Asset Allocation
Family Offices Grow, as the Rich Get Richer
The number of very well-off more than doubled over the past two decades, a JPM report finds.
News Archive: May - 2024
Risk
Chief Information Officers Can Play a Role in Driving Private Equity Returns
Strong IT strategy can improve the returns of portfolio companies, says E78 Partners’ John Buccola.
Regulation
SEC Finalizes Reg S-P Data Security Rule
Covered parties must inform customers of a data breach within 30 days.
Opinion
Change Blindness?
The risks and opportunities of demographic change are hiding in plain sight.
Asset Allocation
New York State Pension Cashes Out of $1.9 Billion Public Equity Fund
The $260 billion pension giant also allocated $1.6 billion across a variety of investments in March.
Pensions
State Court Rules Anti-ESG Investing Law Violates Oklahoma Constitution
Judge grants temporary injunction against the Energy Discrimination Elimination Act saying it could affect OPERS’ ‘financial soundness.’
Pensions
UPS Hires Goldman Sachs Asset Management as OCIO for $43.4 Billion Pension Plans
The company's investment staff will join GSAM, following one of the largest OCIO mandates to date.
Research
Asset Managers Show Strong Efforts at DEI, Survey Finds
Callan study shows that 70% of them have a formal policy to deliver diversity, equity and inclusion.
Pensions
Ohio Attorney General Calls for Removal of Two Teachers’ Pension Board Members
Attorney General Dave Yost accused the members of breaching their fiduciary duty to the fund.
Regulation
What do New China Tariffs Mean for U.S. Industries?
Biden’s new tariffs are unlikely to seriously disturb global markets, sources say.
Newsmakers
Vanguard Appoints BlackRock’s Salim Ramji as New CEO
Ramji is Vanguard’s first external hire for the position.
Newsmakers
Scott Chan Named CalSTRS’ New CIO
The fund’s deputy CIO will step up to replace the long-tenured Chris Ailman.
Asset Allocation
Evaluating the Impact of Climate Change on Investments
Eroding profits would happen gradually, but the result would still be horrendous, scholar Rebonato warns.
Pensions
Wisconsin Pension Buys $160 Million in Bitcoin ETFs
The State of Wisconsin Investment Board purchased Grayscale and BlackRock Bitcoin ETFs.
Nomination Period Extended for CIO NextGens, Knowledge Brokers, Power 100
Chief Investment Officer would like your help identifying the industry's best for our annual recognition programs.