Newsmakers
Michael Hughes Appointed to Lead Portfolio Management at Verus
Hughes will lead investment management efforts across the firm’s OCIO business.
Tag: OCIO
Newsmakers
Russell Investments Adds Heier to Lead Institutional Client Service
Previously at Verus Investments, Shelly Heier steps into a new role at Russell.
Pensions
Shell to Outsource $30B Pension to BlackRock
The OCIO transaction will cover 30,000 members of Stichting Shell Pensioenfonds.
Newsmakers
Shelly Heier, President of Verus, to Depart This Month
Her duties will be taken up by the investment consultant’s CEO and CFO.
Newsmakers
University of Utah Seeking Director of Investments
The investment chief will oversee the university’s endowments, alongside a yet-to-be-selected OCIO firm.
Newsmakers
Rich Joseph Appointed Head of Growth for WTW’s US Investment Business
The retirement executive spent more than 20 years at Mercer.
Pensions
UPS Hires Goldman Sachs Asset Management as OCIO for $43.4 Billion Pension Plans
The company's investment staff will join GSAM, following one of the largest OCIO mandates to date.
Newsmakers
John Stuntebeck Appointed Director of Client Development at OCIO Provider TIFF
Stuntebeck will work with nonprofit clients at the firm.
Corporate Moves
Cerity Partners Merges with Agility in OCIO Push
After the deal closes, Agility will be called Cerity Partners OCIO
Asset Allocation
Alternatives Watch Research, Vidrio Release 2024 OCIO Outlook
Private equity and credit are expected to dominate asset mandates for the next 12 to 14 months.
Corporate Moves
Mercer to Acquire Vanguard OCIO Business
Vanguard Institutional Advisory Services, its employees and clients will become part of Mercer next year.
Research
CFA Institute Produces Plan to Gauge OCIO Performance
The framework, now out for comment, calls for extending GIPS to outsourced investment managers, with rules for things like fee disclosures and benchmarking.
Corporate Moves
Global Endowment Management Hires Dogan Perese as COO
Perese previously spent 14 years at Bridgewater Associates.
Corporate Moves
US Bancorp Names Marc Ammaturo to Key Institutional OCIO Post
The finance veteran will helm distribution efforts in the firm’s expansion bid.