CIO Wins Best Overall Media Brand Award for 2019
The award recognizes editorial excellence in business media and information.
News Archive: Mar - 2019
Corporate Moves
PBGC Director Nominee Approved by Senate Committee
Hartogensis renominated by Trump after previous attempt stalled.
People Moves Roundup
Liberty Mutual gets a new branch executive, BNY Mellon hires a new chief risk officer, and more.
State Pension Unfunded Liabilities Nearly $6 Trillion
Average funded ratio a paltry 35% based on ‘realistic’ return assumptions.
Market Moves
Warren Buffett: Wrong-Headed Hypocrite on Foreign Stocks?
The investing legend has long advocated domestic shares. But are they always the best bet? And why did he buy Israel’s Teva, anyway?
Alternatives
Exclusive: Michigan’s Hotel-Heavy Strategy Pulls Real Estate Portfolio Ahead of the Pack
Being ‘overweight’ in hotels helped real estate outperform other asset classes in $69 billion portfolio.
Risk
New Jersey Posts Mixed Results in Meeting Benchmarks
The state pension fund is only surpassing its 10- and 20-year goals, falling short over other periods.
CDPQ Raises Low Carbon Asset Target to C$32 Billion in 2020
Pension fund reduced the carbon intensity of its portfolio by 10% in 2018.
Last Week to Nominate CIO’s NextGen Class of 2019
Asset owners and managers to choose 25 of the industry's best up-and-comers.
Congress Mulls Trump-Backed Proposal to Raise Taxes on Fund Managers Again
Legislation would eliminate the ‘loopholes that have been so good for Wall Street investors, and for people like me,’ President says.
Newsmakers
CIO Summit 2019: Registrations Open
Annual two-day event to feature hot-button discussions from the world’s leading asset owners.
New Zealand Super Leads Christchurch Charge Against Tech Lords
National five-fund coalition targets Facebook, Google, and Twitter’s ‘severely damaged’ content-sharing functions.
Regulation
Africa’s Biggest Fund Suspends Acting CEO
Matshepo More’s predicament the latest drama for the organization.
Market Moves
Robert Shiller Is Downbeat About Housing
The celebrated economist thinks residential real estate is ‘looking weaker,’ despite some encouraging data.
Canadian Pensions in $3.4 Billion Bid for Inmarsat
CPPIB, OTTP join consortium to acquire satellite telecommunications firm.