Corey Amon News Today

He is the first CIO to be hired after New Jersey scrapped its CIO salary cap law.

Shoaib Khan has been promoted to director of the state division of investment and CIO of the New Jersey Pension Fund.

Credit: train_photos via Creative Commons under CC BY-SA 2.0 Freight train climbing hill After plummeting at the onset of the pandemic last year, booming investment earnings have helped push the total value of pension fund assets over $90 billion, officials said Wednesday during a public meeting of the New Jersey State Investment Council. “The results, obviously, have been very favorable,” investment council chairman Deepak Raj said during the meeting. The potential record-setting investmen...

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Leadership Transition at Division of Investment Announced May 12, 2021, 2:15 pm | in Leadership Transition at Division of Investment Announced     (TRENTON) – New Jersey Department of the Treasury’s Division of Investments Director Corey Amon announced Tuesday that he is resigning his position, effective June 4, to pursue a new opportunity. Shoaib Khan, Deputy Director of the Division, will serve as Acting Director following Amon’s departure to ensure a seamless ...

Share this article Share this article NEWARK, N.J., March 11, 2021 /PRNewswire/ -- Jacob Walthour Jr., the founder of New Jerseys first and largest Black asset management firm, Blueprint Capital Advisors, is garnering widespread attention for the work his firm is doing for clients and New Jerseys Black community. He was recently recognized as part of the NJBIZ Leaders in Finance Awards and the ROI Influencers Power List 2021. He is no stranger to recognition having been named by Black Enterpri...

New Jersey Pension Fund sees 14.8% return BLOOMBERG NEWS New Jersery state lottery contributed $500 million to the state pension fund in the last six months of 2020. The New Jersey Pension Fund, Trenton, posted a return of 14.81% for the six months ended Dec. 31, according to preliminary data prepared by the division of investment, a unit of the state Department of the Treasury that manages investments for the $83.3 billion pension fund. The returns, net of all fees for the first half of the pe...

Credit: (AP Photo/Mark Lennihan) File photo: The Charging Bull statue in New York’s financial district Investment returns for New Jersey’s public-worker pension fund have been soaring in recent months, providing some promising news nearly a year after the start of the COVID-19 pandemic triggered major losses. Preliminary figures reviewed by members of the State Investment Council during a meeting Wednesday indicated overall investment returns totaled nearly 15% for the first half of the cur...

N.J. public worker pension fund’s investment returns surged in 2nd half of 2020 Updated Jan 28, 2021; Facebook Share New Jersey’s pension fund grew by $6.6 billion in the first half of the fiscal year, closing out 2020 with $83.3 billion in assets, Division of Investment Director Corey Amon announced Wednesday. From July 1 to Dec. 31, the pension fund returned 14.8%, ahead of its benchmark and double its long-term assumed rate of return. For calendar year 2020, the pension fund delivered a...

New Jersey Division of Investment chooses deputy director Print Shoaib Khan was hired as the deputy director of the New Jersey Division of Investment, which handles investments for the $83.3 billion New Jersey Pension Fund. Mr. Khans hiring was announced Wednesday at a virtual meeting of the New Jersey State Investment Council, which formulates policies for the division, a unit of the state Department of the Treasury. Mr. Khan, who started work Jan. 4, takes a job that had been vacant since Jul...