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Investor Profile

The real star of Washington State

Renowned academic Ashby Monk said the best way to lure talent to US public sector retirement funds unable to pay Wall Street salaries was to hire the green, the grey or the grounded. With a 30-year career spanning business, government and media, Theresa Whitmarsh, executive director of the $92.1-billion Washington State Investment Board (WSIB) laughs […]
Investor Profile

Santander: between its sponsor and a hard place

Antony Barker has only been director of pensions at the £8-billion ($12.2-billion) Santander Pension Fund, a defined benefit scheme for employees of the UK arm of the Spanish-owned bank, since August last year. Charged with rejuvenating the pension scheme, a worrying source of risk blighting the fortunes of the bank and a thorn in the […]