Newsmakers
Texas Teachers’ Gets its First Contribution Rate Increase in 25 Years
Advocates call it ‘the most positive legislative action for all TRS members’ in quarter century.
News Archive: Jun - 2019
Corporate Moves
Christian Ministry Pension’s New CIO Is Former IBM-er
Noradeen Farlekas replaces MMBB’s outgoing chief and longtime employee, Candace Cox.
Aberdeen, Sumitomo Form Venture to Invest in Asia Pacific Real Estate
The firms said they would incorporate ESG factors into the investment process.
Market Moves
Paul Tudor Jones: What to Do When the Fed Cuts Rates
Opt for stocks and gold, and not the US dollar, hedge fund operator says.
Newsmakers
Nominate the Best Asset Owners and Managers for the 2019 CIO Innovation Awards
Nominate your best asset owners and managers for this year's 10th annual bash.
Newsmakers
Legal & General Is Trying Out Blockchain for Its Bulk Annuities
The UK insurer to work with Amazon to cut costs and better store data for future bulk annuity deals.
Risk
Pittsburgh Mayor Asks Pension to Divest Guns, Fossil Fuels, Private Prisons
'These are areas that our financial means should not perpetuate,’ says Bill Peduto.
SEC Charges Student with Running Ponzi Scheme Out of Frat House
Syed Arham Arbab allegedly promised ‘fictitious’ annual returns of up to 56%.
Regulation
Kik Sued by SEC for Conducting $100 Million Unregistered ICO
Regulator says firm prevented investors from making informed decisions.
Market Moves
The Mexico Tariff Crisis Is Over, Right? Uh, Maybe Not
Think tank shows how easily the White House could about-face and slap harsh levies on the neighbor to the south.
Newsmakers
Exclusive: North Dakota CIO Outlines Key Considerations When Revising Equity Portfolio
David Hunter discusses the principles he and his staff will adhere to when moving forward with their upcoming equity portfolio revision.
Corporate Moves
Does Anybody Want to Be Wells Fargo’s Next CEO?
Plagued by scandals, big bank Wells Fargo is having a tough time finding a new chief executive.
Newsmakers
Plans for Raytheon and UTC Pensions, Investment Divisions Unclear After Merger
Massive new corporate combination has $94 billion in retirement assets.
Corporate Moves
Popular LP Collective Elects Texas Teachers’ PE Head as Chair
Institutional Limited Partners Association selects Neil Randall to lead governance activities.
Newsmakers
New Mexico PERA Launches Passive Risk Parity Strategy
Plan seeks to change up multi-risk allocations, boost beta exposure.