Kerry O’Brien Joins MetLife Investment Management
She is the firm's new global head of insurance asset management and liability solutions.
News
Hollywood Firefighter Pension Lawsuit Alleges Insider Trading by United Health Execs, Including Slain CEO
The late Brian Thompson, along with two other executives, were accused of dumping stock prior to February announcement of a DOJ antitrust investigation into the company.
Norges Bank Excludes UK Mining Firm Evraz for Aiding Russia’s War Against Ukraine
The world’s largest pension also excluded a telecom firm for aiding the expansion of Israeli settlements in the West Bank.
Trump’s SEC Nomination Draws Strong Reactions
The appointment of Paul Atkins as SEC chair, pending Senate confirmation, received predictably mixed reactions, with cryptocurrency a hot talking point on both sides.
New York State Pension Earmarks $850M for Private Equity, Credit Investments
The quiet month was preceded by a two-month, $7.6 billion investing spree.
Latin America Lags in Establishing Sovereign Funds, Report Finds
According to the International Forum of Sovereign Wealth Funds, countries in the region should look to ‘other emerging regions’ for guidance.
Most Pension Funds Intend to Increase Spending on Scenario, Risk Modeling Tools, per Survey
Pension executives reported confidence in their plans’ abilities to manage these processes, but there is room for improvement, according to Ortec Finance.
TIFF Appoints 2 Managing Directors to Client CIO Group
Chris Bunzel and Anne Duggan will join from Partners Capital as co-heads of custom asset allocation.
Trump Nominates Former SEC Commissioner to Top Job
Paul Atkins will be put up to replace Gary Gensler, bringing SEC experience from a Republican administration and support for digital assets.
Andrew Sullivan Named Next CEO of Prudential Financial
Sullivan, who oversees PGIM, will succeed Charles F. Lowrey in the role.
PBGC to Become Fiduciary Manager of St. Joseph Pension Plan
As St. Joseph Health Services liquidates, the Pension Benefit Guaranty Corporation will take over management of the health care pension plan.
Ontario Teachers’ Pension, Nordic Capital Acquire Max Matthiessen
The pension fund also bought three logistic assets in Paris.
BlackRock More Than Doubles Private Credit Business With HPS Investment Partners Acquisition
The deal to purchase the private credit manager for $12 billion will see BlackRock’s credit assets grow by $148 billion.
WAMCO Appoints New CEO After Former CIO Charged With Fraud
Thomas Gahan will step up at Western Asset Management Co., effective immediately, while James Hirschman moves up to chairman.
HOOPP Names Annesley Wallace President, CEO
The appointment of Wallace to head the $80 billion Ontario health care pension is effective April 1.