Pensions
Assets of Largest Pension Funds Rise to Record $24.4T
The largest 300 defined contribution and defined benefit plans saw their assets surpass their peaks in 2021.
News Archive: Sep - 2025
Newsmakers
Texas ERS Appoints Amy Cureton as Director of Real Assets
Cureton succeeds the retired Bob Sessa in the role.
Newsmakers
Chris Hogbin Named CEO of Lazard Asset Management
Hogbin, currently the global head of investments at AllianceBernstein, will succeed Evan Russo in December.
Pensions
Oregon PERF Posts 3.2% Q2 Return
The $95 billion Public Employee Retirement Fund outperformed its benchmark by 2 basis points.
Regulation
Colgate-Palmolive Longstanding Pension Calculation Case Settles for $332M
The agreement, which covers 1,177 employees, followed nine years of litigation.
Newsmakers
Northern Trust Asset Management Co-CIO Named President
Michael Hunstad, who has headed quantitative strategies and global equities for the firm, succeeds Daniel Gamba.
Corporate Moves
Alts Manager Rithm Capital to Acquire Private Credit Shop, Annuity Provider
The firm’s purchase of Crestline Management would create a $53 billion AUM alternative investment platform.
Manager Selection
Dutch Pension PZFW Terminates BlackRock, AQR, L&G Mandates Amidst Portfolio Reshuffle
The trio were dropped as equity managers as the fund looks to active investing.
Corporate Moves
Aon Sells Major Stake in NFP Corp. Wealth Business to Madison Dearborn
The $2.7 billion deal is expected to close in the fourth quarter of this year.
Newsmakers
Anup Agarwal Named CIO, Head of Ares Insurance Solutions
The insurance boss previously oversaw $200 billion at Global Atlantic.
Corporate Moves
Fidelity Looks to Expand in Asset Tokenization
The firm recently listed a tokenized money market fund.
Opinion
A New Dawn for Digital Assets: From Uncertainty to Action in the US
Changes in Washington have made it clear ‘we’ve entered an era of building,’ writes the CIO of a sovereign fund.
Corporate Moves
Nuveen Launches Partnership With Temasek, Hunter Point Capital
The two firms will take stakes in and make commitments to Nuveen Private Capital.
Pensions
US Public Defined Benefit Returns Beat Targets By A Mile
The median return of 11.3% for fiscal year 2025 topped the funds’ assumed rates of return by 430 basis points.
Asset Allocation
NBIM Acquires NYC Office Tower for $542.6 Million From CalSTRS, Silverstein
Norges Bank Investment Management will own 95% of 1177 Avenue of the Americas.