Family-office cowboys have new competition in niche seed investing: A $3 billion hospital fund.Headlines
The less transparent a hedge fund’s process, the more likely it is that investors are exposed to significant downside risk, research shows.
David Druley will succeed Sandra Urie, who will leave the firm on July 1 after a 25-year tenure.
Almost £8 billion is now under the oversight of the collaborative venture.
Veteran consultant Mark Brubaker will lead Wilshire’s full discretionary client accounts effective immediately.
A Lane Clark & Peacock survey found that asset managers who say they’re committed to environmental, social, and governance issues don’t necessarily behave accordingly.
The $178 billion fund is looking to fill positions in risk, fixed income, and real assets.
Kanner plans to step down early this summer after 23 years with the $150 billion pension fund, CIO has learned.
Nuveen Investments and TIAA Investments will be unified under a defined contribution investment only business.
Manager selection boils down to the people—and three key traits, writes guest columnist Christopher Schelling, private equity chief for the Texas Municipal Retirement System.