Asset Allocation
As Many DB Plans Reach a Surplus, Plan Sponsors Have Options
Delta Air Lines CIO Jonathan Glidden offers a peek into the internal debates.
News
Asset Allocation
Market Volatility, Litigation Slow PRT Deal Flow
Solutions could include consideration of plan design and lifetime income options for plan sponsors and participants.
Pensions
PRT Costs Rise in March, while Volumes Fall
Amid up-and-down markets, the estimated cost to transfer plan liabilities to insurers rose to 102.5% of accumulated benefits obligations.
Newsmakers
Cbus CIO Brett Chatfield Steps Down
Leigh Gavin will take over as investment chief of the $64 billion superannuation fund.
Newsmakers
Wilshire Promotes Jason Schwarz to CEO
The firm’s deputy CEO will take the helm of the investment consultant.
Research
Global Asset Management AUM Reaches $128T in 2024
Market performance drove 70% of asset manager revenue last year, according to research from the Boston Consulting Group.
Alternatives
Japan’s GPIF Urged to Boost Domestic PE, VC Investments.
Lawmakers are calling for financial reform to turn the country into an ‘asset management nation’ and attract more capital from home and abroad.
Alternatives
CFA Institute Launches Private Equity Certificate
The Advanced Private Equity Certificate aims to equip PE professionals with applicable skills.
Opinion
Affordable Housing Debt: An Opportunity Hiding in Plain Sight
The managing director of Impact Capital makes the case for reliable, low-risk investments financing multi-family housing.
Market Moves
Harvard Exploring $1B Secondaries Market Sale
Jefferies is reportedly advising the university's endowment on a sale to Lexington Partners.
Alternatives
What Investors Need to Know to Value Private Portfolios
CIO connected with Gregory Brown, a professor of finance at the University of North Carolina’s Kenan-Flagler Business School, regarding his research into valuing illiquid assets.
Market Moves
Norges Bank Sees Negative Returns in 1st Quarter of 2025
Assets of Norway’s $1.78 trillion sovereign fund fell by 0.6%, a result of weak U.S. equity market returns.
Newsmakers
InBC Investment Corp. Searching for CIO
The Canadian crown corporation seeks a successor to Leah Nguyen, its inaugural investment chief.
IMF Slashes US GDP Growth Forecast Over Geopolitical Tensions, Tariff Hikes
A sharply lowered global economic growth outlook was attributed to ‘a highly unpredictable environment.’
Pensions
BlackRock Foundation Commits $2M to Nest Insight
The three-year agreement aims to help increase savings for U.K. households.