Newsmakers
CIO to Take On Interim CEO Role at Australia’s Cbus
CEO Justin Arter is stepping down as chief executive of the $48.8 billion industry fund in May.
News Archive: Mar - 2023
Asset Allocation
Wisconsin State Pension Defers $26 Million in Incentives After 13% Loss
The State of Wisconsin Investment Board also reported nearly $780 million in private equity investments in Q3 2022.
Pensions
US Pension Risk Transfer Market Hit $51.8 Billion in 2022
Higher interest rates drove a spike in transactions, Aon reports.
Newsmakers
Britt Harris To Leave UTIMCO in June
CIO Rich Hall will be promoted to CEO and president.
Market Moves
Uncertainty Expected to Dominate Global Markets
Major economies ‘remain imbalanced’ with more volatility ahead, WTW finds.
Newsmakers
Maryland State Retirement Agency Is Adding COO
The new position is intended to help staff handle a growing workflow.
Risk
Hedge Funds Continue to Lose Investors
February, a bellwether month for the asset class, did not bring any relief, a Nasdaq eVestment study finds.
Regulation
Congress, SEC Move Forward With Electronic Disclosure
Congress has proposed allowing electronic disclosure to investors for SEC registrants, and the SEC is looking to require it for disclosures to the SEC itself.
Risk
Alibaba Split May Ease Regime’s Crackdown on China’s Big Tech
The e-commerce breakup into six pieces should shrink its influence on the Chinese economy. And hey, Jack Ma is back.
News
Ping An Investments Aligned With China’s Green Transition Policy, CIO Says
Insurer sets 20% annual growth targets for its green investments.
Risk
Property Loan Securities Are the Latest Problem
How reduced office occupancies and other obstacles slam the CMBS market.
Asset Allocation
Correlation in 2022 Prompts Thoughts on How to ‘Lose Less’
Investors rethink allocations as performance volatility arises.
Regulation
SEC Market Structure Proposals: Last Week for Public Comments
Interested parties have until the end of March to submit comments on the four SEC market structure proposals.
Asset Allocation
Global Investors Increase Focus on Portfolio Emissions
With no drop-off in reported climate commitments, implementation is the next challenge, according to Robeco research.
Newsmakers
Former Goldman Sachs MD Gets 10 Years for Embezzling From Malaysia’s 1MDB
Roger Ng allegedly laundered ill-gotten funds through financing ‘The Wolf of Wall Street.’