Asset Allocation
Equity Gains Buoy Ohio School Employees’ 7.4% Return in Fiscal 2023
The School Employees Retirement System of Ohio topped its benchmark and raised its asset value to $17.8 billion.
News
Newsmakers
GuideStone Financial CIO David Spika to Retire at End of Year
Public investments director Brandon Pizzurro will succeed Spika to oversee the faith-based firm’s $20.2 billion in AUM.
Newsmakers
University of Minnesota CIO Stuart Mason to Retire in Early 2024
Mason has served as CIO for 21 years, and a selection process for his successor is underway.
Asset Allocation
Congress Looks to Cut Deficits Amid High Interest Rates
High U.S. debt-to-GDP ratio and political uncertainty are among factors driving 10-year Treasury yields to 16-year highs.
Risk
CFA Institute Systemic Risk Council Adds 3 New Members
The policy and regulatory reform advocacy group expands to 19 with new experts from Germany, France, and the US.
Asset Allocation
For Energy Transition Investing, Allocators Eye Private Assets
They provide diversification, and use of them will grow, a Schroders survey finds.
Corporate Moves
Northern Trust Developing Platform to Allow Institutional Buyers to Digitally Access Carbon Credits
Use of smart contracts expected to bring rigor to voluntary carbon credit market.
Newsmakers
Illinois SURS Looking to Hire New CIO
The $22.6 billion pension fund is also seeking investment analysts for fixed income, equities and real assets.
Asset Allocation
PE Buyouts ‘Meaningfully’ Outperform Public Equities, Norges Bank Finds
The pension giant also found that venture capital and growth equity have underperformed public equities.
Most Asset Owners Seek to Implement ESG Strategy, Says Morningstar
The 2023 Voice of the Asset Owner survey probes views on developing ESG investment strategies.
Newsmakers
2023 Asset Owner Industry Innovation Award Finalists Announced
On December 5, CIO will recognize the allocators driving change and enhancing performance in institutional investing.
Newsmakers
2023 Asset Management & Servicing Industry Innovation Award Finalists Announced
CIO will recognize firms driving change and enhancing performance in institutional investing on December 5.
Risk
JOLTS Report Sends Stocks Tumbling, Prompting Visions of Another Fed Hike
Job openings surge for August is almost 1 million higher than expected.
Newsmakers
Private Equity Women Investor Network Names Emily Mendell Executive Director
Mendell brings three decades of leadership in venture capital and private equity.
Market Moves
S&P 500 Earnings Off 1% in Q3, Analysts Estimate
Marking a third straight period of losses, the index’s EPS suffered in financials, real estate, material, health care and energy, a survey finds.