Industry News
Peter Madsen, who has served as director and cio of the Utah School & Institutional Trust Funds Office for almost nine years – helping oversee and manage its approximately $3 billion permanent school fund, took the time to answer five questions, plus a few extra, with FIN|News.
His last day at the firm will coincide with his four-year anniversary in the position.
He will be responsible for institutional distribution strategies, business development, marketing and client service for the firm.
The new global head of fixed-income will join the firm in August.
Jean Hsu will retire in July after 25 years at the plan.
The firm has announced a dedicated strategy and team to lead continuation vehicle transactions.
He will be responsible for leading the firm’s institutional fundraising efforts.
The firm has promoted a staff member to senior managing director to provide education, training, investment management, performance reporting and custody services to foundation and endowment clients in the Western region.
The university has named a current trustee and former board chairman as an emeriti trustee and elected seven new board members during its May 11 board of trustees meeting.
A large segment of investment managers intends to prioritize and change its product strategy in the next two years with the understanding that they need to combat data challenges to meet the evolving needs of investors, a new study finds.