Corporate Moves
BofAML’s Cross Asset Head Joins the Church Commissioners for England
James Barty will become the organization’s first director of investment strategy, created to navigate upcoming changes.
News Archive: Jul - 2019
Market Moves
Multinationals Are Bailing from China, Larry Fink Says
As the trade war winds on with no end in sight, companies are not waiting around to see what happens, BlackRock chief finds.
People Moves Roundup
Man GLG gets some credit PMs, Aon promotes general counel, and more.
Newsmakers
Navab Capital Partners Closing After Founder’s Untimely Death
Firm decides not to continue ‘without him at the helm.’
Regulation
Warren Legislation Would Publicize Private Equity Fees and Returns, and Tighten Pension Obligations
Presidential candidate blasts PE firms, targets predatory opportunities throughout the business model.
Arizona Pension Fires Top Executive for Sexual Harassment
Jared Smout allegedly made inappropriate contact, comments, and staring.
Newsmakers
Texas Teachers CIO Provides Details on Potential Singapore Office
Chase CEO Jamie Dimon to provide market insights in September board meeting.
Market Moves
A Break for the Weakened Housing Market
Mortgage rates are on the way down, which should boost affordability and home building starts.
Risk
Church Pension Group Beats Benchmarks
$13.5 billion fund has $2.7 billion in commitments to limited partnerships.
The SEC Wants to Lower Futures Minimum Margin Requirements
Proposition could have a substantial impact on the futures market.
Newsmakers
Robin Diamonte to Receive CIO’s 2019 Lifetime Achievement Award
UTC’s CIO, considered by many to be a master of the industry, to be honored during awards night at NY Public Library.
Market Moves
Ray Dalio Calls for Investing in Gold Amid Troubling Times
The hedge fund kingpin says the allure of stocks will wane.
Regulation
Brazil’s Lower House Delays Pension Reform Vote, Irking Investors
The Chamber of Deputies will take until August to vote, and the Senate will need at least two months after that.
Newsmakers
Nominate The Most Incredible Asset Owners and Managers for the 2019 CIO Innovation Awards
Nominations for this year's 10th annual bash close August 3.
TPR Issues Guidance for UK Defined Contribution Plans
New laws that incorporate ESG requirements take effect in October.