CIO’s Ninth Annual Industry Innovation Awards: Nominations Open
Nominations for innovative and talented asset owners and managers/servicers open until August 4.
News
University of Texas Hires Director for New Hedge Fund Portfolio
Anthony Caruso will run the new stable value section after hedge operations were split in two.
Alaska Permanent Fund Corporation’s CIO Departs
Russell Read will start a new role in London while Marcus Frampton steps up in the interim.
Tax Cuts Are Powering Good Outlook for 2nd Quarter, Asset Manager Says
Delta Investment Management shows how lower IRS tab pumps up profit margins.
Brown University Names New Investment Managers
Joseph Dowling III, Jane Dietze promoted to CEO, CIO respectively.
SEC Charges KBR with Inflating Performance Metric
Firm agrees to pay $2.5 million fine to settle with regulator.
CIO’s Ninth Annual Industry Innovation Awards: Nominations Open
Nominations for innovative and talented asset owners and managers/servicers open until August 4.
Church of England Votes to Divest from Fossil Fuels
Oil, gas companies have until 2023 to comply with Paris Agreement goals before the church will pull all holdings.
SEC Charges Firm for Failing to Supervise Rogue Brokers
Alexander Capital to pay more than $400,000 in fines for brokers who ‘churned’ accounts.
OPTrust Outlines Climate Change Investment Strategy
$15 billion fund has 7.6% of it portfolio invested in renewable energy and green real estate.
CIO’s Ninth Annual Industry Innovation Awards: Nominations Open
Nominations for innovative and talented asset owners and managers/servicers open until August 4.
Moody’s Calls Minnesota’s Pension Reform ‘Far From a Cure All’
Credit rating agencies say fixes for the severely underfunded retirement system don’t go far enough.
New Jersey Making Big Push on ESG Investing
State pension system targets arms sales, using contractors instead of employees, and foreclosures on hurricane victims.
Labor Participation Is Up, so Fed Should Cool It, Economist Says
Natixis’ Joseph Lavorgna thinks better news on jobs means the Federal Reserve should end the rate hikes.