As U.S. professionally managed assets declined in 2022, Cerulli Associates’ latest report found a temporary trend reversal where institutional channel assets gained a slight edge over retail.
The firm hired a v.p. within its alternatives consulting group to provide consulting and research across alternatives with a particular focus on private equity and private debt.
Fujita was hired as the new cio of the $31 billion plan in July after spending the last 13 years with the Los Angeles City Employees’ Retirement System.
Former Mass General CIO John Barker has joined the Canadian asset management corporation as its investment head and will be tasked with diversifying its portfolio, which has been comprised of Mastercard Class A common stock since its founding in 2006.