Regulation
Natasha Vij Greiner to Replace William Birdthistle at SEC
A veteran of more than 20 years at the SEC, Greiner takes over investment management after Birdthistle spent more than two years leading the division.
News Archive: Feb - 2024
Regulation
PBGC Paid $127M for Deceased Central States Participants, Senate Republicans Demand Repayment
The error was identified in November 2023, and the Central States pension plan has asked for legal clarity on how to return it.
Corporate Moves
Exelon CIO Doug Brown to Retire, Hart to Replace Him
Brown joined from Chrysler as investment chief in late 2009.
Pensions
Stagnant Returns Produce Lower Public Pension Funded Levels in January
Returns for the 100 largest U.S. public plans during the month ranged from a loss of 1% to a gain of slightly more than 1%, per Milliman.
Asset Allocation
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.
Pensions
Pension Assets in Largest Markets Climbed Almost 11% in 2023
AUM held by institutional asset owners reached $170 trillion last year, according to WTW’s Thinking Ahead Institute.
Pensions
CalSTRS Reports Sustainability Progress
The system expects to reach full funding by 2046 and has taken steps on its path to net zero.
Asset Allocation
What Science Tells Us About Investing in the Energy Transition
CIO connected with Scott Tinker, a noted geologist at the University of Texas, about what areas of the energy transition are ripe for investment.
Asset Allocation
Meketa Plans Emerging Manager Conference in April
The firm’s public and private markets emerging and diverse manager research day is scheduled for April 24 and will be conducted remotely.
Asset Allocation
Qatar’s Sovereign Wealth Fund to Launch Country’s First VC Fund of Funds
The $475 billion Qatar Investment Authority also signed a renewable energy deal in South Africa.
Corporate Moves
Prudential’s Asset Management Unit Names HSBC’s Vis Nayar CIO
Nayar leaves HSBC after more than 25 years at the company.
Asset Allocation
Managers’ Risk Appetite Bounces Back Sharply in February
Investors see the U.S. macroeconomic environment at its most encouraging to equities in years, according to S&P Global.
Market Moves
Why Allocators Do Badly When Selling Stocks
Placing too much emphasis on buying assets results in leaving money on the table once they divest, says strategist Ervolini.
Asset Allocation
Norges Bank Reports Early Signs of Success in 1st Year of Climate Action Plan
A growing number of portfolio companies held by Norway’s $1.5 trillion sovereign wealth fund are adopting net-zero targets.
Pensions
CDPQ Announces 7.2% Return in 2023
Assets of the Quebec pension investment manager grew to $321.72 billion.