Tag: Investment

Pensions February 24, 2021

CalSTRS Aims for New $2 Billion Sustainable Portfolio

Pension plan officials believe they can build a new private markets allocation without sacrificing investment targets.

Newsmakers February 23, 2021

State Employee Retirements at CalPERS Jump 15% in 2020

The pension system says the spike was ‘predicted’ and figured into planning for the $389 billion fund.

Corporate Moves February 19, 2021

Northwestern Names Amy Falls New VP and CIO

She will be the first woman to oversee the $12.2 billion endowment.

Asset Management Culture February 12, 2021

Raytheon Technologies to Launch Diverse Manager Program

Asset managers for the $110 billion corporate plans should start hiring with race, gender, and other considerations in mind, CIO Robin Diamonte says.

February 11, 2021

Tufts University to End Direct Investments into Coal and Tar Sands

The school will also invest up to $25 million with climate impact funds.

Newsmakers February 9, 2021

Jacque Millard, Longtime Intermountain Healthcare CIO, Has Retired

The allocator, who spent nearly 28 years at the fund, is mulling over her next move, while filling her schedule with advisory commitments.

Market Moves February 5, 2021

A Record Number of New Retail Investors Signed Up in 2020

They’re younger, more diverse, and they go to their friends and family for investment advice, a new report confirms.

Asset Management Culture February 3, 2021

Op-Ed: Investors Have More to Do If They Really Want to Help Address Systemic Racism

Capital allocators must understand the importance of supporting positive change that benefits their stakeholders and society at large, sustainable investing experts argue.

Corporate Moves February 2, 2021

Rens Götz Leaves ABB, Follows Ex-Boss Elisabeth Bourqui to Her New Asset Management Firm

The one-time ABB pension asset allocator, after her short and bumpy interlude at CalPERS, co-founded BERG and now has hired him.

January 28, 2021

The Big Challenges Facing the New Kentucky Pension Plan CIO

Ahead of an April 1 system overhaul, Steven Herbert has a ‘hundred actions’ he needs to perform.

Market Moves January 27, 2021

What Are the Next Five Meme Stocks After GameStop?

Retail investors in popular subreddit r/wallstreetbets have proven they can drive up stocks for GameStop. Now, they’re on the hunt for other social media favorites.