Regulation
SEC, CFTC Propose Reduced Reporting Requirements for Private Funds
The changes would undo enhanced requirements put in place under former President Joe Biden.
News
Opinion
A Valuable Diversifier in an Era of Uncertainty and Concentration
The latent opportunities of undervalued Japanese firms offer defense against a down cycle for US technology, writes Amova Asset Management’s chief global strategist.
Asset Allocation
Family Office Priorities Shift Amidst Generational Transitions
Younger generations are developing investment strategies that differ from those of office founders, according to a report from Ocorian.
Pensions
Australia, Its Super Funds Plan to Increase UK Collaborations
The two commonwealth countries signed an agreement to further unlock bilateral investment of superannuation and pension capital.
Newsmakers
Niall O’Sullivan Named Global CIO at Mercer
O’Sullivan will succeed Hooman Kaveh in the position on May 1.
Newsmakers
TIFF Taps Former Columbia Endowment COO as New Operations Chief
Julius Mercado joins the outsourced CIO specialist, overseeing fund operations, portfolio reporting and data and analytics.
Pensions
BlackRock: Record High Corporate Pension Surplus Levels Need to Be Preserved
According to the asset manager, plan sponsors should focus on investments, plan management and governance to help plans achieve and maintain full funding.
Asset Allocation
NYC Pension System to Invest $4B in Affordable Housing
The New York City Housing Investment Initiative, announced by Comptroller Mark Levine, would deploy $1 billion per year over the next four years.
Pensions
March Market Losses Drive Down Corporate Pension Funding, Quarter Still Strong
The funded status of the largest 100 U.S. corporate defined benefit plans improved by $6 billion in the year’s first quarter, according to Milliman.
Regulation
Federal Guidance: Proxy Advisers, Others May Be ERISA Fiduciaries
The Department of Labor clarified that proxy advisers “regularly fit the definition of functional fiduciaries” and that the actions of managers, sovereign funds and others could also make them advice fiduciaries.
Risk
IMF Warns Middle East War Could Lead to Global Recession
The conflict has halted the economic momentum from 2025, according to the global organization.
Corporate Moves
October Three Acquires Broker Education Provider
Broker Educational Sales & Training content will be integrated into October Three’s Retirement Learning Center.
Market Moves
Service Providers Rolling Out Tools Needed for Total Portfolio Approach
Private markets data are emerging as a blind spot for allocators seeking a holistic view of an entire portfolio, so products are being tailored to help.
Alternatives
BlackRock Sees Strong Institutional Demand for Private Credit
The asset class, along with infrastructure, drove the firm’s inflows during the first quarter, while executives downplayed woes related to investor BDC redemptions.
Manager Selection
Manager Selection Seen Driving Return Dispersion
Endowments and foundations with similar asset allocations are experiencing a divergence in returns, according to OCIO Analytics.