Industry News
Endowment boards need to have expectations as to how asset allocation and positioning is going to impact short-term results, an interim CIO at a university said, during a conference held in Miami this week.
The CIO said the comments to an audience of financial advisors at a conference held in Miami this week.
The foundation has hired the former head of private equity at Cornell University to serve as its managing director of investments.
The wealth management firm head of outsourced cio left for a senior role at Brookfield Asset Management.
He rejoins the plan after serving as a portfolio manager earlier in his career.
The firm’s employee ownership has grown to more than 70 shareholders.
The pension plan will also consider candidates in its executive director search next month.
The search follows the Jan. 3 departure of Chief Financial Operating Officer Ryan Skor.
Towers Watson, the consulting business of WTW, has appointed Craig Baker as chief investment strategist.
The foundation is searching for a chief financial and investment officer to oversee its finance, investments and grants management.