Manager Selection
Nest Seeks Manager for $350M Ethical Equity Mandate
The UK’s National Employment Savings Trust Ethical Fund seeks to prioritize ethical and moral concerns.
News
Newsmakers
Nomination Period Open for 2026 CIO Lists and Asset Owner Awards
Chief Investment Officer is asking for your help in identifying qualified candidates for various list to be announced during 2026. Below is information for submitting nominations for our NextGen...
Newsmakers
Applications Open for 2026 CIO Industry Innovation Awards – Asset Management and Servicing
CIO annually recognizes asset managers and service providers that have truly and reliably enhanced their clients’ portfolios. If you work for a firm that provides asset management or other...
Newsmakers
Mike Charette Promoted to New Deputy CIO Role at Michigan MERS
Charette, who has been at the Municipal Employees’ Retirement System for two decades, will oversee equities and fixed-income portfolios.
Regulation
GOP Lawmakers Launch Probe of CalPERS $330M Pension Fund Loss
The House members are questioning whether the nation’s largest public pension system violated the ‘exclusive benefit’ rule by prioritizing ESG investments.
Newsmakers
Valbona Schwab Appointed CIO at Children’s Health in Dallas
The former deputy investment chief of Grinnell College will succeed Ken Lee, who moved to Cal Tech in April 2025.
Regulation
SEC’s Atkins Backs Digital Clarity Act at Senate Banking Hearing
According to the chair, the joint SEC-CFTC ‘Project Crypto’ will provide a regulatory bridge with token taxonomy while legislation is pending.
Pensions
DB Plans Choosing to De-Risk Instead of Terminate
The pace of insured U.S. pension annuitizations slowed in 2025 after exceeding $50 billion in 2024, Aon reported.
Pensions
Economic Uncertainty, Market Volatility Led to Steep Decline in Canadian PRT Transactions
Pension risk transfer volume in the country declined 40% in 2025, according to a report from Normandin Beaudry.
Corporate Moves
Nuveen Deal for Schroders Would Form $2.5T Manager
The proposed $13.5 billion acquisition would propel the combined firm to be one of the world's 10 largest by AUM.
Asset Allocation
In ‘Turbulent Year,’ University Endowments Report Average 10.9% Return
Institutions withdrew more than $33 billion to support spending, according to the 2025 NACUBO-Commonfund study of endowments.
Corporate Moves
Cerity Partners to Merge With Investment Consultant Verus
The combined firm would manage and advise on $1.3 trillion in assets.
Newsmakers
Manager Who Stole Millions From Pension Clients Files for Congressional Run
Alan Bond was convicted in 2003 for stealing millions in kickback and cherry-picking schemes. Now he is running for a House seat as an independent in New Jersey. Bond says much has changed since then.
Pensions
WTW Sees Nearly $100B UK Pension Risk Transfer Market in 2026
Favorable pricing and strong competition could drive industry growth this year.
Corporate Moves
Neuberger Berman to Acquire McKinsey’s Wealth and Asset Management Unit
MIO Partners will be integrated into Neuberger following SEC scrutiny of McKinsey’s nonpublic information controls.