THINKING: Press Releases

Penserra’s Transition Management team Nominated as a 2018 Innovation Award Finalist by Chief Investment Officer.

Penserra Transition Management Nominated as a 2018 Innovation Award Finalist

For the ninth consecutive year, Chief Investment Officer announced its short list of the most innovative asset owners and asset managers. Nominated by a network of their peers who represent more than $1.8 trillion in assets under management, the brightest and most forward-looking asset owners made it onto our 2018 short list for CIO’s Innovation Awards.

Nominators were asked to share their answers to three central questions: Who is inspiring to you? How are they innovative? Which asset owners are challenging the status quo and succeeding? Nominators were also asked which asset managers and service providers had honestly offered them something of true value that fit their investment needs over the long term.

Since Chief Investment Officer started these awards in 2010, “innovation” has perhaps become an overused buzzword. While others may confuse innovation with change, CIO doe not: Their goal since the beginning has been to highlight the truly innovative approaches to asset owning and asset management, separating the merely different from the meaningful. As a result, over the past seven years, CIO has honored an ever-growing list of the world’s most innovative thinkers on both sides of the business.

Winners of all categories will be announced at the ninth annual Innovation Gala which will again be held at the New York Public Library on December 13, 2018.

Founded in 2007, Penserra Securities LLC (“Penserra”) is an institutional financial services firm with offices located in New York, Chicago, and the San Francisco Bay Area. Services include Global Equity Trading, Fixed Income Trading, Investment Banking, ETF Sub-Advising, Transition Management, and Equity Research. Penserra is a certified Minority-Owned Business Enterprise (MBE).