Newsmakers
Anwiti Bahuguna Named Global Co-CIO at Northern Trust Asset Management
Formerly the deputy CIO, Bahuguna will succeed recently promoted Michael Hunstad at the $1.3 trillion manager.
News
Research
Global Asset Owners Rethink Asset Allocation Amid Market Uncertainty
Among institutional investors, 76% see tariffs as a material consideration in their decisionmaking, according to research from Morningstar.
Corporate Moves
PGIM, Partners Group Cooperate on Multi-Asset Investing
The duo will provide strategies for institutional and individual investors.
SEC Again Postpones Disclosure Deadline for Private Investment Funds
The extension gives the regulator time to reduce the number of firms that have to file information.
Pensions
Ohio Teachers Unions Sue State Over Takeover of STRS Board
Government-appointed members will soon make up a majority of the State Teachers’ Retirement System’s board.
Newsmakers
Mark Tay Named CIO of Asia Pacific Fixed Income at Allianz GI
Tay's appointment is effective October 1.
Asset Allocation
Infrastructure Ranks as OMERS’ Top Performer in H1
The Canadian pension fund returned 2.2% during the first half of 2025 to raise its asset value to C$140.7 billion.
Market Moves
Trump Calls for Semiannual Reporting Instead of Quarterly Schedules
The president, in a social media post, suggested that public companies should report every six months, similar to the process used in the EU and other jurisdictions.
Pensions
Corporate Pension Funding Drives Higher in August
Strong investment returns drove gains in corporate pension funding surpluses.
Newsmakers
Future Fund CIO Leaves for Abu Dhabi Strategy Role
Ben Samild, who had led Australia’s sovereign wealth fund’s investing efforts since 2023, will reportedly become the Abu Dhabi Investment Council’s chief strategist.
Newsmakers
New York Life Names Craig Sabal CIO, Combines Investment Units
Sabal succeeds Tony Malloy, who is retiring after 27 years with the insurance giant.
Manager Selection
Yale Investments Launches 2026 Prospect Fellowship Applications
The university will select five ‘forward-thinking’ investors to launch their own investment funds with funding from Yale.
Asset Allocation
Connecticut Governor Preps State Pension Investment in WNBA Team
Ned Lamont wants to keep the Connecticut Sun in the state, proposing the state’s retirement fund to take a stake in the team.
Asset Allocation
New York State Pension Continues to Pare Back Public Equities Assets
The $284 billion fund has not allocated to the asset class in eight of the past 10 months and recently cashed out of $2.1 billion in equities.
Asset Allocation
Mega Investors Sold Millions of Google Shares Just Before Stock Soared
BlackRock, J.P. Morgan and CPP Investments are among the institutional investors that potentially missed out on billions of dollars in short-term gains.