La Caisse and CalPERS Undertake Strategy Reviews
The Canadian fund has created a new infrastructure subsidiary while the US’ biggest pension is reorganizing its real assets investments.
News
Baylor Scott & White Loses CIO
Mark Amiri left the health care organization in early April, CIO has learned.
Johnson & Johnson Picks Pension CIO
Exelon’s Neil Roache has been named CIO of the Johnson & Johnson Pension Trust.
Liquidity Crisis? We Can Cope, Say Managers
A report claims existing rules are sufficient to manage falling asset liquidity if combined with additional tools.
SWFs, Pensions Double Down on Tech
A State Street survey of sovereign wealth funds and public pensions finds technology and data capabilities lacking.
Newsmakers
Multi-Asset’s Multiple Personality Disorder
CIO’s youngest reporter attempts to figure out what exactly multi-asset is—and if it’s any different from OCIO.
Lloyds Pension Strategy Chief Exits for Hedge Fund
Stephen McMillan is the third senior pension staffer to leave the £37 billion fund in less than 18 months.
Europe Waters Down Unpopular Pension Solvency Rules
A proposed funding regime has been abandoned in favor of a reporting tool and scenario testing—but pension funds are still not happy.
Reorgs, Reshuffles, Rethinks: Asset Management’s Overhauls
Firms including BlackRock, TIAA, and Bain Capital are making major changes to their businesses to meet evolving investor needs.
NYC Pension To Liquidate Hedge Funds
The $55 billion public plan blamed high fees and underperformance for unwinding its $1.7 billion hedge fund portfolio.
SEC Levels Fraud Charges at Ex-ConvergEx Transitions Chief
Khaled Bassily is accused of helping conceal extra charges within transition management fees.
S&P: Asset Owners ‘Hold the Key to Long-Termism’
Institutions cannot rely on company boards to tackle other investors’ short-term focus.
How Yale Manages Climate Change
David Swensen demonstrates how managers have—and haven’t—engaged with his team’s efforts to address greenhouse gas exposure.
Newsmakers
A Robot Wants Your Job
The investor of the future may already be incubating in a computer lab. Time to adapt to survive.