Baring Asset Management appoints COO, Oregon State Treasury, ING Investment Management, State Street, Wurts & Associates, Alaska Permanent Fund Corp., Pramerica, PIMCO, Pioneer Investments, Aegon
US - The $40bn Alaska Permanent Fund Corp., the sovereign wealth fund known for being among the first institutional investors in the US to use a risk-based asset allocation approach, has hired Jay Willoughby as its new chief investment officer.
US - Russell Investments has landed a $640m mandate from the Alaska Permanent Fund for its Russell Fundamental Developed Large Company Index, the first mandate win for the firm in its new suite of fundamental indices.
US - Consultant Wurts & Associates has hired Jeffrey Scott, the investment chief of the Alaska Permanent Fund Corporation known for spearheading a risk-based asset allocation, to serve as CIO of its outsourcing business.