Newsmakers
Ex-asset management CEO Patrick Fleming will oversee the $20 billion sovereign fund.
Risk
Ask Cliff Asness, Ken French, or Benjamin Graham to define ‘quality’, and you would hear three different answers.
Newsmakers
The UK insurer has persuaded Vince Rennie back to a full-time investment role.
Newsmakers
Daniel Godfrey has left his role at the top of the UK’s asset management industry after less than three years.
Newsmakers
Elizabeth Hewitt has been tapped to lead the $1.9 billion fund, replacing retiring CIO William Petersen.
Regulation
Lawyers and unions have raised concerns as the UK chancellor confirms plans to radically overhaul UK public pensions.
Asset Allocation
Real estate and infrastructure funds saw a surge in
capital raising between July and September—but also record numbers seeking
assets.
Newsmakers
Kirk Stebbins, formerly at the City of Austin Employees’ Retirement System, has been hired to fill the long-vacant position at the $13.7 billion fund.
Risk
Growing awareness of ESG is not yet reflected in investment decision-making, according to Hermes Investment Management.
Asset Allocation
A report from Meketa Investment Group calls out target
date funds for high levels of public equity exposure.
Newsmakers
The top man at NZ Super
used his appointment to urge members to embrace transparency.
Manager Selection
UK pensions are satisfied with their fiduciary managers—but there is room for improvement in crucial areas, a survey says.
Regulation
Academics warn of subtle but potentially damaging effects of activist investment.
Risk
The retail chain takes a significant amount of pension risk off the table at minimal cost.
Prudential’s grip on US pension-risk transfers is loosening, as it splits Philips’ $1.1 billion bulk annuity purchase with two competitors.