Industry News

People Moves
SEI Loses Global Asset Management Head

He will leave the firm effective Feb. 28 and SEI will conduct a search internally and externally for his replacement.

12.22.23
Surveys/Studies
Top U.S. Pensions Shift To Alternative Allocations: Study

The country’s largest public defined benefit plans are shifting their allocations in favor of alternative strategies, a new study finds.

12.21.23
Asset Study/Review
Midwest Pension Plan Tweaks A/A; Hires Associate Investment Officer

The pension plan created stand-alone target allocations for real estate and infrastructure and recently added a new member to its investment staff.

12.21.23
International / Global / Emerging Markets
Polen To Acquire Somerset Capital Funds

Somerset had been in advanced talks to transfer its top performing funds to a new investment advisor.

12.21.23
People Moves
Windy City Plan Loses CIO

The plan’s cio departed less than seven months after joining in the role.

12.20.23
Surveys/Studies
AI Leads Investors Toward Private Market Assets As Geopolitical Fears Grow: Survey

Institutional investors are bullish on private market investments as the rapid development of artificial intelligence technologies signals future growth in the economy despite looming geopolitical risks, according to a recent survey.

12.20.23
People Moves
MoLAGERS CIO To Retire

He joined the plan as its first ever cio in 2005.

12.20.23
Surveys/Studies
OCIOs Favor PE, Credit Allocations For Nonprofit Portfolios: Study

Private equity and credit stand poised to continue dominating nonprofit mandates for the next year to two years, according to a new study of outsourced cio providers.

12.20.23
People Moves
Investment Advisor Adds Central Regional Director

The firm added a central regional director to work with nonprofit and institutional clients, providing them with investment advisory, asset allocation and portfolio construction services.

12.20.23
People Moves
Western University Adds Four Alumni To Board Of Trustees

The university elected four alumni to join its board of trustees, including two investment professionals, at the start of this quarter.

12.20.23