Connecticut Names Deputy for $30B Pension
Laurie Martin will support CIO Deborah Spalding in managing the public fund.
News
Active Manager M&A to Increase, Say Ratings Agencies
The continued swing towards passive investment strategies will see more deals emerge along the lines of Janus-Henderson, Moody’s and Fitch say.
A Fledgling Investment Relationship
A ground-breaking collaboration needs bold leadership, and that’s just what the Local Pensions Partnership has in the shape of Sally Bridgeland.
UK’s Local Pensions Partnership Names Chief Risk Officer
Tom Richardson has been appointed head of risk management at the £10 billion pension pool.
UC Regents Loses Private Equity Chief to Foundation
Tim Recker will join the James Irvine Foundation next month.
The Hartford Investment Club
CIO roadtrips to Connecticut for cocktails, blues music, and lessons from Hartford Healthcare’s David Holmgren on the value of community.
U. of Texas Endowment Chief Zimmerman Exits
The CEO and CIO is leaving the $37 billion public endowment after nine years.
UTC Pension Shaves Off $1.8B in Liabilities
United Technologies will transfer $775 million of benefit obligations to Prudential and offer some employees a lump sum payment.
ICI Splits $1.2B Buy-In with Two Insurers
The UK chemical firm has now completed 11 transactions in three years using its innovative “umbrella” contracts.
IMF: Low Rates Threaten Solvency of Pensions, Insurers
The longer interest rates stay low, the more difficult it will be for pension funds and life insurance companies to meet liabilities.
UK Watchdog Lays Down Transaction Cost Rules
Asset managers must calculate and communicate transaction costs to pension investors, says the UK’s Financial Conduct Authority.
A Corporate Pension’s Guide to Credit Spreads
How liability-driven investors can manage credit spread risk, according to Cambridge Associates.
The Investment Consultant Paradox
Stefan Dunatov, CIO of the UK’s Coal Pension Trustees, asks: Where are all the trusted, impartial advisors the investment industry desperately needs?
Ford CIO Kathleen Gallagher Retires
The automaker’s investment chief of nine years will be replaced by Erin Rohde.
Janus Group to Merge With Henderson
The combined entity will manage more than $300 billion of assets once the deal is complete.