Industry News
The transaction adds $142 billion in assets to Franklin Templeton.
He has joined a woman-owned venture investment platform as a partner.
The new investment analyst joins from the state treasurer’s office.
He will leave the firm effective Feb. 28 and SEI will conduct a search internally and externally for his replacement.
The country’s largest public defined benefit plans are shifting their allocations in favor of alternative strategies, a new study finds.
The pension plan created stand-alone target allocations for real estate and infrastructure and recently added a new member to its investment staff.
Somerset had been in advanced talks to transfer its top performing funds to a new investment advisor.
The plan’s cio departed less than seven months after joining in the role.