Cornell University’s endowment office appoints a new senior investment officer
In his new role, Smith will oversee the $10.7B endowment fund’s private equity and venture investments.
institutional investing
PSP Investments responds to call for divestment from Tesla
As of Dec. 31, 2024, PSP Investments held 690,063 shares of Tesla, valued at more than US$278M.
BCI acquiring stake in North American insurance brokerage firm
BCI will acquire a co-control ownership position in BroadStreet.
AIMCo generates net return of 12.3% in 2024, falling short of benchmark
The return came in slightly below the total fund benchmark return of 13.8%.
AIMCo generates net return of 12.3% in 2024, falling short of benchmark
The return came in slightly below the total fund benchmark return of 13.8%.
Could AI offer investors a steady hand amid times of uncertainty?
A recent survey by Mercer found nine out of 10 investment managers are currently using or planned to use AI in their investment processes.
Ontario Teachers’ posts net return of 9.4% for 2024, grows assets to $266.3bn
The fund missed its 2024 total
benchmark return of 12.9%.
David Vickers snags CIO role at Windmill Hill Asset Management
In February, Vickers joined the firm, which manages three major philanthropies endowed by the Rothschild family.
WTW appointing Craig Baker chief investment strategist, Jon Pliner global CIO
Baker and Pliner will assume their new roles, effective Apr. 1.
OPTrust reports annual return of 9.6% in 2024, highlights gold as a key exposure
The fund’s risk management portfolio produced the strongest returns of 33.9%, largely driven by its exposure to gold.