Tag: money

Asset Management Culture April 12, 2021

MBS Wants Saudi Arabia Fund to Reach $2 Trillion in Assets

The crown prince’s ambitious plan for the Public Investment Fund would change the kingdom’s dependence on oil while creating the world’s largest pool of institutional money, but questions remain.

Asset Management Culture October 23, 2020

Yale’s Swensen to Asset Managers: Hire More Women and Minorities

The decision to track investment firms’ progress would have a ‘seismic’ shift in the industry.

Regulation June 8, 2020

Convicted Officials Shouldn’t Get Public Pensions, Say North Carolina Lawmakers

Bill before legislature is sparked by anger over a county employee who won government retirement benefits after embezzling nearly $1 million.

Manager Selection March 5, 2020

Top Money Managers Among Those Fired from CalPERS

Large money managers including J.P. Morgan, Fidelity, and Allianz have lost their relationships with the biggest US pension plan as part of a massive restructuring of CalPERS’s equity program.