British DC Pension Schemes Pledge 10% Alts Allocation by 2030
The U.K. Treasury’s Mansion House Accord aims to unlock more than $70 billion in domestic investments.
News
Chad Tredway Named Global Head of Real Estate at J.P. Morgan Asset Management
Tredway was promoted from his current position as head of real estate for the Americas.
Australia’s Future Fund Makes Leadership Appointments
Nancy Collins is joining as the fund’s new chief financial and chief risk officer.
Neuberger Berman, PIF to Deploy $6B in Saudi Investments
The duo will launch a multi-asset program to support the growth of the asset management industry in Saudi Arabia.
House GOP Tax Plan Targets Private University Endowments, Private Foundations
The bill proposes increasing tax rates for private institutions with large endowments and private foundations with substantial assets.
Conning CIO: Insurance Investors Should Be Patient Amid Market Volatility
Cindy Beaulieu emphasizes the quality of U.S. assets and advises insurers to stay true to their strategies.
Angie Davis Named CEO of JPMorgan’s Timberland Unit, Campbell Global
Davis will succeed John Gilleland in October as chief executive of the $10.1 billion manager.
Institutional Investors Drive Surge in Bond ETFs
BlackRock expects bond ETF assets to more than triple to $6 trillion worldwide within five years.
Temasek, T. Rowe Price Among Investors in Benefits Provider, Broker Hub International
The equity investment values the private equity-backed firm at $29 billion.
Lawmakers Ask SEC to Delist Chinese Stocks From US Exchanges
In a letter to the SEC, senators and representatives wrote that a ban would remove an ‘unacceptable risk’ and protect American markets, investors and security.
Pennsylvania Pension Fund Seeks Divestment of Tesla Shares
The board of Lehigh County’s pension fund has paused purchases of the company's stock and seeks a full divestment.
Bridgewater Sustainable Investing Co-Chief Takes CIO Role at Acumen
Carsten Stendevad, who was also previously the CEO of Danish pension fund ATP will join the $500 million impact investor.
OCIO Provider Brown Advisory Expands to Abu Dhabi
The firm named Jack Weatherby as head of Middle East as part of a regional expansion.
Northern Trust Asset Management Names Mike Hunstad, Chris Roth as Co-CIOs
The duo will succeed Angelo Manioudakis, who joined the $1.3 trillion manager in 2021.
Proposals Against ESG, DEI Set to Increase This Proxy Season
ISS-Corporate research projected how shareholder engagement is likely to change this year.