Mercer, Mizuho Will Partner on OCIO Offerings in Japan
Under the bank’s Asset Management One subsidiary, the duo will offer outsourced CIO services to institutional clients.
News
Insurance AUM Has Tripled in Past Decade, Reaching $4.5T Last Year
Insurers are increasingly allocating to alternative investments, with private asset AUM growing to $800 billion from $50 billion since 2015, according to a report from Clearwater Analytics.
HESTA Dumps Mining Company Mineral Resources Stake due to Governance, Ethics Concerns
The $58 billion Australian superannuation fund also placed WiseTech on its watch list following four board resignations.
Spider Management Names Karen Horn Welch as CIO
The university-owned investment office oversees the $3.2 billion University of Richmond endowment.
$125B Danish Pension Removes Defense Stocks From Blacklist
PFA, Denmark’s largest pension, will allow investments in select defense companies amidst an increase in European defense spending.
Nest Seeds New Infrastructure Debt Fund With $708M Investment
The U.K. pension and IFM Investors intend to focus on the European market.
LACERA Sues Former Security Officer for Fraud
The Los Angeles County pension fund alleges Carmelo Marquez, who worked on an interim basis, defrauded the organization by giving contracts to companies he owned.
Corporate Pensions Were Best-Performing DB Plans in Q1
Fixed-income-heavy portfolios protected against market volatility, while defined benefit plans returned 0.52% overall.
Rising Discount Rates Drove Down Pension Liabilities in April
Corporate pension funding levels rebounded in April despite equity market volatility.
Proposals Offer New Ways to Use Retirement Surpluses to Boost Benefits, Raise Revenue
American Benefits Council has pitched plans to redirect surplus funds from pension funds without terminating retirement plans.
MacArthur Foundation Names Bola Olusanya CIO
He succeeds the retiring Susan Manske to oversee the nearly $9 billion endowment.
PBGC Director Nominee Janet Dhillon Clears Senate HELP Committee
The Senate Committee on Health, Education, Labor and Pensions voted 12-11 to advance Dhillon's nomination to the full Senate.
The Private Universities Affected by Proposed Tiered Endowment Tax
At least 41 colleges and universities would be subject to an expanded federal endowment tax, with several subjected to new, higher rates.
Response Deadline Now June 6 for 2025 CIO Outsourced Investment Manager Survey
A growing number of asset owners, plan sponsors, and institutional investors are turning to outsourced CIOs and 3(38) managers to support their investment oversight. Tell us about what drives these decisions and the value these arrangements provide.
NBIM Commits $800M to Blackstone Logistics Real Estate Fund
The strategy will invest in warehouse properties across the U.S. and Canada.