Expect a Slowdown, Not a Recession, Corporate CFOs Say
A solid 75% are looking for a downturn, yet just 15% think a recession will occur in 2020, Deloitte survey indicates.
News
Future Fund Gets a New Deputy CIO
Portfolio strategy head specializes in long-term strategy, governance.
BMW to Freeze US Pension Program, Shunt Workers into DC Plan
Decision to shift American workforce into a defined contribution plan comes amid dropping earnings at the carmaker.
New Zealand Super’s Proxy Drive Against Big Tech Grows to 23 Institutions
Outraged by social media’s showing of the Christchurch massacre, the pension fund enlists other plans to push its cause.
Ohio Teachers Launches Search for Executive Director
Michael Nehf to retire when his contract is up in 2020.
FCA Fines Goldman Sachs £34.3 Million for Reporting Failures
Firm allegedly made more than 220 million errors over nearly a decade.
EPIQ Capital Group Names Boris Albul CIO
Albul joins boutique multi-family office serving high-net-worth clients.
Three Norway Municipal Funds to Merge
Buskerus, Akershus, and Østfold will pool assets.
CIO NextGen: Last Week to Nominate
Asset owners and managers to choose 25 of the industry's best up-and-comers.
CalSTRS Expanding Green Investment Efforts
CalSTRS’s annual green report goes beyond the pension’s efforts to offer a bleak picture of global plans to deal with climate change.
New Mexico Makes Historic Move into Infrastructure Debt
Despite a lower return profile, council opts to diversify into nascent infra strategy.
China’s Pension Shortfall to Reach $540 Billion in 2020
Rapidly aging population, one-child policy has burdened China’s retirement system.
CIO Wins Best Overall Media Brand Award for 2019
The award recognizes editorial excellence in business media and information.
PBGC Director Nominee Approved by Senate Committee
Hartogensis renominated by Trump after previous attempt stalled.
People Moves Roundup
Liberty Mutual gets a new branch executive, BNY Mellon hires a new chief risk officer, and more.