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.
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.