iM Global Partner Promotes Jack Chee to CIO of US Asset Management
Chee was previously head of fixed-income strategies.
News
New York Common Pension Fund Looking to Hire Senior Investment Officer
The position will report to the director of emerging managers, while the pension giant is also seeking an assistant counsel for investments.
European Central Bank Warns Green Transition Needs to Quicken
The bank’s second climate stress test showed ‘there is a clear need for speed’ to meet the goals of the Paris agreement.
Alberta Threatens Breakaway From Canada Pension Plan
Provincial leaders want more independence from the federal government and commissioned a report to study potential financial terms of a separate fund.
Tomas Arlia Joins Fintech Startup Arta Finance as CIO
The platform aims to provide alternative investments for retail investors.
Ontario Teachers’ Pension Plan CIO Ziad Hindo to Step Down at Year’s End
The C$249.8 billion pension fund has named Stephen McLennan acting head of investments.
New Jersey Police, Fire Pension Seeks CIO, Plans to ‘Dramatically’ Expand Staff
The $31 billion pension fund has also issued an RFP for a custodial services provider.
SEC Tightens Fund Naming Rules
The new rule applies an 80% investment policy that extends far wider than just ESG funds.
David Okamoto Appointed CIO of Hawaii Health Benefits Fund
The 2023 NextGen honoree moves from the Hawaii Employee Retirement System.
Illinois Police Fund Announces Search for Active Bank Loan Strategy Managers
The IPOPIF wants to add exposure to the bank loan strategy asset class.
SEC’s Birdthistle Defends AI Proposal at House Hearing
The director of investment management said the definition of covered technology is not as broad as many fear, but that the SEC is taking comments on the proposal’s scope seriously.
Milliman Sees Public Pension Funding Ratios Decline to 75.3% in August
Poor performance in equities was to blame for the dip in pension funding levels.
Markets Trend Positively for Investors, but Uncertainty Remains
New data and economic forecasts predict a soft landing, but investors may need help navigating higher inflation and hard-to-predict costs.
Global Equities Rebound Propels NZ Super to 11.87% Return
The pension fund’s asset value increased by NZ$9.7 billion to NZ$65.4 billion during the fiscal year that ended June 30.
BNP Paribas Hires Scott Carter as Global Head of Investor Coverage
Carter previously worked at AQR Capital Management and Deutsche Bank.