Asset Allocation
Allocators Still Skeptical That ESG Can Deliver Good Returns
Some 58% of US institutions are unsure about investment performance, a survey says.
Some 58% of US institutions are unsure about investment performance, a survey says.
She will replace Jack Ehnes, the outgoing head of the pension system who postponed his retirement last year because of the pandemic.
Karen Karniol-Tambour was formerly head of research at the hedge fund; Carsten Stendevad was previously chief executive at ATP.
The $7.4 trillion asset manager sees cash as a guard against further shocks, leading a trend sweeping corporate America.
The institutional investor joins firms such as JPMorgan in mobilizing around the relief effort.