Many nonprofit investors are increasing their sustainable investment strategies to combat shared concerns related to climate change and carbon emissions, according to a recent report.
The institution promoted its managing director to deputy cio and director of investments to managing director of investments at the start of the fourth quarter.
Institutional investors indicated that rising rates and a recession will increase the importance of fixed-income within portfolios after years of low yields.
The firm has hired a chief people officer to oversee its human resources department including its talent acquisition strategy and diversity, equity and inclusion initiatives.