Daily Feed

Surveys/Studies
Investment Consultant Diversity Data 'Concerning': Report

The racial makeup of senior management at investment consulting firms dropped by almost 10%, an “alarming change” in a segment of the market that has an outsized impact on what asset managers are chosen by institutional allocators, according to a new report.

06.05.24
People Moves
Northeastern University Elects Six Board Members

The university has elected six new members to its board of trustees, including four with investment experience, to help guide its educational mission and fiscal policies.

06.05.24
People Moves
Asset Manager Hires Chief Investment Strategist

The firm hired a chief investment strategist to provide macroeconomic and investing commentary, thought leadership and market analysis.

06.05.24
Non-U.S. & Global Equity
Southern Fund Enters Strategic Partnership W/ Global Equity Mgr.

The fund has entered a strategic partnership with a global quantitative equity manager, which will see them collaborate to develop cutting-edge investment products and foster innovation to better understand evolving investor needs.

06.05.24
People Moves
Midwestern Foundation Hires Investment Analyst For Public Equities

The foundation has hired an investment analyst to wrap up its search for an analyst focused on its public equities portfolio.

06.05.24
People Moves
Southern University Adds Hedge Fund Founder As Senior Investment Officer

The university has hired a senior investment officer to handle the day-to-day management and oversight of private equity portfolio, including responsibility for pacing models, allocation and strategy development along with due diligence, manager selection and monitoring.

06.05.24
Consultant/OCIO/Discretionary
Canadian University Extends Deadline In Outsourced CIO Search

The university has extended the deadline for proposals in its search for an outsourced cio to oversee its endowment and operating portfolios by 10 days.

06.05.24
MRI/Social Investments
Northeastern Foundation More Than Doubles Impact Investing Commitment

The foundation has expanded its commitment to impact invests that advance health equity in communities that have faced a historic lack of investment with a new allocation that more than doubles the foundation’s previous commitments.

06.05.24
Consultant/OCIO/Discretionary
New England Plan Launches Search For Investment Consultant

The state agency has initiated a search for an investment consultant due to the upcoming contract expirations of its incumbent providers, which are allowed to rebid.

06.05.24
Consultant/OCIO/Discretionary
PFM Asset Management Brings Bolstered OCIO Business To Market

The PFMAM outsourced cio business has about $35 billion in assets under management and has turned to the endowment and foundation space as an area of emphasis.

06.05.24