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.
Newsmakers
NBIM Boss Nicolai Tangen Will Seek Another 5-Year Term
Tangen has run the management company overseeing the $1.7 trillion sovereign wealth fund since 2020.
SEC Chair Gensler to Step Down January 20
After a 'robust rulemaking agenda,' Gensler's departure will coincide with President-elect Trump's inauguration.
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.
CDPQ Names Sharon White as Head of Europe
The appointment of the former John Lewis chair and Ofcom CEO is effective January 27, 2025.
Northern Trust Seeks Head of OCIO Business
The new position will oversee the unit’s $112 billion in assets under management.
NBIM Real Assets CIO Mie Caroline Holstad to Depart
The departure comes as the fund consolidates its real assets and equities business units.
Versatility in a Time of Change
A new CIO award recognizes collaboration, innovation and leadership in an evolving industry.
STRS Ohio Names Interim Executive Director
Aaron F. Hood has been named to the role amid ongoing turmoil at the pension fund.
Northern Trust Asset Management Names Peter Wilke Head of Tactical Asset Allocation
Wilke takes on the newly created role after almost 10 years at Wellington Management.
UK Chancellor Plans Britain’s Biggest Pension Reforms in Decades
Chancellor of the Exchequer Rachel Reeves proposed the consolidation of more than 80 local government defined contribution funds into pension ‘mega-funds’ in pursuit of Canadian- and Australian-style pension investing.
Olivia Mitchell to Receive CIO’s 2024 Lifetime Achievement Award
The Wharton professor’s research and efforts have changed public policy on pensions and brought attention to the importance of financial literacy.
Qatari Sovereign Wealth Fund Promotes Mohammed Al-Sowaidi to CEO
Al-Sowaidi had been the Qatar Investment Authority’s CIO for the Americas.
Eduard van Gelderen Appointed Head of Research at FCLTGlobal
The appointment of the former PSP Investments CIO is effective December 15.
Sovereign Wealth Fund Group Elects New Leaders
The head of Morocco’s strategic investment fund was elected to chair the IFSWF for a three-year term.