Asset Management Culture
Incoming Norges Bank Chief Nicolai Tangen to Sell Hedge Fund Holdings
The divestment addresses concerns raised at a parliamentary hearing earlier this month.
Nicolai Tangen, a hedge fund manager based in London, will take over the nearly $1 trillion plan.
Andrew Brown helped diversify fund’s assets, progress responsible investment policies.
Plagued by scandals, big bank Wells Fargo is having a tough time finding a new chief executive.
Trustee chair John Chilman tapped to take on the pension’s investments in June after the former chief leaves for insurance giant.