Newsmakers
SBCERA CIO Donald Pierce Announces Retirement
The investment chief of the San Bernardino County Employees’ Retirement Association will leave after 25 years at the fund.
News
Asset Allocation
Norway’s Sovereign Wealth Fund Returned 15.1% in 2025
The $2.23 trillion Government Pension Fund Global saw strong returns in equities and energy infrastructure.
Asset Allocation
Volatility, ‘Sell-America’ Movement Will Complicate Bond Investing in 2026
Tariffs, uncertainty about the future of Federal Reserve independence, and rising U.S. deficits could drive yields higher.
Market Moves
Deglobalization, a Theme That Could Define 2026
A group of market and macroeconomic analysts discussed their outlooks for the year.
ESG Alliance for Financial Service Providers to Shut Down
The Net Zero Financial Service Providers Alliance will no longer operate as a standalone initiative.
Asset Allocation
How Higher Education Endowments Thrived in Fiscal 2025
Higher allocations to public markets and prudent stock selection led those with top-quartile returns in fiscal 2025, according to NEPC.
Asset Allocation
High-Yield Credit’s Strong Performance Continues at Start of 2026
Sub-investment-grade bonds have outperformed all but emerging market debt.
Alternatives
Sovereign Wealth Funds Double Down on Private Deals, Emerge as Major M&A Players
Such investors have become among the ‘most assertive forces in global dealmaking.’
Corporate Moves
CVC to Acquire Marathon Asset Management
The $24 billion credit manager will continue to be led by its current leadership.
Regulation
Iowa Proposes Tax on In-State Universities’ Endowments
Tax revenue would flow into a state treasurer-administered fund to provide tuition grants.
Asset Allocation
Stanford Long-Term Investing Fellowship Accepting Applications
Four candidates will be chosen to spend a year at Stanford University immersed in the investing program that debuted in 2024.
Asset Allocation
US OCIO Market Reached $2.5T in 2025
Global outsourced assets under management could reach $5.78 trillion by the end of the decade, according to Chestnut Advisory.
Newsmakers
Prime Capital Financial Promotes New President, Names CIO
CIO Scott Duba is the firm's new president, and Will McGough is the new CIO.
Market Moves
Swedish PE Firm to Buy Secondaries’ Pioneer Coller Capital
EQT AB agreed to pay $3.2 billion to purchase the dedicated secondaries firm, which has nearly $50 billion in AUM.
Asset Allocation
Australia’s Aware Superannuation Fund Bets Big on Data Centers
Latest investment commits to growing the fund's digital infrastructure presence in the Asia-Pacific region.