BT Pension Plan Lost £11 Billion in Buildup to U.K. Bond Meltdown
Despite the steep loss, CEO Morten Nilsson says there is ‘no worsening’ in the plan’s funding position.
News
Stanford University’s Endowment Loses 4.2% in Fiscal 2022
Total assets under management decline to $40.1 billion from $41.9 billion in fiscal 2021.
Xponance Names New CIO of Alternatives
Xponance, a $12 billion asset multi-strategy investment firm, has added Michael A.B. Orr as managing director & chief investment officer of Xponance Alts Solutions.
CIO Announces 2022 Asset Owner Industry Innovation Award Finalists
On December 6, we will recognize the allocators driving change and enhancing performance in institutional investing.
BofA’s Answer to a Bear Market: Outdex, Don’t Index
The shortcomings of the S&P 500 make this method preferable, says the bank.
Missouri Divests $500 Million From BlackRock as GOP Backlash Over ESG Grows
In less than a month, four states have pulled over $1.5 billion out of BlackRock investments in protest over a ‘woke political agenda.’
How the 1987 Crash May Have Lessons for Today
On the anniversary of Black Monday, Bespoke points out that a cataclysmic market fall doesn’t always bring about a recession.
Hamilton College Names Columbia’s Lauren Jacobson CIO
The managing director of the $13.3 billion Ivy League endowment will take the investment helm at Hamilton November 7.
500 Largest Asset Managers Increase Assets by 10.2% in Past Year
The Thinking Ahead Institute’s report found that assets at the Top 500 asset managers hit $131 trillion in assets under management in 2021.
New Co-CIOs give Fixed Income New Vigor at MFS
MFS appoints two new co-CIOs to its $94 billion fixed income division.
BlackRock Touts Its Ideal Asset Mix to Hit Allocators’ Target Returns
The best chance of reaching a 7.5% gain is to go heavily into bonds, its study contends.
The University of Chicago Office of Investments Seeks New Managing Director
The University of Chicago, which holds a portfolio of nearly $14 billion, is seeking a new managing director to join its investment team.
Harvard Endowment’s 1.8% Loss Deemed ‘Very Good Result’
Despite the negative return, Harvard is outperforming most of its peers after lagging in 2021.
How Pension Plans Evolved Out of the Great Financial Crisis
Despite the recession and subsequent loss of assets value, pensions plans continued to pay out over a trillion dollars in benefits to stakeholders over the recessionary era.
Factors Grow in Popularity Among Investors, Study Says
Using methods other than market value should give superior performance amid slow economic growth and rapid inflation, respondents believe.