Newsmakers
Kim Lew to Be Next CIO Podcast Guest
Carnegie chief to discuss Africa investments, team building, and diversity.
News Archive: Mar - 2019
CIO NextGen Nominations to Continue All March Long
Asset owners and managers to choose 25 of the next industry champions.
Brunel Launches Search for Outside Managers to Run New Fund
British pension system needs talent for its fledgling high alpha fund, plus another one coming in late 2019.
Newsmakers
NYC Pension Boosts Private Equity Program by $600 Million
Increase raises total assets in emerging managers initiative to $8.8 billion.
Regulation
Australian Supers to Post Common Data on Their Performance
Regulator is requiring the retirement funds to provide the public with metrics on returns and fees, starting in 2020.
US Corporate Pensions’ Funded Level Rises to 92.6%
The 100 largest corporate DB plans gain $20 billion in February.
Opinion
OP ED: In Investment Management, It Takes Two to Tango
Human/Machine interaction must be optimized to drive successful outcomes.
Productivity May Finally Be on the Rise, Economist Says
Tech advances like AI, plus Fed restraint, may at last lift it out of the doldrums, Natixis’ Lavorgna believes.
Denmark Fund Restructures, Merging Private Debt and Alts Units
Decision expected to ‘harvest synergies’ between sectors, enable more investment flexibility, its CIO says.
SEC Settles Charges Against 79 Advisers
Violators agree to return more than $125 million to clients.
Alternatives
Texas Creates Separate Account with Saudi Arabia-backed Blackstone Infrastructure Fund
Adds $100 million to the $250 million commitment it made in 2018.
Research
How Does Yale Do It? By Being Different
Yale’s asset allocation bears no resemblance to the average university endowment.
Pension Sues Banks over Euro Bond Scandal
Lawsuit accuses Bank of America, Royal Bank of Scotland of rigging European government bond prices.
Newsmakers
CalPERS Says No to Legislation Forcing It to Divest from Private Prisons
The pension plan’s stance also means it won’t likely voluntarily divest from GEO Group and CoreCivic.
Value-Growth Gap Widest in 70 Years, Study Says
AB Bernstein says this means now is a great time to buy cheap stocks, awaiting their time to romp.