For the world’s largest asset owners
November 26, 2024
What Scott Bessent’s Appointment Means for Institutional Investors
The fund manager and former Soros CIO, set to be nominated as secretary of the treasury, has stated his intent to spur growth through deregulation and energy production.
WAMCO CIO Charged With Fraud
Ken Leech was hit with fraud charges by the SEC for allegedly favoring some client portfolios over others in a scheme by which he profited.
POPULAR STORIES
Proposals Offer New Ways to Use Retirement Surpluses to Boost Benefits, Raise Revenue
LACERA Sues Former Security Officer for Fraud
MacArthur Foundation Names Bola Olusanya CIO
Nest Seeds New Infrastructure Debt Fund With $708M Investment
HESTA Dumps Mining Company Mineral Resources Stake due to Governance, Ethics Concerns
Spider Management Names Karen Horn Welch as CIO
Kodak Considers Terminating Overfunded Pension Plan
Termination of the plan could net the company as much as $585 million, more than its market cap, though a final decision has not been finalized.
TRENDING: Largest 100 Asset Owners Manage Record $26.3T
The AUM of the largest asset owners reached a record high in 2023, jumping 12.3% from 2022, according to WTW’s Thinking Ahead Institute.
TRENDING: Alberta Names Former Prime Minister Stephen Harper as AIMCo Board Chair
The Alberta government sacked the board and top executives of the fund earlier this month over cost concerns.
Editorial: CIOeditors@issmediasolutions.com
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