Interim Sharcus Steen Appointed Long-Term CIO of University System of Maryland Foundation
The new investment chief, who spent 15 months in the interim role, was recognized as a CIO NextGen honoree in 2021.
News
How To Vet a Provider’s Cybersecurity Processes
Speakers at CIO’s Cybersecurity livestream offered tips on assessing partners’ defenses that aim to keep hackers at bay.
San Diego County Pension Returns 9.6% in Fiscal 2023
SDCERA edges its benchmark by 20 basis points while raising its asset value to nearly $15.9 billion.
Congressman Calls for Proxy Firms to Register With SEC
Wisconsin’s Bryan Steil repeated the thesis of proposed legislation at an STA conference on Thursday: Proxy firms should register and disclose conflicts.
Academic Endowments Post Sluggish Returns for Fiscal 2023
Yale, Stanford, Bowdoin and Duke's funds trail previous showings amid a rough year.
MPI: Venture Capital, Technology Investments Will Define 2023 University Endowment Returns
As data are released about endowment returns in fiscal 2023, funds in the Ivy League and at Stanford are expected to have underperformed the markets, according to Markov Processes International.
Iowa PERS Announces 5.41% Return for Fiscal 2023, Exceeding Benchmark
The fund grew to $41.13 billion, a $1 billion increase over the last fiscal year.
AP3 Announces New CIO as Talent Scramble Heats Up
Swedish pension funds Alecta and AP3 have made several strategic hires following Alecta’s losses in the spring’s U.S. regional bank failures.
Investors Should Favor Japanese Stocks After Turnaround, Strategists Say
Their case: The once-sclerotic economy now offers good investment value and a new, shareholder-friendly spirit.
California Law Aims for More Equitable Distribution of VC Funding
SB 54 will take effect in March 2025 and will require annual diversity reporting, with a goal of increasing the capital available to venture capital firms owned by women and minorities.
Why Hamas Attack Might Not Slam Stocks Too Much
Expect higher oil prices, but these likely will not be crippling, strategists say.
LA County Pension Seeks Senior Investment Officer for Real Estate
The $77 billion pension fund is also looking to hire an investment officer for corporate governance and stewardship.
MIT Endowment Return Dips 2.9% in Fiscal 2023
Although the endowment posted negative returns for a second year in a row, the funded status of its defined benefit pension plan improved.
US Corporate Pension Funding Rises Slightly in September
Funding status rebounded from a loss in August.
Elevated Stock Valuations Will Not Stay High for Long, Says Market Sage
Price/earnings multiples will fall amid little-appreciated economic weaknesses, per economist David Rosenberg.