ASSET OWNERS

Institutional asset owners in the Northern Trust universe posted positive returns in the fourth quarter, primarily due to cooling inflation and lower interest rates.

Climate concerns have returned to the forefront for many European investors, with newer concepts such as AI also taking a place on 2024's agenda.

Four Canadian investment clients chose IMCO to oversee about C$2.6 billion ($1.92 billion) in assets.

Asia-Pacific funds in the world's top 100 asset owners now have nearly the same amount of assets as those in North America.

Institutional investors recorded positive returns for the fourth quarter, but that was not enough to prevent negative returns for the year.

Belfer, Tsai, Och, Hahn and Kraft family offices are among institutional investors caught up in FTX's bankruptcy.

Institutional asset owners in the Northern Trust universe posted a median return of -4.2% in the third quarter.

Hartford HealthCare cut its in-house investment team, roiling the investment committee.