover damages from securities fraud.
Key Government Data, Such as Unemployment and Inflation, Would Not be Published During a Shutdown
Government data collection agencies, such as the Bureau of Labor Statistics, would shut down completely absent a continuing resolution.
Australia’s Future Fund Joins Investor Leadership Network
The platform aims for institutional investors to push for a more sustainable economy.
Norway’s SWF: Stop Talking, Take Action on Climate Transition
The $1.4T Norges Bank Investment Management has increased its climate expectations for more than 9,000 companies in its portfolio.
Goldman Sachs Asset Management Announces Partnership With Ontario Municipal Employees Retirement System
The partnership aims to invest in senior direct lending opportunities in Asia Pacific.