Penn SERS CIO Seth Kelly Resigns
He leaves the pension fund after less than a year on the job; Deputy CIO James Nolan will take over as acting CIO.
News
Six Pennsylvania PSERS Trustees Seek Termination of Executive Director, CIO
The board members are asking that a vote of no confidence be called at Friday’s pension board meeting.
Our Expert Panel Will Explore Investing in Alts on Tuesday
FedEx’s Jeff Lewis, Conning’s Richard Sega, and CAIA’s John Bowman will cover the popular asset class in next week’s CIO webinar.
State Street Launches Digital Division
The new unit will be led by Nadine Chakar, head of State Street Global Markets.
Dutch Pension Giant ABP Commits to Net-Zero Initiative
The UK’s National Trust and the Church of Sweden are among other investors to adopt the Net Zero Investment framework.
About That Tech Slowdown: The Big Digital Tomorrow Will Restore Its Place
Legacy stocks are leaders now, but 5G and other digital revolutions promise to return the disregarded innovators of yore to the fore again, Citi says.
CEO of UN Principles for Responsible Investment to Step Down
Fiona Reynolds will leave after nearly nine years to return to her native Australia.
Another Taper Tantrum on the Way? Don’t Worry, Says Market Sage
Investors’ violent 2013 reaction, as the Fed eyed trimming its bond buying, is unlikely to recur these days, Leuthold’s Paulsen argues.
Minnesota State Pension to Seek General Consultants
In addition to investment objectives, the consultants will also research ESG investing strategies, and DE&I initiatives in investment programs.
Five Charged in $2 Billion Unregistered Crypto Offering
The SEC says the now-defunct BitConnect platform advertised 40% ‘no risk’ monthly returns.
Breaking News: CBRE Global Investors Names Dominic Garcia Chief Pension Investment Strategist
Former New Mexico PERA CIO takes on newly created role at real asset investment manager.
CDPQ Takes Greater Stake in Energy Firm Énergir with $1.14 Billion Transaction
The firm is expanding and diversifying its business into renewables across North America, the Quebec allocator said.
CIOs Favor Growth Stocks, Shun Bitcoin, Goldman Sachs Survey Finds
Investment chiefs also said they were bullish on China A shares and expect inflation to peak in the first half of 2022.
Advisors Asset Management Taps Clifford Corso as CIO
He leaves Insight Investment to oversee nearly $40 billion in assets
Black Gold: Oil Prices Are Set to Hit $100 Again, BofA Says
Per-barrel costs have shot up from $18 in early 2020, and may even reach $175, the bank’s analysts contend.