Taiwan’s Bureau of Labor Funds Allocates $3B in Climate Transition Mandate
Five managers from around the world were selected to run equal parts of the passive infrastructure investment.
News
Deborah Wardle Named International CIO at Mercer
The 16-year veteran of the company was promoted after overseeing investment teams across Europe, the Middle East, Africa and Asia.
Dallas Pension Fund Seeks Deputy CIO
The $4 billion Employees’ Retirement Fund of the City of Dallas seeks applications by August 24.
Norfund Appoints Mark Davis as Inaugural CIO
The Norwegian investment fund for developing markets promoted its executive vice president for renewable energy to the top investor role.
Australia’s Legalsuper Appoints HESTA Executive as CEO, Names New CIO
The leaders will join the specialist fund in August and October, respectively.
Brookfield, CPP Investments Partner On $5.2B Take-Private Deal
The asset manager and the Canadian pension fund will acquire warehouse and logistics company LXP in an all-cash transaction.
Institutional Investors Regain Interest in Commercial Real Estate
A CRE rebound is driving institutional capital back into the asset class, including office space.
Singapore’s GIC Reshuffles Investment Leadership
The sovereign wealth fund promoted two CIOs into roles as deputy group CIOs.
SEC to Make E-Delivery Default for Investor Disclosures
A proposed regulation would allow firms to send prospectuses, shareholder reports and other required documents electronically without first obtaining investor consent.
AI Infrastructure Boom Presents Risk, Opportunity for Insurers
While insurance premium growth is expected to soften this year, the artificial intelligence investment cycle is creating large pools of insurable assets, according to Swiss Re.
AI’s Build-Out Has a Deliverability Problem
An investment firm partner explains why allocators’ success depends on understanding the risks inherent in data center and power projects, including the needs of the communities where they are built.
CalSTRS to Anchor Nuveen Sustainable Infrastructure Fund
The Energy & Power Infrastructure Credit Fund II will receive up to $2 billion from the California State Teachers’ Retirement System.
Asset Returns, Interest Rates Fall Among Milliman 100 in June
Though minimal in the short term, persistent drops in pension funding could ‘drain’ firms’ surpluses, cautioned Milliman’s Zorast Wadia.
CalPERS Reports 14.8% Return for Fiscal Year
The preliminary return for the one-year period ending June 30 was driven by public and private equity.
Cerity Partners Hires Will Peng as Chief Innovation Officer
Peng is tasked with driving artificial intelligence adoption at the wealth management and OCIO firm.