Pensions
Pension Funding Soars in September due to Interest Rate Hike
A 47-bps jump in benchmark corporate bond rates offset one of the largest market losses of the year.
News
Asset Allocation
Brown University Posts 19.6% Fiscal Year Return
The institution's endowment grew to $9.5 billion in a year marked by strong VC returns.
Newsmakers
Cresset Capital Names Joe Zidle as Chief Market Strategist
The former Blackstone and Merrill Lynch executive had recently launched his own firm.
Investment Team Structure
San Diego Seeks CIO
The California city is looking for an investment manager to oversee its $2.8 billion portfolio.
SEC Seeks Final Judgment Against Former Western Asset Management Exec Ken Leech
The former CIO accused of a cherry-picking scheme will be sentenced on one charge.
Newsmakers
Cedars-Sinai Appoints CIO for $8B Portfolio
Michael Buchman will lead investments for the healthcare system.
Newsmakers
Octagon Credit Investors Names Investor Relations Head
John Zilko will lead institutional client development at the $31 billion manager.
Pensions
CPP Investments Partners With AT&T, GIP on Fiber Joint Venture
Forged Fiber 37 will invest across 16 US states to help meet the growing demand resulting from the artificial intelligence boom.
Newsmakers
Barings Appoints Asset-Based Finance Head
Sloan Sutta will oversee $60 billion in ABF investments for the manager.
Pensions
Public Pensions See Improvements in Recruitment, Retention
Plans have had a better time hiring and holding onto talent, according to a report from NCPERS.
Manager Selection
UK’s Nest Awards Wellington $4.6B Emerging Markets Equity Mandate
The National Employment Savings Trust aims to refocus its equity strategy for emerging markets.
Newsmakers
Doris Duke Foundation Hires Chief Technology Officer
Hong Qu will oversee the $2 billion foundation’s use of artificial intelligence and other emerging technologies.
Asset Allocation
AI Debt Issuance Taking Up More Room in Bond Indexes
Technology sector weight increases, but remains a small slice of the total—for now.
Asset Allocation
Active ETFs Play Increased Role in Institutional Portfolios
The investment funds offer advantages and challenges in both active and passive strategies, analysts say.
Asset Allocation
As ETFs Mature, Institutional Allocators Finding New Roles for Them
Growing sophistication and customization of exchange-traded funds is expanding their use by investors to more strategic, long-term investments.