Princeton Endowment Returns 11% in Fiscal 2025
Assets managed by the Princeton University Investment Co. rose to $36.4 billion.
News
Federated Hermes to Take 80% Stake in Multifamily Real Estate Manager
Maryland-based FCP will add a $3.8 billion platform brings Federated into the U.S. real estate market and expands its presence in private markets.
Dartmouth Endowment Returns 10.8% in Fiscal 2025
Assets of the fund, which distributed $453 million to college operations in the year, rose to $9 billion at the end of June.
Donnelley Terminates Frozen Pension Plan
The company settled its pension obligations through lump sum payments to some participants and by purchasing annuity contracts from an unnamed insurer for remaining obligations.
ISS STOXX Launches Real Assets Climate Solutions Suite
The tools aim to help investors understand climate risks within their portfolios.
Brown Advisory Names Nick Kirrage to Lead Global Equity Strategies
The former Schroders fund manager will help expand the firm’s global equities platform.
Proxy Advisers Rally Investors Against Musk Pay Package at Tesla
Institutional Shareholder Services and Glass Lewis are recommending shareholders vote against a $1 trillion compensation plan for Elon Musk.
US Public Pension Funds’ Funded Ratios Rise to Highest Levels in Nearly 4 Years
The 100 largest public pensions’ were 85.4% funded in September, up from 84.2% in August.
Steven Meier to Depart as CIO of NYC Pensions
The investment chief of the city’s Bureau of Asset Management is leaving November 7 for an unspecified new opportunity.
Corporate Pension Funding Ratios Hit Highest Level Since 2007
Asset surpluses of the largest corporate defined benefit plans continued to surge in September.
Behind Nikko Asset Management’s Rebrand to Amova
The change is intended to reflect a new era for the firm, including its global growth, according to CEO Stefanie Drews.
After ‘Very Long Winter,’ Emerging Markets May Finally Be Living Up to Their Potential
Analysts and consultants concur that EM public assets represent an attractive opportunity, particularly in comparison to opportunities in the US.
IFM Investors, Nest Complete First UK Investments
The allocations come from a Nest-seeded global infrastructure debt fund that IFM is managing.
South Carolina State Pensions’ Investment Manager Promotes Bryan Moore to CIO
The former deputy and interim CIO will oversee the investments for the state’s five defined benefit plans.
CIO Presents 2025 Industry Innovation Awards
Chief Investment Officer honored the institutional investors, asset managers and service providers driving innovation in their fields at the 2025 Industry Innovation Awards dinner.
A photo gallery from the Influential Investors Forum and the awards event is available here.