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Andover Contributory Retirement hires cash manager

Andover (Mass.) Contributory Retirement System hired Federated Hermes to run a $15 million cash management portfolio, said Elena M. Kothman, executive director of retirement services, in an email. The $340 million pension fund issued an RFP in October after the creation of a new 5% target…

United statesElenam kothmanIncome research managementDahab associatesMassachusetts pension reserves investmentContributory retirement systemFederated hermesCapital managementIncome researchMassachusetts pension reserves investment trust

More Than 100 Investment Organizations Sign CFA s Diversity Code

Top-flight entities, from CalPERS to Cambridge Associates, pledge to boost DEI and track their progress.

United statesNew zealand generalNew zealandUnited kingdomMargaret franklinCambridge associatesMckinsey coFinancial analyst instituteMassachusetts pension reserves investmentNorthern trust asset managementCalifornia public employee retirement systemAlberta investment managementCalifornia state teacher retirement systemMassachusetts pension reserves investment trustPwc globalChartered financial analyst institute

CFA Signs Up 40 Firms to Follow Its Diversity, Equity and Inclusion Code

Verus Advisory is the latest to join the group of signatories, which so far represent $17 trillion in assets.

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US pension fund Mass PRIM commits $150m to Sequoia China funds

The commitment will be split to four funds.

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How a VC Firm Is Using Machine Learning to Attract Portfolio Companies — And Investors

Georgian, which counts Investors Exchange among one of its companies, is raising more capital, according to a source familiar with the matter.

United statesState of connecticutJustin lafayetteBrad katsuyamaRonan ryanMichael lewisShawn wootenGeorgian growth fundShort for investors exchangeMassachusetts pension reserves investmentMarguerite casey foundationCalifornia wellness foundationInvestors exchangeMassachusetts pension reserves investment trustGrowth fund

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