Unlocking 401(k) Innovation: Litigation Risk Is Stifling Thoughtful Stewardship
How the recent executive order on private assets in defined contribution plans could pave the way for investment committee excellence.
News
Morningstar to Acquire Center for Research in Security Prices
The purchase from the University of Chicago of the provider of historical stock market data and indexes is valued at $375 million.
Janus Henderson Subsidiary to Sell Stake to Annuity, Life Insurance Firm
The deal will bring $600 million in capital commitments to the asset manager’s private credit affiliate, Victory Park Capital, from CNO Financial Group.
BCG Penbridge Adds 2 Pension Risk Transfer Consultants
Tom Sablak and Sam Mossing join the firm's de-risking consulting practice.
Pembroke Management Wins $181M Mandate From La Caisse
The Québec pension aims to increase its investments with managers in the province.
SWFs Lag in Using AI for Compliance, per IFSWF Survey
Only 15% of sovereign wealth funds use artificial intelligence in their compliance operations, according to a report from the International Forum of Sovereign Wealth Funds.
Florida State Pension Misses Fiscal 2025 Benchmark, Projects Full Funding in 17 Years
Equities led the fund’s 10.3% return, which fell short of its target by 60 basis points.
Family Offices Brace for Trade Disputes
Many family offices have adjusted their portfolios toward defensive stocks amid geopolitical concerns.
La Caisse Acquires Australian Renewable Energy Company
The Québecois pension purchased Edify, which provides battery storage systems, for $725 million.
Blackstone Appoints BREIT, Core+ Chief to Succeed Slain Executive
Katie Keenan is the new CEO of Blackstone Real Estate Income Trust and the firm’s Core+ real estate business.
The Demographic Ripple: From Cribs in Shanghai to Corn in Iowa
Population trends are not background noise and deserve the same attention as AI, climate, cyber, geopolitics and liquidity on the risk dashboard.
Anwiti Bahuguna Named Global Co-CIO at Northern Trust Asset Management
Formerly the deputy CIO, Bahuguna will succeed recently promoted Michael Hunstad at the $1.3 trillion manager.
Global Asset Owners Rethink Asset Allocation Amid Market Uncertainty
Among institutional investors, 76% see tariffs as a material consideration in their decisionmaking, according to research from Morningstar.
PGIM, Partners Group Cooperate on Multi-Asset Investing
The duo will provide strategies for institutional and individual investors.