Newsmakers
Deborah Wardle Named International CIO at Mercer
The 16-year veteran of the company was promoted after overseeing investment teams across Europe, the Middle East, Africa and Asia.
News
Pensions
Dallas Pension Fund Seeks Deputy CIO
The $4 billion Employees’ Retirement Fund of the City of Dallas seeks applications by August 24.
Newsmakers
Norfund Appoints Mark Davis as Inaugural CIO
The Norwegian investment fund for developing markets promoted its executive vice president for renewable energy to the top investor role.
Pensions
Australia’s Legalsuper Appoints HESTA Executive as CEO, Names New CIO
The leaders will join the specialist fund in August and October, respectively.
Asset Allocation
Brookfield, CPP Investments Partner On $5.2B Take-Private Deal
The asset manager and the Canadian pension fund will acquire warehouse and logistics company LXP in an all-cash transaction.
Asset Allocation
Institutional Investors Regain Interest in Commercial Real Estate
A CRE rebound is driving institutional capital back into the asset class, including office space.
Newsmakers
Singapore’s GIC Reshuffles Investment Leadership
The sovereign wealth fund promoted two CIOs into roles as deputy group CIOs.
Regulation
SEC to Make E-Delivery Default for Investor Disclosures
A proposed regulation would allow firms to send prospectuses, shareholder reports and other required documents electronically without first obtaining investor consent.
Asset Allocation
AI Infrastructure Boom Presents Risk, Opportunity for Insurers
While insurance premium growth is expected to soften this year, the artificial intelligence investment cycle is creating large pools of insurable assets, according to Swiss Re.
Opinion
AI’s Build-Out Has a Deliverability Problem
An investment firm partner explains why allocators’ success depends on understanding the risks inherent in data center and power projects, including the needs of the communities where they are built.
News
AT&T to Settle Retiree Pension Lawsuit for $184M
If approved by a federal district court in California, the deal would require updates to future pension calculations.
Pensions
CalSTRS to Anchor Nuveen Sustainable Infrastructure Fund
The Energy & Power Infrastructure Credit Fund II will receive up to $2 billion from the California State Teachers’ Retirement System.
Pensions
Asset Returns, Interest Rates Fall Among Milliman 100 in June
Though minimal in the short term, persistent drops in pension funding could ‘drain’ firms’ surpluses, cautioned Milliman’s Zorast Wadia.
Pensions
CalPERS Reports 14.8% Return for Fiscal Year
The preliminary return for the one-year period ending June 30 was driven by public and private equity.
Newsmakers
Cerity Partners Hires Will Peng as Chief Innovation Officer
Peng is tasked with driving artificial intelligence adoption at the wealth management and OCIO firm.