The Equable Institute’s State of Pensions 2023 report claims that ‘pension funds are addicted to risk.’
Monte Tarbox, the veteran union pension fund leader, succeeds Randy Kinder at the AFL-CIO Investment Trust Corp.
Despite a harsh political climate for the concept, a CIO webinar of experts offers some smart insights.
Revamp taps three other executives for new roles and follows elevation of Andrea Kramer to chief operating officer in May.
The Scottish investment giant will transfer $4 billion in AUM and 30 employees to the Boston-based alts manager.
Public equities and private debt were the top performers for the fund’s $462.8 billion portfolio.
Group assembled by Nobel winner Stiglitz chides governments for ignoring pledge they signed to fight global poverty.
The Illinois TRS is also looking to hire a new investment officer and plans to open a Chicago office.
Big tech mega caps skew the profits picture, and stripping them out makes the outlook flat.
But the institutional investors revamped their approach to the asset class after it failed to protect them when equities tanked in 2022.
Roger Sayler is retiring after nine years with the Episcopal Church’s investment manager.
The Mansion House reforms also seek to create superfunds to consolidate the ‘fragmented’ defined benefit market.