Newsmakers
Politics Heat Up on Brainard Fed Replacement
Elizabeth Warren and other progressives push for a more dovish vice chair to offset Chair Jerome Powell.
News Archive: Mar - 2023
Regulation
Congress Adds Fuel to Anti-ESG Fire
The joint resolution, which President Joe Biden has said he will veto, increases the heat in the U.S. on ESG investing, and asset managers see risks.
Manager Selection
Marcy Rappaport Named Director of Business Development, Consultant Relations at Xponance
Rappaport previously served as the director of marketing and client relationship management at LongTrail Alpha.
Manager Selection
KKR Elevates Domestic Private Equity Co-Heads to Global Roles
Peter Stavros and Nate Taylor were promoted to global co-heads of private equity, tasked with enhancing connectivity and supporting KKR’s investment model.
Pensions
Swedish Pension AP1 Loses 8.6% in 2022
Despite alts gains, fixed income and equities weigh down portfolio, contributing to investment losses of nearly $4 billion for the year.
Pensions
Largest Corporate Plans Hit Highest Funded Status Since 2007, Despite 2022 Investment Losses
Higher interest rates lowered liabilities, as average asset losses reach 21% for the fiscal year, a Russell Investments study shows.
Newsmakers
US Single-Premium Buyout Sales Set Record in 2022
2022 was a banner year for risk transfers, setting records in total dollar volume, contracts signed and single-premium buyout deals as rates rose and funding statuses improved.
Pensions
Ohio State Pension Approves New Asset Allocation
OPERS increases its exposure to alts and U.S. equities, while cutting back on fixed income and foreign equities.