Manager Selection
Corebridge Financial Names Prudential’s Longino CIO
The former head of Prudential’s global investment strategy will oversee the AIG spin-off’s investment portfolio.
About $570 million to be returned to investors.
Returns of 4.4% and 3.2%, respectively, for the Tarheels and Wolfpack are among the best in the U.S. for the year ended June 30.
CIO credits renewable fuel and sustainable energy investments for outperforming the average by 870 basis points.
Replacement sought for former Brandeis CIO Nick Warren, who left in March to join Glenmede Trust.
Prosecutors allege that Neil Phillips artificially drove the dollar-rand exchange rate lower to trigger a $20 million option payout.