Returns Drive Small August Boost in Corporate Pension Funded Status
Last month’s equity market performance more than offset a slight drop in interest rates.
News
Cambridge Associates Marks European Expansion With Milan Office, Senior Appointments
Raphael Heynold and Riccardo Pianeti will lead client growth and engagement in the region.
Digital Asset Bill Stalls in Senate After Failed Cloture Vote
What was supposed to provide crypto-friendly rules for investors and businesses has so far failed to make it to a full Senate vote.
Bond Yields Rise Ahead of FOMC Meeting
Ten-year Treasury yields hit their highest level since 2007 amidst inflation concerns, rising oil prices and the potential for higher rates.
Creative Planning Acquires RVK
The acquired firm has more than 200 institutional clients, including public retirement plans, endowments and foundations.
How Asset Manager Priorities Are Shifting
Firms are increasingly focusing on their core product offerings, according to a survey from Northern Trust, with more than 28% reporting their firm plans to reduce its product set.
TIAA Adds Executive for Tech, AI Risk
Divyangi Anchan joins the firm as chief risk and compliance officer for technology and AI risk.
Sell-Side Firm Wolfe Research Launches Alternative Asset Management Unit
The platform will offer investment opportunities across private markets.
Connecticut Transfers $1.3B in Excess Revenues to State Pension Funds
The transfer, under the state’s volatility cap program, will add $685.1 million to the employees’ system and $618.9 million to the teachers’ pension fund.
The Alternatives Revolution Is Maturing: Nonprofit Investors Need a New Playbook
Morgan Stanley’s head of institutional consulting services emphasizes the importance of focusing on governance, liquidity and more to maintain the ability to support the mission.
AIMCo Adds 2 to Board of Directors
The Canadian pension appointed Ron Helmhold and Hugh O'Reilly to terms ending in 2029.
Foreign, Domestic Equities Propel Japan’s GPIF to Strong 8.2% Return in Q1
The gains raised the pension giant’s asset value to more than $2 trillion.
HighVista’s Raphi Schorr: Continuation Funds Are More Than Liquidity Solutions
The deputy CIO argues that extended private ownership is a structural shift, not a temporary market dislocation, and says the vehicles are becoming a permanent feature of private equity.
