Newsmakers
Heinz Endowments Names John Barker CIO
Barker joins after 19 years at the Kresge Foundation, the last four as CIO.
News
Corporate Moves
Victory Capital to Acquire First Eagle Investments
The combination will create creating a $571 billion manager with ‘complementary’ equity and fixed-income capabilities and a CLO and alternative credit platform.
Asset Allocation
Emerging Markets Lead Strong Q2 Rebound for Canadian DB Plans
The 6% quarterly return was spurred by double-digit global equities gains, according to RBC Investor Services.
Pensions
SpaceX Fuels Ontario Teachers’ 9.5% H1 Return
But the stake may be a drag on Q3 results, as its value has plummeted by nearly $2 billion in two months.
Asset Allocation
Labels Are Changing, Goals and Risks Are Not
The terminology ‘ESG’ might have gone away, but investors remain focused on the material risks of climate change.
Regulation
Trustees, Retirement Platforms Top Australian Regulator’s Priorities for Fiscal 2027
The Australian Prudential Regulation Authority will take extra care in the continued reaction to two 2024 master fund collapses.
Opinion
Peers in Their Place: Performance, Pay, and the Risks of Copy-Paste Governance
To get compensation right, it takes judgment, responsibility and understanding the kind of behavior an organization needs to incentivize.
Corporate Moves
T. Rowe Price Acquires Fixed-Income Asset Manager F/m
The approximate $19 billion in acquired assets under management will more than double T. Rowe Price’s fixed-income exchange-traded fund assets.
Pensions
Maryland SRPS Returns 13.19% in Fiscal 2026
Assets of the State Retirement and Pension System rose to $82.1 billion.
Corporate Moves
Stone Point, Genstar to Hold Equal Stakes in Ascensus
GIC will remain an investor in the recordkeeper.
Asset Allocation
Total Portfolio Approach Is a Spectrum, Not One-Size-Fits-All
Different investors can take different approaches to adopting a holistic portfolio view, according to a CFA Institute white paper.
Market Moves
Norges Bank CEO Warns Disasters, Crises Could Wipe Out $2.4T SWF
Despite the downbeat warning, Norway’s Government Pension Fund Global returned 9.4% in the first half of 2026.
Pensions
OMERS Returns 4.8% in H1, Rotates Tech Stocks
The Canadian pension fund slashed its shares in Apple, Amazon, Microsoft and Nvidia, but boosted its stakes in Meta, Micron, Intel and AMD.
Pensions
A New Story Underlies July Corporate Pension Funding Gains
High interest rates offset low equity returns.
Market Moves
Family Offices Face a Turning Point
With one-third of family offices expecting to transfer control in the next five years, a new generation will enter the business.