It has been an eventful week, and it's easy to fall behind. Here are the 10 most important reads of the week.
10 CIO Candidates For The United Nations Joint Staff Pension Fund. The $60 billion United Nations Joint Staff Pension Fund is accepting nominations for a new chief investment officer, and Trusted Insight created a shortlist of 10 highly qualified candidates poised to assume (or maintain) the role.
Building A ‘Total Portfolio’ Approach From A Clean Slate | Exclusive Q&A With Shawn Wischmeier, CIO Of Cargill Philanthropies - Part I. Shawn Wischmeier joined Margaret A. Cargill Philanthropies in May 2012 as the foundation’s first chief investment officer. Wischmeier’s interview with Trusted Insight is organized in two parts. In part one of the interview, he discusses how he radically changed the investment team at Cargill Philanthropies and built an investment portfolio from almost a clean slate.
CalSTRS Deputy CIO Announces Retirement After 27 Years. The California State Teachers’ Retirement System’s Deputy Chief Investment Officer Michelle Cunningham announced her retirement from an investment career spanning 35 years—27 of which have been with CalSTRS.
Tech 'Unicorn' IPOs Are Booming. Four so-called "unicorns," or private companies valued at $1 billion or higher, completed initial public offerings in the second quarter. That was double what was seen in the first quarter, and equal to the number of unicorn IPOs for the entire year in both 2015 and 2016.
A $3.4B Hedge Fund's Letter Raises A Fundamental Question About The Future Of The Industry. In particular, it states that quantitative and passive investing have changed the market. Quants use algorithms to make investment decisions and often follow short-term moves. Passive funds track market indexes. Both are challenging active managers, the human-backed stock pickers that have traditionally dominated Wall Street.
Boston College Endowment Shifts to Wall Street-Style Pay Packages. Boston College has implemented a performance-based compensation plan for its investment office, following the lead of other large university endowments with Wall Street-style pay packages.
11 Best Practices For Setting Up Family Philanthropy. Whether you are new to philanthropy, or looking to engage your family, it’s valuable in the beginning to reflect on what you want to achieve with your philanthropy and invite family members into the discussion. The following 11 best practices in family philanthropy governance can guide you and serve as action steps when you are ready.
Commercial Real Estate Space Is Starting To See Supply: Sam Zell. Billionaire investor Sam Zell anticipates a higher "all-time high" in commercial real estate market. As real estate supply reaches the highest since 2010, predicting demand is the biggest risk yet an essential task for investors.
Linkedin Co-founder Reid Hoffman And Web Icon Tim O'reilly Debate The State Of Startups. CNBC's Jon Fortt sat down with some heavy hitters in Silicon Valley to discuss entrepreneurship, venture capital and scaling start-ups on Wednesday in conjunction with the "Fortt Knox" podcast series.
Bumpy Times In Brazil, But Hedge Funds Boom. Hedge funds are growing in Brazil amid political and economic upheaval.