Newsmakers
Behind Nikko Asset Management’s Rebrand to Amova
The change is intended to reflect a new era for the firm, including its global growth, according to CEO Stefanie Drews.
News
Asset Allocation
After ‘Very Long Winter,’ Emerging Markets May Finally Be Living Up to Their Potential
Analysts and consultants concur that EM public assets represent an attractive opportunity, particularly in comparison to opportunities in the US.
Alternatives
IFM Investors, Nest Complete First UK Investments
The allocations come from a Nest-seeded global infrastructure debt fund that IFM is managing.
Newsmakers
South Carolina State Pensions’ Investment Manager Promotes Bryan Moore to CIO
The former deputy and interim CIO will oversee the investments for the state’s five defined benefit plans.
Newsmakers
CIO Presents 2025 Industry Innovation Awards
Chief Investment Officer honored the institutional investors, asset managers and service providers driving innovation in their fields at the 2025 Industry Innovation Awards dinner.
A photo gallery from the Influential Investors Forum and the awards event is available here.
Asset Allocation
Brown University Endowment Returns 11.9% in Fiscal 2025
The assets of the fund rose to $8 billion at the end of June.
Asset Allocation
Harvard’s Calculated Risk Leads to 11.9% Reward in Fiscal 2025
The $57 billion endowment’s allocation to private equity has steadily grown to 41% of its portfolio from 16% eight years ago.
Alternatives
OMERS’ Bruce Power Completes $1B Inaugural Senior Unsecured Bond Issuance
The issuance from the Ontario pension subsidiary is the largest to date within the Canadian power and utilities sector.
Asset Allocation
Eli Lilly and Co. Selects Goldman Sachs for $25B OCIO Mandate
The company’s CIO, Susan Ridlen, retired in August, and Goldman Sachs Asset Management will now manage its portfolio.
Winning Investment Strategies
Mega Investors Consider Ditching Silo Investing for Total Portfolio Approach
CalPERS will vote next month on a proposal to adopt the trending investment strategy.
Asset Allocation
Endowment Tax Increase Will Have ‘Significant Impact’ on Yale Finances
The tax, which will balloon to 8%, will be an ‘ongoing expense of approximately $300 million per year,’ according to the university’s provost.
Asset Allocation
New York Pension Earmarks More Than $1B, Continues to Shun Public Equities
The New York State Common Retirement Fund has now gone nine of the past 11 months without allocating a dollar to public equities.
Newsmakers
NextGen Leaders Point to Career Growth, Peer Recognition
Members of the annual CIO list of rising institutional allocators shared how the NextGen program has affected their career development.
Research
Netherlands, Iceland, Denmark Named World’s Best Pension Systems
The A-grade countries’ retirement schemes deliver good benefits, are sustainable and have high levels of integrity, according to Mercer.
Newsmakers
Stefan Strein to Receive CIO’s 2025 Versatility Award
The Cleveland Clinic CIO has set up a thriving generalist team that has also become an incubator for investing leaders.