Asset Allocation October 1, 2024

Cybersecurity M&A Balloons as Breach Danger Builds

Stealing data to sell, extract ransom or just for mischief is exacting a bigger toll.

Cybersecurity

Investors and institutional allocators are looking for safety solutions as the danger posed by cyber attacks grows.

see updates from our news team >

Asset Allocation October 11, 2024

MIT Announces Endowment Performance, Returns 8.9% in Fiscal 2024

Assets managed by MITIMCo rose to $24.6 billion.

Pensions October 11, 2024

Wyoming State Treasury CIO Fleming to Retire in June 2025

The head of the $30 billion sovereign fund, Patrick Fleming started when the treasury was a ‘one-man shop’ in 2014.

Pensions October 11, 2024

New York Common Earmarks Nearly $3B in Investments in August

The $268 billion pension fund allotted the bulk of its commitments to public equities, real estate, and credit investments.

Pensions October 11, 2024

Royal Mail Finally Launches Britain’s 1st CDC Pension Plan

The debut comes nearly a decade after collective defined contribution pension plans were first proposed in the U.K.

Asset Allocation October 11, 2024

Stanford Investment Vehicle Returns 8.4%

In fiscal 2024, assets of the Stanford merged pool, about 75% of which come from the university’s endowment, rose to $42.8 billion.

Newsmakers October 10, 2024

Investors Should Understand ‘How the System Works for You,’ per CFA Institute Head Franklin

In a wide-ranging conversation, Margaret Franklin shares ‘essential principles’ and her thoughts on private markets, artificial intelligence, responsible governance and more.

Pensions October 10, 2024

US Public Pension Funds Achieved 1-Year Returns of 9.7% in Q2

The top 5% of performing funds returned just below 13%, according to Nasdaq eVestment’s CIO Quarterly.

Regulation October 9, 2024

SEC Monitoring Effects of Hurricane Milton on Capital Markets

The agency will evaluate granting relief from filing deadlines to firms affected by the hurricane.

Pensions October 9, 2024

Michelin Pension Completes $1.96B Annuity Buy-In With Aviva

The pension risk transfer will cover the liabilities of 15,000 plan participants.

Pensions October 9, 2024

Plan Sponsors Increasingly Seek to Divest All DB Liabilities Amid Corporate Scrutiny

Some 93% of companies with de-risking plans expect to completely divest their defined benefit liabilities, according to a MetLife survey.

Corporate Moves October 8, 2024

Ares to Acquire Real Estate Asset Manager GCP International

The deal will double Ares Real Estate’s assets to $96 billion.

Newsmakers October 8, 2024

Caltech Hiring for Next CIO

Scott Richland, the California Institute of Technology’s current CIO, will step down in December after 14 years managing its endowment.

Asset Allocation October 8, 2024

Australia’s QIC Makes History With Shopping Mall Sale

The deal marks the first Australian investment by U.S.-based real estate manager Hines.

Asset Allocation October 8, 2024

Duke Endowment Returns 8.0% in Fiscal 2024

Assets of the DUMAC rose to $11.9 billion at the end of June.

Pensions October 8, 2024

Deadline for PBGC Premiums Is Approaching

The due date for premiums is on October 15; roughly 450 plans still have the opportunity to recover $800 million in 2023 premiums.