Newsmakers
Temasek Asset Management Unit Seviora Opens Shop in Abu Dhabi
The new office is the $54 billion firm’s first foray into the Middle East.
News
Newsmakers
Nuveen Promotes Phillips to Global Head of Real Estate
Phillips now oversees a $141 billion portfolio of commercial real estate investments.
Opinion
Tech Sector Dominates Shorting Activity for Third Consecutive Month
Data from financial technology and software provider Hazeltree highlights investor skepticism about technology stocks and the sector's resilience, and offers early insights into risks and possible opportunities.
Newsmakers
Wyoming Seeks a CIO for State Sovereign Fund
The position, in the state treasurer’s office investments division, oversees a team of 10 people managing assets, including about $31 billion in non-pension assets.
Newsmakers
CalPERS’ Deputy CIO Dan Bienvenue Leaving in April
The longtime investment staff leader is joining General Atlantic to lead pensions solutions offerings.
Newsmakers
Mergers Continue Across Australian Supers
Mine Super and TWUSUPER tie-up official; CareSuper to combine with meat industry fund.
Asset Allocation
Public Equities Lead Healthcare of Ontario Pension Plan’s 9.7% Return in 2024
HOOPP ended 2024 with a funded ratio of 111%, its 15th straight year with more assets than liabilities.
Research
Insurers Further Embrace Private Assets, Especially Private Credit
Approximately 62% of insurers plan to increase their private markets allocations, according to a survey of insurance CIOs conducted by Goldman Sachs.
Asset Allocation
Infrastructure, Real Assets Make Attractive Additions to Fixed-Income Portfolios
The asset classes can provide significant diversification and are uncorrelated with other fixed-income investments.
Corporate Moves
Morgan Stanley Hires New Head of OCIO
Sona Menon is joining from Cambridge Associates.
Asset Allocation
Institutional Investors Expect to Raise Risk Tolerance for Private Markets
Private infrastructure is attracting more attention from pensions, sovereign wealth funds and endowments, per a Nuveen survey.
Pensions
Ontario Teachers’ Nets 9.4% Return, Assets Grow to $185.5B
The fund touted strong returns across equities, credit and inflation-sensitive assets.
Market Moves
Boston Celtics Sold to Consortium of Investors, Including Sixth Street
Symphony Technology Group CIO Bill Chisholm is the lead investor in the $6.1 billion deal for one of the NBA’s most recognizable and valuable franchises.
Research
Deglobalization Has Portfolio Implications, per PGIM
According to research from the asset manager, the world is in an era of two tracks—the 25% now deglobalizing and the 75% still integrating into the world economy.
Newsmakers
WTW Promotes Baker to Chief Strategist, Pliner to CIO
As of April 1, Craig Baker will oversee the firm’s investment strategy, while Jon Pliner will take over as CIO.