Opinion
Artificial Intelligence: Moving up the Investment Value Chain
Recent developments show a move from simple productivity gains toward systems solutions, but how will it work?
News
Market Moves
Anthropic, GIC, Macquarie Team Up on Data Center Development
The new venture, Theseus Infrastructure, will be owned by the investors and leased to the artificial intelligence pioneer as an anchor tenant.
Market Moves
Is It Time to Consider Small-Cap Strategies?
Asset managers are drawn to the category’s performance, specifically in industrials and other beneficiaries of the artificial intelligence theme.
Newsmakers
The 8th Wonder of The World: Why the Value of Liquidity Extends Beyond Yield
Federated Hermes Chair and CEO Christopher Donohue discusses how money market funds have become a core component of institutional cash management and a potential role for tokenized money funds.
Pensions
U.S. Public Pension Funds Consider AI for Productivity Uses
Funds are using artificial intelligence tools to automate routine functions where errors are recoverable and human review is routine, NCPERS reports.
Corporate Moves
Australian Super Funds Explore Potential Merger
Prime Super and Aware Super, with a combined roster of 1.4 million members, are in the due diligence phase.
Newsmakers
Kresge Foundation Establishes Leadership Transition
Jon Gentry will assume the senior investment leadership role, succeeding John Barker, with Emily Bertsche appointed deputy CIO.
Pensions
CalSTRS Returns 13.9% in Fiscal 2025-26
Assets of the California State Teachers’ Retirement System increased to $415.4 billion at the end of June.
Pensions
MassPRIM Sees 12.7% Return in Fiscal 2026
Assets managed by the Massachusetts Pension Reserve Investment Management rose to $129.5 billion, as a few companies drove equity outperformance in concentrated markets.
Corporate Moves
Apollo to Open ‘Innovation’ Hub in Austin, Texas
The planned hub will be led by Apollo Capital Solutions’ Eric Needleman and Athene Holding’s Mike Downing.
Asset Allocation
Asset Allocation Issues
Family offices are realigning their portfolios to avoid geopolitical, home region, concentration and currency risks.
Technology
For Family Offices, AI Is Both an Investment Theme and an Operational Test
Adoption of artificial intelligence tools and investments are rising across family offices.
Asset Allocation
Family Offices Growing in Number, Size
Expansion can warrant professionalization and put offices in competition for personnel with asset managers and institutions.
Asset Allocation
As OCIO Assets Grow, GIPS Standards Aim to Bring Consistency to Performance Reporting
Institutional clients increasingly seek to partner with outsourced providers who are GIPS compliant.
Opinion
Risk Is a Cake: CIOs Need to Know Which Layer Matters Most
To the consternation and delight of risk teams everywhere, there is no one-size-fits-all measure, writes a senior strategist from Capital Group.