News

May 21, 2025

Insurance AUM Has Tripled in Past Decade, Reaching $4.5T Last Year

Insurers are increasingly allocating to alternative investments, with private asset AUM growing to $800 billion from $50 billion since 2015, according to a report from Clearwater Analytics.

May 21, 2025

HESTA Dumps Mining Company Mineral Resources Stake due to Governance, Ethics Concerns

The $58 billion Australian superannuation fund also placed WiseTech on its watch list following four board resignations.

May 20, 2025

Spider Management Names Karen Horn Welch as CIO

The university-owned investment office oversees the $3.2 billion University of Richmond endowment.

May 20, 2025

$125B Danish Pension Removes Defense Stocks From Blacklist

PFA, Denmark’s largest pension, will allow investments in select defense companies amidst an increase in European defense spending.

May 20, 2025

Nest Seeds New Infrastructure Debt Fund With $708M Investment

The U.K. pension and IFM Investors intend to focus on the European market.

May 19, 2025

LACERA Sues Former Security Officer for Fraud

The Los Angeles County pension fund alleges Carmelo Marquez, who worked on an interim basis, defrauded the organization by giving contracts to companies he owned.

May 19, 2025

Corporate Pensions Were Best-Performing DB Plans in Q1

Fixed-income-heavy portfolios protected against market volatility, while defined benefit plans returned 0.52% overall.

May 19, 2025

Rising Discount Rates Drove Down Pension Liabilities in April

Corporate pension funding levels rebounded in April despite equity market volatility.

May 16, 2025

Proposals Offer New Ways to Use Retirement Surpluses to Boost Benefits, Raise Revenue

American Benefits Council has pitched plans to redirect surplus funds from pension funds without terminating retirement plans.

May 16, 2025

MacArthur Foundation Names Bola Olusanya CIO

He succeeds the retiring Susan Manske to oversee the nearly $9 billion endowment.

May 15, 2025

PBGC Director Nominee Janet Dhillon Clears Senate HELP Committee

The Senate Committee on Health, Education, Labor and Pensions voted 12-11 to advance Dhillon's nomination to the full Senate. 

May 15, 2025

The Private Universities Affected by Proposed Tiered Endowment Tax

At least 41 colleges and universities would be subject to an expanded federal endowment tax, with several subjected to new, higher rates.

May 15, 2025

2025 CIO Outsourced Investment Manager Survey Now Open

A growing number of asset owners, plan sponsors, and institutional investors are turning to outsourced CIOs and 3(38) managers to support their investment oversight. We’re looking to better understand what drives these decisions and the value these arrangements provide.

May 15, 2025

NBIM Commits $800M to Blackstone Logistics Real Estate Fund

The strategy will invest in warehouse properties across the U.S. and Canada.

May 15, 2025

British DC Pension Schemes Pledge 10% Alts Allocation by 2030

The U.K. Treasury’s Mansion House Accord aims to unlock more than $70 billion in domestic investments.