The previous CEO will stay on as executive chairman.
According to the report, contributing faculty “sought to develop metrics, standards and algorithms such that they could be updated in future years and potentially translated to other industry segments.”
State Treasurer Young Boozer, who serves on the board of the employee retirement system, said the global problems are substantial but expressed confidence in the health of the state’s pension funds.
We’re excited about market highs as much as the next investor, but, historically speaking, you cannot plan your financial future based on blips on the investment radar.
More than two fifths (43%) of pension funds and other institutional investors expect fixed income performance to deteriorate further over the next 12 months, with 13% expecting a significant decline, according to Aeon Investments.
Black-owned investment managers represent nearly one-third of all firms that have submitted information to Emerging Manager Monthly’s Diverse Manager Directory.
Base10 Partners has partnered with the Student Freedom Initiative to expand the investment options available to historically Black colleges and universities, the firm announced.
Retirement plans are increasingly testing the waters for new investment advisors and record keepers.
His Co-CIO will become sole CIO following his departure.
He will serve as head of infrastructure equity within the real estate and private markets group.