Legal & General to Form Credit Partnership With Blackstone
The insurer’s annuity and asset management businesses will tap the alternatives giant for private credit offerings.
News
BlackRock, Fidelity, Grayscale Dominate Crypto ETF Assets Amidst Institutional Interest
The firms’ offerings made up 85% of all crypto AUM, while separate research found 75% of investors expect cryptocurrency to soon become part of institutional allocations.
Australia’s Central Bank Names Private Partners to Test Tokenized Asset Uses
The selected firms include Northern Trust, Australia and New Zealand Banking Corp., and Westpac Banking Corp., along with smaller fintech providers.
Intentional Endowments Network Launches Responsible Tech, AI Initiative
With support from Omidyar Network, IEN plans to engage asset owners, managers and others in driving an ethical and transparent technology ecosystem.
Ontario Teachers’ Pension Departs Airport Business
The pension fund sold its stakes in the five airports it owned in multiple transactions spanning fewer than three months.
UK Plumbing Pension Picks WTW as OCIO for $1.63B Plan
The Plumbing and Mechanical Services Industry Pension Scheme aims to eventually offload its liabilities to an insurer.
William Blair Names Robert Kendall as Global Head of Investment Management
The former Raymond James Investment Management president will succeed Stephanie Braming.
Ohio Legislators Reshape Teachers’ Pension Board Structure
According to the recently passed state budget, teachers will see their representation on the State Teachers’ Retirement System of Ohio’s board slashed to three from a majority of seven by 2028, following years of governance conflict.
Outdated Financial Theory Is Failing Us All: What CIOs Must Rethink About Risk, Return and Resilience
Today’s systemic threats—from climate breakdown to democratic backsliding—demand a fundamental shift in how CIOs understand and manage long-term value creation.
April Wilcox Named Senior Investment Director at CalSTRS
Promoted from director of investment services, Wilcox will direct the investment operations of the $358 billion plan.
CIO Interview Series: Barry Kenneth, CIO of the UK’s Pension Protection Fund
The CIO of the UK's Pension Protection Fund discusses investing in the private markets and investing trends.
Aquiline Closes Acquisition of SEI Family Office Services Unit
The business has been rebranded as Archway, effective June 30.
President Trump Signs Tax, Policy Bill
The massive measure raises taxes on certain endowments, extends the federal debt limit, makes cuts to federal benefits and much more.
Apollo-, Athene-Backed Athora to Acquire PRT Provider Pension Insurance Corp.
The $7.78 billion acquisition of the U.K.-based defined benefit insurer will create a group with $158 billion in assets.
NC State Legislation Moves Sole Pension Investment Decisions Away From Treasurer
The newly created North Carolina Investment Authority’s five-member board will oversee all investment activities for the state’s retirement system.