Asset Allocation
PSP Investments Reports 4.4% Return in Fiscal 2023
The Canadian pension investment manager raised its net AUM to $182.3 billion.
Tag: chief executive officer
Corporate Moves
Howard Perlow Named Angeles Investments’ 1st CEO
The investment firm also promoted David Brief to head of its OCIO practice.
Newsmakers
New Zealand Super Fund CEO Will Step Down at End of Year
Matt Whineray will leave the $39 billion pension fund after more than 15 years.
Newsmakers
Alecta Fires CEO as Fallout Continues From $2 Billion Banking Losses
Magnus Billing lost the confidence of the pension fund’s board, and Katarina Thorslund has been named acting CEO.
Manager Selection
Invesco, Russell Investments Name New CEOs
Zach Buchwald arrives at Russell from BlackRock, while Invesco promotes Andrew Schlossberg from managing director role.
Newsmakers
Swedish Pension Fund AP3 Names Staffan Hansén CEO
Hansén will take over the $49.5 billion fund for retiring CEO Kerstin Hessius by no later than December 1.
Manager Selection
PSP Investments’ President and CEO to Retire
Neil Cunningham will step down at the end of March 2023 after more than 19 years with the firm and five years at the helm.
Asset Management Culture
Diversity Quotas ‘Absolutely’ Work, Ursula Burns Says
The businesswoman striving to diversify the racial and ethnic makeup of corporate boards talks about the most effective strategies.
Newsmakers
A Washington Beating for Robinhood’s CEO
The GameStop congressional hearings expose fractures in the online brokerage’s business model: its trading halt, margin level, and fee policy.