Michigan pension appoints Shenkman Capital for HY
Retirement System of the City of Detroit has appointed Shenkman Capital Management to oversee a short duration high yield portfolio, according to documents seen by Creditflux.  

New York pensions seek climate change managers
The Comptroller of the City of New York is looking to appoint fixed income managers that invest in climate change solutions, according to a recent notice of search.  

UK charities join forces on hunt for ESG managers
Three UK based charities are joining forces in the hunt for a manager to oversee a £32 million ($41.6 million) portfolio with a strong focus on environment, social and governance (ESG) criteria as well as impact investing  

UK pension eyes managers as part of £1 billion-plus credit expansion
Border to Coast Pensions Partnership is seeking investment managers for single credit asset class mandates,

UK pension fund looks for emerging market manager to oversee £900 million
Pension partnership LGPS Central has launched a request for proposals for emerging market bond managers to oversee £900 million ($1,186 million)

Texas pension appoints CIO
Teacher Retirement System of Texas has appointed a new chief investment officer, effective from January 2020  

US pension backs special opportunities fund
Virginia Retirement System (VRS) has committed $150 million to a special opportunities fund, managed by Ares Management Corporation  

Danish pension backs green bonds
Sampension is set to boost its green portfolio, by allocating DKK300 million to German and Irish green bonds

US pension fund hires fixed income manager
Howard County Retirement Plans has appointed Payden & Rygel to oversee a $40 million absolute-return fixed income portfolio, according to documents seen by Creditflux  

UK pension Nest selects manager for £500 million global bond allocation
Nest, the largest pension scheme in the UK with over 8 million members, has selected a manager to oversee a £500 million separately managed account focused on global corporate bonds

US pension injects $300 million into mezzanine debt and high yield
Virginia Retirement System has earmarked $300 million for investments in high yield and mezzanine debt, according to a document seen by Creditflux.  

Arkansas pension shakes up credit portfolio
Arkansas Local Police and Fire Retirement System has made changes to its credit portfolio, adding new commitments to credit managers and terminating some existing relationships, according to a document seen by Creditflux  

ESG education top priority for 42% of institutional investors, CFA Society finds
Global Institutional investors are increasingly adopting ESG into their investment decision making – but education on the topic and quality ESG data are needed to help them progress, according to a survey conducted by CFA Society in New York

Swiss wealth management specialist launches impact investing unit
Reyl Group has launched an impact investing asset management affiliate known as Asteria Investment Managers  

Narrowly tailored event protocol set to go live in weeks
Investors have until 14 October to sign up to an Isda protocol aimed at stamping out narrowly tailored credit events (NTCEs) from the CDS market.

Roll week leaves CDS in strange places
CDS traders navigate a much-changed landscape in October, after one of the most impactful index rolls in recent times. 

Danish pensions join forces on green strategy
Danish Prime Minister Mette Frederiksen has announced that Danish pension funds are set to commit DKK350 billion in green investments, during an event prior to UN Climate Summit in New York  

Michigan pension commits over $300 million to credit
State of Michigan Retirement System has earmarked $302 million for new commitments to credit during the period April to June 2019, according to a document seen by Creditflux.  

Commonfund seeks to diversify manager pool with new portal
Commonfund will launch an online 'diverse manager portal' designed specifically to receive due diligence materials from women and minority-led managers investing in equities, fixed income and credit, real estate and hedge funds

Australian pension fund hires head of ESG
The Australian Catholic Superannuation & Retirement Fund has appointed Louise Bradshaw to lead the pension fund’s initiatives in regard to environmental, social, and governance (ESG) investments

Swedish pension dismisses CEO over trading rules violation
First Swedish National Pension Fund (AP1) says its has dismissed chief investment officer (CEO) Johan Magnusson, claiming he breached internal regulations in regard to holding and trading financial instruments  

Green bonds and international credit deliver double-digit returns for Swedish pension
Second Swedish National Pension Fund (AP2) reached SEK 367.4 billion in the first half of 2019, with investments in fixed income generating double-digit returns, according to its half year report  

Danish pension's credit portfolio gains 7.7% in 2019
Danish pension fund Arbejdsmarkedets Tillægspension (ATP) generated a return of DKK 2.7 billion ($401.2 million) on its credit portfolio in the first half of 2019, increasing the market value of credit investment to DKK 35 billion, according to H1 results

Cambridge University appoints CIO
The University of Cambridge has named a CIO who previously served at instutituions such as the BBC and Virgin  

Connecticut $36 billion pension hires first chief risk officer
The Connecticut Retirement Plans and Trust Funds has hired its first-ever chief risk officer