Public Markets at Risk of Shrinking Further, Says Jamie Dimon
The banking chief decried shrinking public markets, investor activism and other risks to investment markets in JPMorgan Chase’s annual CEO letter.
Newsmakers
Chris Roth Named Northern Trust Asset Management’s CIO of Global Fixed Income
Roth joins the $1.2 trillion asset manager after almost a quarter-century at Morgan Stanley.
Missouri LAGERS Appoints Scott Day as CIO
The investment head has been deputy CIO of the Utah School and Institutional Trust Funds Office.
CDPQ Promotes Otéra Capital CEO to Lead Newly Consolidated Real Estate Division
Rana Ghorayeb will oversee the pension fund’s $57 billion portfolio as it consolidates its Ivanhoé Cambridge and Otéra Capital subsidiaries.
CalPERS Names Stephen Gilmore as New CIO
The new investment chief is CIO of the Guardians of New Zealand Superannuation and is expected to start in July.
How Daniel Kahneman Created His Legacy: Behaviorism
The towering figure in economics, who died Wednesday, showed how the irrational figures into decisionmaking.
KPPA Appoints Ryan Barrow as Executive Director
Barrow’s appointment as the pension chief is effective July 1.
Jo Townsend Appointed CEO of New Zealand Super Fund
A veteran of the superannuation industry in Australia, Townsend will start in April.
Chris Spencer Named Executive Director of Florida SBA
Lamar Taylor, who has been the interim investment head for more than two years, will become the fund’s permanent CIO.
NYC Comptroller Says Apple’s Workers’ Rights Assessment Lacks Credibility.
Brad Lander said a report by law firm Jenner & Block lacks rigor, expertise and worker input.
NYC Retirement System’s Steven Meier on Rates, Risks and Opportunities in 2024
The CIO looks to ‘critical trends’ of decarbonization, deglobalization and demographic dynamics as portfolio drivers over the next 10 years.
MFS Investment Management Appoints Alison O’Neill as CIO
O’Neill is scheduled to take the new role January 1, 2025.
Liu Haoling Appointed CIO of China Investment Corp.
Liu will succeed Ju Weimin in the roles of vice chairman, president and CIO of the $1.24 trillion sovereign wealth fund.
How Investment Management Is Helping Increase Sustainability
AdventHealth CIO Rob Roy is leading a team working to make the system more flexible and better prepared for climate-related stresses.
Katharine Krieger Appointed CIO of J. Paul Getty Trust
Krieger, CIO at the Broad Foundation, will replace James Williams, who is retiring.