Industry News
The $2.4 billion Pennsylvania Municipal Retirement System’s secretary has retired, effective Oct. 9.
PineBridge will add a 40-member real estate team to its roster.
The plan’s current executive director will retire in March 2021.
A Midwestern plan’s executive director will retire in 2021 after serving in the position for 11 years.
The deal expands Morgan Stanley IM to $1.2 trillion in assets under management.
Endowments typically invest countercyclically by decreasing active risky allocations during the run-up to a crisis, such as the Global Financial Crisis, and then increasing these allocations as risky asset prices fall following the start of a crisis, new research shows.
The treasurer of a university in the Midwest left the institution last week and will soon join a university in the Northeast as its next treasurer following a search from earlier this year.
A foundation based in a Great Plains state has hired an investment analyst following a search for the position this summer.
Brown Brothers Harriman & Co. has hired a deputy cio within its private banking business from a Northeastern museum, the firm announced.
An investment consulting firm has hired a new cfo as its current finance head retires.