Asset Manager Insurance AUM Rises to $5.5T
With assets under management growing by $1 trillion in 2025, the market for external managers of insurance assets became less concentrated over the last decade.
News
Rockefeller Foundation, Temasek Aim to Increase Philanthropic Support for Nuclear Energy
The foundations formed the Global Coalition for Nuclear Philanthropy to mobilize capital for nuclear energy deployment.
Asset Owners Embrace Private Markets, Seek Better Data Quality
A survey from Northern Trust’s asset servicing group polled institutional investors on an array of complex investment and operational decisions.
T. Rowe Price CIO Page to Co-Lead Firm’s Global Investments
Several announced leadership changes take effect on June 1.
Equity Gains Bolster Corporate Pension Funding in April
Coming off a rocky March, defined benefit plan funding rebounded last month.
Texas Teachers Seeds Quant Equity Strategy From NISA With $250M
The asset management firm hired the bulk of the pension fund’s quant team in 2025, laying the groundwork for the partnership.
California, New York Pension Funds Take Aim at Proposed SpaceX Share Structure
CalPERS, the New York State Common Retirement Fund and the New York City Comptroller’s Office wrote a letter specifying that Elon Musk would have outsized control of the company after an IPO.
Why We Co-Filed: Shareholder Engagement as Fiduciary Imperative in Age of Surveillance Risk
Two foundation leaders urge peers to engage with the companies in which they invest to better align investment strategies with missions and long-term priorities.
Senate Banking Committee Advances Digital Regulatory Framework Bill
Lawmakers passed the legislation out of committee, securing two Democrat votes, but it faces expected concerns in the full Senate.
Monte Tarbox Brings Diversified Approach to NYC Pensions’ Investments
The CIO of the Bureau of Asset Management, overseeing New York City’s $306 billion in retirement assets across five funds, draws from his union pension background.
Apollo Plans Daily Pricing for Private Credit Funds
The manager with $834 billion in credit AUM seeks to provide greater transparency across its portfolio by September, according to an earnings call.
Atkins: ‘Let the Market Decide’ Frequency of Corporate Financial Reporting
The SEC recently proposed a rule that would allow public firms to opt for semiannual reporting instead of the current quarterly norm.
Lisa Longino Appointed CIO of Merged Equitable-Corebridge Company
Corebridge’s current CIO will assume the role once the merger is completed later this year.
Canadian Pensions Gain 0.4% in Q1 Amid Rising Geopolitical Tensions
Surging energy stocks slightly offset a tech sell-off, according to RBC Investor Services and Northern Trust.
Corporate Pension Plans Inch Further Into Surplus Territory
In response, plan sponsors are strategizing about more than pension risk transfers.