Asset Allocation
New York City Aims to Build Up Reserves to Gird for AI Disruption
City Comptroller Mark Levine called for the share of tax revenue dedicated to ‘rainy day fund’ assets to rise to 16% from 8.5%.
News
Corporate Moves
Baillie Gifford to Launch ETF Suite in US
The actively managed exchange-traded funds will focus on emerging markets and international stocks.
Opinion
Why the Best AI Investors Are Also Builders
Technology operatives who co-founded a VC firm explain how artificial intelligence is fundamentally changing the venture capital model.
Asset Allocation
Family Office Demand for OpenAI, Anthropic, SpaceX Equity Rises Ahead of Public Listings
Despite high interest for pre-initial public offering access, questions remain about the validity of access gained through special purpose vehicles.
Pensions
CPP Investments’ 7.8% Fiscal 2026 Return Buoyed by IT, Communications Sectors
The Canadian pension’s asset value rose to C$793.3 billion despite ‘tariffs, trade disputes and geopolitical tension.’
Asset Allocation
Volatility Pushes Investors to Consider Active Strategies
Shifts coming at the portfolio construction and market levels mean allocators need to stay focused on their goals.
Asset Allocation
How Investors Are Choosing Between Active and Passive Strategies
Both approaches have benefits, but the current market volatility has changed how allocators weigh cost and governance differences.
Asset Allocation
Public Equities Buoy Church of England’s 8% Return in 2025
The performance raised the endowment’s asset value to £11.6 billion ($15.6 billion).
Newsmakers
Athene Elevates Matthew Michelini to President
Apollo’s head of Asia-Pacific steps up at the asset manager’s insurance affiliate.
Asset Allocation
How Should Institutional Investors Approach H2 2026—Active or Passive?
Much depends on an organization’s portfolio objectives.
Newsmakers
SEI Names Nathan Shetty as CIO
The asset manager, outsourced CIO and technology service provider’s new investment chief has past experience at Nuveen and at UBS Asset Management.
Pensions
Danish Pension Fund Blacklists SpaceX
Anders Schelde, CIO of AkademikerPension, cited overvaluation and governance concerns about the company, expected to make an initial public offering in June at a $1.8 trillion valuation.
Pensions
Global Pensions at a Glance
The OECD's review of pension, retirement age, population and other demographic data, from across its member countries, that could affect pension funding and economies broadly in years to come.
Opinion
Using the Power of a Pension Surplus to Enhance Retirement Security
Overfunded defined benefit plans are now a hallmark of corporate America, and sponsors are exploring new, strategic uses of pension surpluses to extend employee benefits.
Newsmakers
AustralianSuper Promotes From Within for New CIO
Shaun Manuell, who has led the fund’s Australian equities team for 13 years, will start in his new role on July 1.