Pensions
Korean Sovereign Wealth Fund Appoints Park Il Young as CEO
The executive moves from the World Bank Group for a three-year appointment.
News
Newsmakers
Lyenda Simpson Delp to Head NTAM’s Global Institutional Client Group
Delp’s appointment at Northern Trust Asset Management starts on December 3.
Newsmakers
Will Maslovsky Appointed CIO of Alfred P. Sloan Foundation
Effective September 18, Maslovsky succeeded Elizabeth Hewitt, who stepped down one day earlier.
Asset Allocation
CDPQ Acquires 25% Stake in Engie-Owned UK Hydroelectricity Provider
The C$452 billion pension fund bought the stake in a deal with Brookfield Asset Management.
Pensions
CDPQ to Build Forestland Portfolio in US Pacific Northwest
The Québecois pension plan will take a stake in asset manager Chinook Forest Partners as part of a new investment platform.
Pensions
Penn SERS Earns 5.2% During 1st Half of 2024, 1.3% in Q2
The retirement system also hired RVK as the general investment consultant for its pension plans.
Pensions
Shell to Outsource $30B Pension to BlackRock
The OCIO transaction will cover 30,000 members of Stichting Shell Pensioenfonds.
Newsmakers
CalSTRS Promotes 2 to Investment Director
Rosie Lucchesini-Jack and David Murphy were appointed as directors of fixed income and global equity, respectively.
Newsmakers
AIMCo Promotes 2 Executives to Replace Outgoing CIO
Marlene Puffer will depart as CIO of the C$168.9 billion Alberta pension fund.
Pensions
Public Pension Funds Recovering From Pandemic-Era Staffing Issues
Salaries increased 4.9% year over year, according to an NCPERS 2024 compensation survey, with total compensation up even more.
Opinion
Opportunities Abound at Intersection of Traditional Finance, Digital Assets, Energy
The CIO of Panama’s sovereign wealth fund writes that the push for regulatory clarity and innovation are strong in a ‘dynamic, yet challenging, frontier’ market.
Pensions
India Creates Hybrid Government Employee Pension Fund
The Unified Pension Scheme will be a combination of a defined benefit and defined contribution pension plan.
Asset Allocation
New York Common Cashes Out $3.3B Worth of Strategic Partnerships
The pension giant also committed another $1 billion to a BlackRock climate fund after dumping nearly $4 billion in public equities earlier this year.
Pensions
San Diego County Pension Returns 11.3% in Fiscal 2024
Assets have grown to $17.7 billion at SDCERA, which announced a new allocation to an alternative credit fund.
Pensions
International Centre for Pension Management Celebrates 20 Years
The organization, which started out within the University of Toronto, has grown to a network of the largest institutional funds.