Asset Management Culture
Colby College Appoints Deborah Shufrin New CIO
The allocator was DCIO at Brandeis University for the past decade.
Tag: Investment
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.
Amy Falls: What’s Next for the Northwestern Endowment?
William McLean’s successor to the $12 billion fund has carefully built a successful track record over her decades-long career.
Pensions
CalSTRS Aims for New $2 Billion Sustainable Portfolio
Pension plan officials believe they can build a new private markets allocation without sacrificing investment targets.
Newsmakers
State Employee Retirements at CalPERS Jump 15% in 2020
The pension system says the spike was ‘predicted’ and figured into planning for the $389 billion fund.
Corporate Moves
Northwestern Names Amy Falls New VP and CIO
She will be the first woman to oversee the $12.2 billion endowment.
Asset Management Culture
Raytheon Technologies to Launch Diverse Manager Program
Asset managers for the $110 billion corporate plans should start hiring with race, gender, and other considerations in mind, CIO Robin Diamonte says.
Tufts University to End Direct Investments into Coal and Tar Sands
The school will also invest up to $25 million with climate impact funds.
Newsmakers
Jacque Millard, Longtime Intermountain Healthcare CIO, Has Retired
The allocator, who spent nearly 28 years at the fund, is mulling over her next move, while filling her schedule with advisory commitments.
Market Moves
A Record Number of New Retail Investors Signed Up in 2020
They’re younger, more diverse, and they go to their friends and family for investment advice, a new report confirms.
Asset Management Culture
Op-Ed: Investors Have More to Do If They Really Want to Help Address Systemic Racism
Capital allocators must understand the importance of supporting positive change that benefits their stakeholders and society at large, sustainable investing experts argue.
Corporate Moves
Rens Götz Leaves ABB, Follows Ex-Boss Elisabeth Bourqui to Her New Asset Management Firm
The one-time ABB pension asset allocator, after her short and bumpy interlude at CalPERS, co-founded BERG and now has hired him.
The Big Challenges Facing the New Kentucky Pension Plan CIO
Ahead of an April 1 system overhaul, Steven Herbert has a ‘hundred actions’ he needs to perform.
Market Moves
What Are the Next Five Meme Stocks After GameStop?
Retail investors in popular subreddit r/wallstreetbets have proven they can drive up stocks for GameStop. Now, they’re on the hunt for other social media favorites.
Alternatives
Op-Ed: Key Takeaways from Davos on China and ESG in a Post-COVID-19 Era
What should we expect from China’s ESG development in 2021?