New SEC Task Force Focuses on AI Applications
Valerie Szczepanik, the SEC’s chief artificial intelligence officer, is leading the effort to facilitate AI integration across the agency.
News
New York City Pension System Returns 10.3% in Fiscal 2025
The city’s five retirement systems collectively managed $294.6 billion as of the end of June 30.
ETFs Saw $121B in Inflows in July, $677B for Year to Date
Investors piled into equity and fixed-income exchange-traded funds, while dumping small-cap exposure.
Sparkes Joins Pandion Asset Management to Lead Business Development
The former director of the New York City Board of Education Retirement System’s experience spans decades working with institutional asset allocators.
University of North Carolina CIO Jonathon King to Retire
King has served as president, CEO and investment chief of the UNC Management Co. since 2005.
MassPRIM Returns 9.6% in Fiscal 2025
Massachusetts Pension Reserves Investment Management assets rose to $115 billion.
Brinley Partners Launches Inaugural CLO, Backed by $4B From Insurance Firm
The BCI-backed private credit firm plans to target companies in defensive sectors.
New York State Pension Puts More Into Private Equity
The $273 billion New York State Common Retirement Fund committed $2.3 billion to the asset class during March and May alone.
Nest Commits $750M to Timberland Fund
The U.K.’s largest workplace pension will gain exposure to the asset class through BTG Pactual TIG.
Geoffrey Berg Named University of Rochester CIO, Succeeding Doug Phillips
The endowment’s new investment chief previously held the role at the South Carolina Retirement System Investment Commission.
Lehigh University Names Michael Gould as Interim CIO
On staff in the endowment’s investment office since 2018, Gould steps in for the departing Kristin Agatone.
Fixed-Income Benchmarks Become More Customized
Technology, data collection and better funded statuses have asset owners rethinking traditional benchmarks.
Data, Custom Indexing Reshape Public Equity Portfolios
Investors are increasingly seeking to customize their investments to their specific mandates.
Measuring Hedge Fund Performance Has Its Limitations
Benchmarks are a key part of the discussion as investors look for ways to quantify the funds’ contributions of different exposures to generate returns.
System-Level Investing in Practice: From Beliefs to Blueprints
‘If you want to go fast, go alone. If you want to go far, go together.’ But what if the road itself is crumbling?