SPECIAL REPORT
Asset owners are facing new challenges as they navigate succession planning at the highest levels of their organizations.
A major concern for pension funds is whether a flexible-work environment will entice public pension fund professionals into corporate life.
While the number of money managers replacing their top staff in recent years has not been high, there have been some high-profile changes.
While surprise departures and leadership contests at asset managers make headlines, broader changes to succession planning have been underway.
CIOs and strategists at the largest asset management firms largely agree that investors are in for a bumpy ride in the second half of 2022.
The plunge in markets hit institutional investors' portfolios in the first half of this year, but that is not keeping CIOs on the sidelines.
Money managers agree that inflation, volatility and further market drops are all likely in the cards for investors, but opportunities exist.
Looking to retain assets in DC plans, sponsors are improving plan designs to highlight cost and service benefits for participants.
Despite job changes and retirements, rollover IRAs haven't grabbed retirement market share from defined contribution plans in recent years.
Private markets managers are getting serious about incorporating ESG into investment strategies, while also raising money for ESG funds.
