Market Drilldown December 5, 2019

Frozen Liquidity Problem Solved, Kinda, So Alts’ Popularity Grows

Liquid alternative investments let you cash out, but what will happen in the next market panic? 

Risk December 5, 2019

Florida Firefighters Pension Sues Resideo for Securities Fraud

Class action suit alleged firm misled investors to artificially inflate share price.

Regulation December 5, 2019

Connecticut Moves to Embrace ‘First-of-its-Kind’ Gun Divestment Policy

State treasury plans to divest from civilian gun manufacturers to mitigate the national gun violence crisis.

Risk December 5, 2019

Norway Pension Fund Removes Petrobras from Watch List

Norges Bank says Brazilian oil firm’s US settlement reduces corruption risk.

Manager Selection December 4, 2019

Exclusive: CalPERS Fires Most of Its Equity Managers

Allocations for both traditional and emerging equity managers were slashed from $33.6 billion to $5.5 billion, and only four of 22 managers have been spared.

Asset Allocation December 4, 2019

Major Institutional Investors Say Zuckerberg’s ‘Totalitarian Grip’ on Facebook Must End

Group calls for Facebook to divulge the concentrated power that chairman and CEO holds.

Risk December 4, 2019

A Warren Win Wouldn’t Necessarily Bring a Bear Market, Says Bernstein

Similar downbeat predictions about Obama and Trump came to naught, strategists point out.

Market Moves December 4, 2019

Japanese Pension Giant GPIF Suspends Short Selling

World’s largest retirement fund says practice is ‘inconsistent’ with stewardship duties.

Asset Allocation December 4, 2019

ESG Disclosure Lags Behind Investment in Asia Pacific

CFA says much work remains to be done to raise quality of ESG information.

Shop Talk December 3, 2019

As Plastic Risk Rises, New Materials in Development to Reduce Exposure

Interest is strong in early stages.

Market Moves December 3, 2019

A Nice November Portends a Great Market 2019 Finish, Says Stovall

Contrast the current situation with year-end 2018’s lousy showing.

Regulation December 3, 2019

Washington State Investment Board Advances Lawsuit Against Brazilian Company

Court gives green light to WSIB for its bribery case against Brazilian construction company Odebrecht.

Risk December 3, 2019

European Firms Increasingly Pessimistic, Climate Investment Stagnates

EU manufacturers plan to reduce investment for first time in four years.

Regulation December 3, 2019

Senators Rebuke Federal Pension’s Criticisms of China Investment Ban

Sponsors of the bill says the pension board must either be ‘unaware’ or ‘purposefully misleading.’

Asset Management Culture December 2, 2019

Corporations Are Agreeing More to CalPERS Diversity Demands

More than 50% of the companies engaged by the largest US pension plan are agreeing to add women and minorities to their board.

Risk December 2, 2019

No Good News Ahead for Oil Prices or Stocks

Despite probably new OPEC production cuts, US fracking will tarnish black gold.