Active Investing Adds Billions to Canada’s Pensions Annually
Analysis shows a passive strategy could have cost CPPIB nearly C$50 billion since 2006-2007.
News
CalPERS Commits More than $1 Billion To PE
However, new co-investment program won’t be discussed this month as expected, and the fate of proposed direct-style private equity program also remains unclear.
Newsmakers
NextGens Breaking Today’s Glass Ceiling
How becoming a member of CIO’s future leaders club has aided in the career trajectory of its alumni.
Market Moves
What Will Happen to Stocks a Year After the Fed Cuts Rates?
Most of the time, shares are up nicely, except when there’s, um, a recession, an LPL study says.
Risk
UK’s NEST Pension to Quit Smoking
Move follows series of funds no longer interested in carrying tobacco-related investments.
Newsmakers
Texas Teachers’ Gets its First Contribution Rate Increase in 25 Years
Advocates call it ‘the most positive legislative action for all TRS members’ in quarter century.
Corporate Moves
Christian Ministry Pension’s New CIO Is Former IBM-er
Noradeen Farlekas replaces MMBB’s outgoing chief and longtime employee, Candace Cox.
Aberdeen, Sumitomo Form Venture to Invest in Asia Pacific Real Estate
The firms said they would incorporate ESG factors into the investment process.
Market Moves
Paul Tudor Jones: What to Do When the Fed Cuts Rates
Opt for stocks and gold, and not the US dollar, hedge fund operator says.
Newsmakers
Nominate the Best Asset Owners and Managers for the 2019 CIO Innovation Awards
Nominate your best asset owners and managers for this year's 10th annual bash.
Newsmakers
Legal & General Is Trying Out Blockchain for Its Bulk Annuities
The UK insurer to work with Amazon to cut costs and better store data for future bulk annuity deals.
Risk
Pittsburgh Mayor Asks Pension to Divest Guns, Fossil Fuels, Private Prisons
'These are areas that our financial means should not perpetuate,’ says Bill Peduto.
SEC Charges Student with Running Ponzi Scheme Out of Frat House
Syed Arham Arbab allegedly promised ‘fictitious’ annual returns of up to 56%.
Regulation
Kik Sued by SEC for Conducting $100 Million Unregistered ICO
Regulator says firm prevented investors from making informed decisions.
Market Moves
The Mexico Tariff Crisis Is Over, Right? Uh, Maybe Not
Think tank shows how easily the White House could about-face and slap harsh levies on the neighbor to the south.