Wall Street Vet to Lead Wyoming SWF
Ex-asset management CEO Patrick Fleming will oversee the $20 billion sovereign fund.
News
The Five Dimensions of Quality
Ask Cliff Asness, Ken French, or Benjamin Graham to define ‘quality’, and you would hear three different answers.
LV Hires Former Zurich Life Chief as CIO
The UK insurer has persuaded Vince Rennie back to a full-time investment role.
Head of UK Fund Manager Group Exits Amid Rift
Daniel Godfrey has left his role at the top of the UK’s asset management industry after less than three years.
Robert Wood Johnson MD to Lead Sloan Foundation
Elizabeth Hewitt has been tapped to lead the $1.9 billion fund, replacing retiring CIO William Petersen.
Questions Raised Over UK Public Pension Reform
Lawyers and unions have raised concerns as the UK chancellor confirms plans to radically overhaul UK public pensions.
Investors Pile into Real Assets as Record Numbers Seek Funding
Real estate and infrastructure funds saw a surge in capital raising between July and September—but also record numbers seeking assets.
Oklahoma Teachers Taps First CIO in Six Years
Kirk Stebbins, formerly at the City of Austin Employees’ Retirement System, has been hired to fill the long-vacant position at the $13.7 billion fund.
ESG Still Not a Priority for CIOs
Growing awareness of ESG is not yet reflected in investment decision-making, according to Hermes Investment Management.
TDFs Take Heat for ‘Risky’ Asset Allocation
A report from Meketa Investment Group calls out target date funds for high levels of public equity exposure.
NZ’s Orr Takes SWF Association Chair
The top man at NZ Super used his appointment to urge members to embrace transparency.
Do OCIOs Provide Value for Money?
UK pensions are satisfied with their fiduciary managers—but there is room for improvement in crucial areas, a survey says.
Activist Hedge Funds’ Transparency Problem
Academics warn of subtle but potentially damaging effects of activist investment.
JC Penney Seals Buy-In for $5B Pension
The retail chain takes a significant amount of pension risk off the table at minimal cost.
L&G America Takes on PRT Market, Inking Major Pension Buyout
Prudential’s grip on US pension-risk transfers is loosening, as it splits Philips’ $1.1 billion bulk annuity purchase with two competitors.