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Governance

Future Fund appoints third deputy CIO

The Future Fund has appointed Sue Brake to the role of deputy CIO, portfolio strategy as part of the revamp of the $145 billion sovereign wealth fund’s investment team. She joins Wendy Norris deputy CIO for private markets and David George who is deputy CIO for public markets.
Elizabeth FryApril 4, 2019
Governance

More investors mull outsourcing CIO

Last year, America Red Cross shut its investment office and handed over the keys of its $3 billion investment portfolio to Cambridge Associates. More pensions and endowments will do the same, argues new research from Cerulli Associates.
Michele GiudittaApril 1, 2019
Governance

CFA drives diversity agenda

The CFA Institute will work with 30 asset owners and managers as “experimental partners”, implementing diversity and inclusion action plans in their businesses. We spoke to CFA's Rebecca Fender and CalSTRS' Chris Ailman about the importance of diversity. #BalanceforBetter
Amanda WhiteMarch 8, 2019
Governance

Stabilising and destabilising strategies

Phil Edwards CEO of Ricardo Research, a new consulting firm aimed at turning traditional thinking on its head, argues it is time to consider social utility and costs when assessing value add in investment strategies – including the impact products have on stabilising or destabilising market dynamics.
Phil EdwardsMarch 7, 2019
Governance

Tough times greet new CalPERS CIO

Ben Meng isn’t easing into his role. The new CIO of CalPERS faces three new board members, a stressed private equity program and executive turnover, all under the pressure of a 70 per cent funded status and a maturing membership at the $340 billion fund.
Sarah RundellFebruary 26, 2019
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