Newsmakers
Cleveland Clinic Names Timothy Compan Interim CIO
A managing director for the fund’s credit portfolio, Compan will serve in place of the former CIO, Stefan Strein.
News
Market Moves
As Oil Prices Surge, Iran Conflict Cools Investors’ Taste for Emerging Markets
The broad effect of the war is shifting investors who were more positive on emerging markets to more neutral.
Risk
Influx of Data Weighs On Legacy Technology, Data Systems
A Macquarie Group engineer tells asset managers and investors that outdated systems can subject their organizations to risks and challenges and make it harder to integrate artificial intelligence tools.
Newsmakers
$2.9B Bowdoin College Endowment Seeks CIO
The Brunswick, Maine-based institution seeks a successor for K. Niles Bryant.
Pensions
PennPSERS Returns 11.74% in 2025, Makes $425M in Commitments in March
The fund outperformed its long-term assumed rate over the past 10 years.
Newsmakers
OMERS Names Luca Lupo as European Infrastructure Head
Based in London, Lupo will oversee the Ontario Municipal Employees Retirement System’s infrastructure investments in Europe.
Asset Allocation
US ETF AUM Continued Rise in February
According to the London Stock Exchange Group, assets in exchange-traded funds rose to their all-time high of $14.31 trillion.
Pensions
More Than Litigation Could Curtail Future PRT Transaction Volume
Underlying drivers of demand for pension risk transfers appear to be deteriorating, according to Capital Group’s Colyar Pridgen.
Newsmakers
TIFF Adds Rockefeller Foundation CIO to Advisory Board
Chun Lai will provide insight and guidance to the OCIO firm.
Newsmakers
Elizabeth Burton Named Chief Strategist at Fortress Investment Group
The former Goldman Sachs strategist and one-time CIO of Hawaii ERS will provide perspectives for the firms’ limited partners.
Pensions
Connecticut Pension Returns 14.2% in 2025, Commits $650M
Assets of the Connecticut Retirement Plans and Trust Funds rose to $68.7 billion at the end of 2025.
Pensions
Swiss Re Makes Inaugural US Retiree Longevity Transaction
The $2 billion transaction was conducted with Athene as counterparty.
Asset Allocation
Institutional Investors Shift US Equities, Dollar Positions to Global Markets, per Report
Bracing for a turbulent 2026, allocators are seeking investments in emerging markets and the euro, according to the International Forum of Sovereign Wealth Funds.
Manager Selection
Australia’s REST Backs Nuveen Retail Property Fund With $250M
The asset manager raised $330 million from a trio of superannuation funds for its U.S. Cities Retail Fund.
Regulation
SEC Enforcement Division Director Steps Down
Margaret Ryan is succeeded by Sam Waldon, who has returned to the role of acting director.