The asset manager steered more money to stock funds last year than it intended for some individuals in a roughly $27 billion education-savings plan administered by the state of Nevada.
Axiom Investors has appointed a new co-portfolio manager to its emerging markets equity strategy.
One will lead the firm’s whole loan business, while the other focuses on private credit origination.
A West Coast city is searching for a firm to oversee portions of its $300 million portfolio.
He will bring an operational lens to healthcare investment decisions and will oversee the transformation and growth team, the firm said.
They will each co-head a private equity strategy.
The new hires include a head of fixed-income trading, a portfolio manager, a senior credit analyst and a fixed-income trader.
Fund V brings the firm’s total assets under management to more than $1.6 billion.
Better governance, flexibility, and clever investment strategies and solutions can prepare pension funds for the future, plan leaders say.
One lawsuit said that buying restrictions were only imposed on retail investors, not institutions, when the GameStop frenzy peaked in late January.