Risk
Finance Chiefs Are Cheerful About the Economy’s Long-Term Prospects
U.S. Bank survey finds 58% of CFOs are optimistic about prospects three years in the future.
News Archive: May - 2024
Newsmakers
John Stuntebeck Appointed Director of Client Development at OCIO Provider TIFF
Stuntebeck will work with nonprofit clients at the firm.
Research
Economic Damage From Climate Change Could Dent Global Income by 19% Over 25 Years
Study also finds that the costs of climate change damage is significantly more than the cost to limit global warming.
Manager Selection
BlackRock, Temasek JV Fund Surpasses Target With $1.4 Billion Close
Decarbonization Partners aims to invest in firms that support the acceleration of decarbonization.
Manager Selection
New Jersey Division of Investment to Host Emerging Manager Conference
The 2024 New Jersey emerging managers virtual symposium will be held on June 26.
Alternatives
Insurance CIOs See Alternatives Driving Portfolio Returns
There is no “turning back” to traditional asset allocations, according to KKR.
Regulation
How Much Will Complying With Emissions Standards Hurt Commercial Real Estate?
Not much to begin with, but costs will mount, research firm Green Street advises
Asset Allocation
SEC Climate Rule Will Reduce Information Asymmetry, Protect Investors, Congressman Says
Representative Sean Casten, in an interview with CIO, explained the SEC’s new rule will insulate less-sophisticated investors from climate risk.
Newsmakers
Anne-Marie Fink Named Co-Chair of AIMA’s Global Investor Board
She will serve alongside PSP’s Eduard Van Gelderen.
Asset Allocation
$185 Billion Australian Retirement Trust Plans Thermal Coal Divestments
The fund will divest from companies who generate more than 10% of their revenue from coal production.
Asset Allocation
Defined Benefit Plans Returned 4.47% in the First Quarter
Strong equities boosted returns for asset owners in the first quarter of 2024.
Asset Allocation
Irony: BlackRock, Shunned by U.S. Energy-Producing States, Teams Up With Oil-Rich Saudi Arabia
The kingdom, one of the top producers of carbon-based fuel, and the asset management kingpin form an investment partnership.
Newsmakers
Chris Ailman Bids Farewell at Final CIO Report
The investment chief, retiring this summer after more than 24 years at CalSTRS, lists hopes and worries.
Asset Allocation
60/40 is Still Resilient for Allocator Portfolios
Despite a positive correlation regime, bonds still belong in an institutional portfolio, PGIM says.
Pensions
Canadian Pensions Returned 2.5% in the First Quarter
Equity returns were strong, but the plans’ fixed income investments lagged.