Newsmakers
Mark Tay Named CIO of Asia Pacific Fixed Income at Allianz GI
Tay's appointment is effective October 1.
News Archive: Sep - 2025
Asset Allocation
Infrastructure Ranks as OMERS’ Top Performer in H1
The Canadian pension fund returned 2.2% during the first half of 2025 to raise its asset value to C$140.7 billion.
Market Moves
Trump Calls for Semiannual Reporting Instead of Quarterly Schedules
The president, in a social media post, suggested that public companies should report every six months, similar to the process used in the EU and other jurisdictions.
Pensions
Corporate Pension Funding Drives Higher in August
Strong investment returns drove gains in corporate pension funding surpluses.
Newsmakers
Future Fund CIO Leaves for Abu Dhabi Strategy Role
Ben Samild, who had led Australia’s sovereign wealth fund’s investing efforts since 2023, will reportedly become the Abu Dhabi Investment Council’s chief strategist.
Newsmakers
New York Life Names Craig Sabal CIO, Combines Investment Units
Sabal succeeds Tony Malloy, who is retiring after 27 years with the insurance giant.
Manager Selection
Yale Investments Launches 2026 Prospect Fellowship Applications
The university will select five ‘forward-thinking’ investors to launch their own investment funds with funding from Yale.
Asset Allocation
Connecticut Governor Preps State Pension Investment in WNBA Team
Ned Lamont wants to keep the Connecticut Sun in the state, proposing the state’s retirement fund to take a stake in the team.
Asset Allocation
New York State Pension Continues to Pare Back Public Equities Assets
The $284 billion fund has not allocated to the asset class in eight of the past 10 months and recently cashed out of $2.1 billion in equities.
Asset Allocation
Mega Investors Sold Millions of Google Shares Just Before Stock Soared
BlackRock, J.P. Morgan and CPP Investments are among the institutional investors that potentially missed out on billions of dollars in short-term gains.
Pensions
Kentucky Pensions Return Double Digits in Fiscal 2025, Assets Near $30B
The Kentucky Public Pension Authority reported strong returns across several funds, with each exceeding 11%.
Corporate Moves
Investment Managers Express Increasing Interest in Generative AI
An average of more than three in five asset managers are using generative artificial intelligence, up from 40% last year, according to a Broadridge study.
Pensions
Former Employee Accuses IBM of ‘Imprudent’ PRT Decision
IBM and State Street stand accused of putting cost savings ahead of retirees’ security by handing $14 billion in pension obligations to a Prudential unit.
Newsmakers
Franklin Templeton Snags Daniel Gamba From Northern Trust
The asset management executive was appointed as co-president and chief commercial officer.
Pensions
Shell to Outsource $40B in European Pension Assets to Goldman Sachs
The mandate is one of the largest for the asset manager, which oversees $450 billion in OCIO assets.