Hargreaves Lansdown Names Toby Vaughan CIO
He was most recently head of investment management at private banking firm Brown Shipley.
News
SEC Charges Binance, Coinbase as Unregistered Exchanges
SEC Chairman Gary Gensler continues his enforcement efforts against cryptocurrency trading platforms.
SEC Approves Amendments Limiting Use of Credit Ratings
The SEC will no longer consider ratings as part of its definition of ‘investment grade’ under Regulation M.
San Diego Plan Joins Private Debt Parade
The $10 billion fund is the latest allocator to invest in this alt, to make up 5% of its portfolio.
Public Pensions Remain Active in Adapting Allocations
U.S. public pension managers are confident their plans are well-hedged against inflation, as they plan to increase allocations to commodities and boost infrastructure investing.
PSP Investments Reports 4.4% Return in Fiscal 2023
The Canadian pension investment manager raised its net AUM to $182.3 billion.
Howard Perlow Named Angeles Investments’ 1st CEO
The investment firm also promoted David Brief to head of its OCIO practice.
Comments Ask SEC to Modify Disclosure Requirements for Cyberattacks
Industry leaders also asked that the SEC harmonize the proposals and related disclosures.
Asset Managers See Revenue, Income Drop in 2022
It was a tough year, but margins didn’t suffer that much, ISS Market Intelligence says.
Northern Trust Launches Online Platform for Asset Allocators
The firm designed A-Suite to be a community, destination and content hub.
Republicans, Democrats Continue to Speak Past Each Other on ESG
Future ESG policy is likely to be influenced more by which party is in power than by its actual merits.
Lack of Retirement Saving Could Cost US, States $1.3 Trillion, Study Says
The population of elderly households in the U.S. is expected to rise 50% between 2021 and 2040.
Why Fed Rate Hikes May Be Over
Mission accomplished: Tightening probably won’t continue at the central bank’s meeting next week, says economist Ian Shepherdson.
Why AI Craze Is Eerily Reminiscent of Dot-Com Era
Nobody yet knows how to monetize artificial intelligence, BCA Research warns.
New York’s State Pension Commits $2B in Investments in April
Nearly $900 million has been earmarked for investments with the pension giant’s credit portfolio.