News

Extensive and timely coverage of the institutional industry.

In The News
ARK Investment Management, LLC To Engage In A Strategic Review Of Its U.S. Distribution Currently Managed By Resolute Investment Distributors, Inc.

Today ARK Investment Management, LLC (“ARK”), a New York-based investment adviser focused solely on disruptive innovation, announced an important step toward strengthening its business and foundation for future growth.

10.29.20
Consultant/OCIO/Discretionary
Western Foundation Switches Discretionary Providers

A foundation based in the West has hired a new discretionary advisor to handle its investments.

10.29.20
Consultant/OCIO/Discretionary
Canadian College Seeks Investment Manager

A college in Canada has issued an RFP seeking a firm to help manage its endowment.

10.29.20
Consultant/OCIO/Discretionary
Midwest Foundation Hires New Consultant

A foundation in a Midwestern state has hired a new investment consultant following an invitation-only RFP process earlier this year.

10.29.20
Asset Study/Review
Southern State Plan Moves Portfolio Away From RE, EME

A Southern state plan is reducing its exposures to real estate and emerging markets equity to reduce volatility, while increasing the exposures to developed international and U.S. equity to add capital stability.

10.29.20
Multi-Asset/Investment Advisor
Midwest State Hires Advisor For New Investment Account

A state treasurer office in the Midwest has hired an investment advisor for a new investment account.

10.29.20
Searches And Hires
Midwestern University Seeking Search Consultant For Outsourced CIO RFP

A university in the Midwest is seeking a search consultant to manage an RFP for an outsourced cio for its foundation.

10.29.20
Fixed-Income
Midwest Trust Fund Eyes New FI Mandates Following Allocation Shakeup

A trust fund in the Midwest will look to remove fixed-income strategies at its board meeting today as it looks to add new fixed-income mandates.

10.29.20
Emerging/Diverse Managers
New England University Asks Investment Managers About Diversity

A New England-based university sent a letter to the investment managers in its endowment asking them to cooperate in tackling the issue of the lack of women and minorities in the asset management industry.

10.29.20
Surveys/Studies
COVID-19, Presidential Election Top Threats For Pension Plan Investment Programs: Survey

Corporate and healthcare pension plans have cited COVID-19 and the U.S. presidential election as the biggest threats to their investment programs in the next 12 months, according to a new survey

10.29.20