Corporate Moves
Northern Trust Developing Platform to Allow Institutional Buyers to Digitally Access Carbon Credits
Use of smart contracts expected to bring rigor to voluntary carbon credit market.
News Archive: Oct - 2023
Newsmakers
Illinois SURS Looking to Hire New CIO
The $22.6 billion pension fund is also seeking investment analysts for fixed income, equities and real assets.
Asset Allocation
PE Buyouts ‘Meaningfully’ Outperform Public Equities, Norges Bank Finds
The pension giant also found that venture capital and growth equity have underperformed public equities.
Most Asset Owners Seek to Implement ESG Strategy, Says Morningstar
The 2023 Voice of the Asset Owner survey probes views on developing ESG investment strategies.
Newsmakers
2023 Asset Owner Industry Innovation Award Finalists Announced
On December 5, CIO will recognize the allocators driving change and enhancing performance in institutional investing.
Newsmakers
2023 Asset Management & Servicing Industry Innovation Award Finalists Announced
CIO will recognize firms driving change and enhancing performance in institutional investing on December 5.
Risk
JOLTS Report Sends Stocks Tumbling, Prompting Visions of Another Fed Hike
Job openings surge for August is almost 1 million higher than expected.
Newsmakers
Private Equity Women Investor Network Names Emily Mendell Executive Director
Mendell brings three decades of leadership in venture capital and private equity.
Market Moves
S&P 500 Earnings Off 1% in Q3, Analysts Estimate
Marking a third straight period of losses, the index’s EPS suffered in financials, real estate, material, health care and energy, a survey finds.
Pensions
Cybersecurity Breaches at UK Pensions Soar More Than 4,000% in 1 Year
The number of reported attacks on all British financial firms triple, with the pension sector seeing the biggest increase.
Pensions
Alecta Board Chair Ingrid Bonde Resigns
The Swedish pension fund fired its CEO and replaced its head of equities earlier this year after losing $2 billion from the collapse of Silicon Valley Bank.
Newsmakers
PGIM Investments Appoints Carlino Global Head of Alternative Investments
The former alts leader at Merrill Lynch will assume a newly created position at the firm.
Pensions
NYU Endowment CIO Kathleen Jacobs Steps Down
Jacobs left NYU to pursue an unspecified new opportunity.
Pensions
How Private Equity Firms Can Protect ‘Treasure Trove’ From Digital Threats
With risks everywhere, responsibility for cybersecurity can be shared between financial services firms and their portfolio companies.