Northern Trust Asset Management Co-CIO Named President
Michael Hunstad, who has headed quantitative strategies and global equities for the firm, succeeds Daniel Gamba.
News
Alts Manager Rithm Capital to Acquire Private Credit Shop, Annuity Provider
The firm’s purchase of Crestline Management would create a $53 billion AUM alternative investment platform.
Dutch Pension PZFW Terminates BlackRock, AQR, L&G Mandates Amidst Portfolio Reshuffle
The trio were dropped as equity managers as the fund looks to active investing.
Aon Sells Major Stake in NFP Corp. Wealth Business to Madison Dearborn
The $2.7 billion deal is expected to close in the fourth quarter of this year.
Anup Agarwal Named CIO, Head of Ares Insurance Solutions
The insurance boss previously oversaw $200 billion at Global Atlantic.
Fidelity Looks to Expand in Asset Tokenization
The firm recently listed a tokenized money market fund.
A New Dawn for Digital Assets: From Uncertainty to Action in the US
Changes in Washington have made it clear ‘we’ve entered an era of building,’ writes the CIO of a sovereign fund.
Nuveen Launches Partnership With Temasek, Hunter Point Capital
The two firms will take stakes in and make commitments to Nuveen Private Capital.
US Public Defined Benefit Returns Beat Targets By A Mile
The median return of 11.3% for fiscal year 2025 topped the funds’ assumed rates of return by 430 basis points.
NBIM Acquires NYC Office Tower for $542.6 Million From CalSTRS, Silverstein
Norges Bank Investment Management will own 95% of 1177 Avenue of the Americas.
Demand for Data Centers, Energy Creates a Gold Rush for Infrastructure Investors
Asset owners and managers are pouring hundreds of billions into the construction of infrastructure for the AI ecosystem, although the horizon is not entirely clear.
Risk Factors Are Rising in Private Credit, Performance Harder to Predict
Private markets are more sensitive to interest rates, inflation and tariffs, while there are questions about how private credit will hold up in a significant correction.
How Asset Owners Are Thinking About Private Markets
Liquidity requirements reframe the need for diversification.
Canada Pension Plan’s Allocation to Energy Stocks Surges In Q2
Tech stocks remained the $527.3 billion pension fund’s top holdings, led by Nvidia, Microsoft, and Apple, despite dumping 22% of its Alphabet shares.
Why Benchmark Choice May Be the Most Strategic Investment Decision
Two leaders from CEM Benchmarking offer insights on how benchmark selection strategy can shape investment performance outcomes.