New York Life Selects New CIO
Tony Malloy has succeeded John Kim who was elected as the insurer’s president last year.
News Archive: Jan - 2017
Researchers Find Link Between Investor Moods and Stock Performance
Securities that outperformed in positive mood periods are not likely to do well in negative mood seasons, according to research.
Why Long-Term Investors Love Beta
Viewing assets over long time horizons makes what short-term investors classify as beta look more like alpha.
Investors Pull $100B From Hedge Funds in 2016
Last year was the third time on record that investors redeemed more capital than they allocated, eVestment reports.
Private Equity Fee Template ‘Builds Steam’
The ILPA says it has made “significant progress” in the promotion and adoption of a template designed to increase transparency around fees.
The Case for (Some) Hedge Funds
Only a small percentage of the world’s 11,000 hedge funds merit institutional capital, says Cambridge Associates—but the few good ones still bring “real value.”
Ex-Carleton College CIO Joins Minnesota Foundation
Jason Matz will oversee the $448 million foundation as well as four independent funds making up Arbor Philanthropy.
UK's NEST Hires Deputy CIO from PPF
John St. Hill will work directly with CIO Mark Fawcett in the newly created position.
Forty Under Forty Nominations Open
Recommendations for this year’s list of rising stars in the industry will be accepted until Feb. 20.
Former HP CIOs Join OCIO Firm
Ken Frier and Gretchen Tai will spearhead the new west coast office of SECOR Asset Management.
Private Equity Firms Put $300B Dent in Dry Powder
Total buyout deal value fell by $90 billion despite record levels of investor capital.
Private Equity Lawyer Tapped for SEC Chief
President-elect Donald Trump intends to nominate Jay Clayton to lead the US financial regulator.
Norges Bank Appoints Asset Management CIO
Former portfolio management chief Geir Øivind Nygård has been named head of asset strategies at the Norwegian sovereign wealth fund.
Ironworkers In Cleveland to Vote on Whether to Reduce Benefits
Iron Workers Local 17 Pension Fund is the first multiemployer plan to win approval from the Treasury Department to reduce benefits.