Market Moves December 1, 2025

Markets Battle Data Blackout, Cloudy Fed Outlook

With key inflation and jobs reports delayed, allocators brace for a foggy December—balancing risk, volatility and uncertainty about the Federal Reserve’s next move.

Managing Volatility

In highly concentrated markets, allocators are balancing risk and uncertainty as they manage, and take advantage of, ongoing volatility.

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Corporate Moves December 9, 2025

Gulf Sovereign Funds Join Paramount Bid for Warner Bros.

Investors from Saudi Arabia, Qatar and the United Arab Emirates will join Affinity Partners in the Ellison family’s bid to wrest the media company away from Netflix.

Alternatives December 8, 2025

CPPIB Increases India-Based Assets With Acquisition of 6 Industrial Logistics Parks

The latest transaction marks the pension fund’s fourth significant investment in Indian infrastructure since 2022.

Regulation December 8, 2025

Defense Bill Would Restrict US Investment in China

Set to be voted on in both houses, the legislation includes provisions that would bar U.S. investments to the Chinese military and economy.  

Corporate Moves December 8, 2025

Apollo Acquires Stake in Welsh Soccer Club Wrexham

Actors Ryan Reynolds and Rob McElhenney will sell a minority stake in the team—popularized by a television show—to the alts manager’s sports platform.

Newsmakers December 8, 2025

Steven Meier Named Institutional Vice Chair at Neuberger Berman

The former New York City pension CIO will provide insights and thought leadership in a newly created role. 

Alternatives December 5, 2025

Abu Dhabi Sovereign Fund Sues Manager Over Planned Asset Sale

The Abu Dhabi Investment Council filed a complaint against the Energy & Minerals Group related to the sale of fund assets into a continuation vehicle.

Corporate Moves December 4, 2025

Norges Bank Topped GPIF to Become Largest Institutional Investor

During a strong 2024 for sovereign wealth funds, Norway’s Government Pension Fund Global surpassed Japan’s Government Pension Fund as the world’s largest.

Asset Allocation December 3, 2025

University of Chicago Endowment Rises 10.2% to $10.9B

A private markets secondaries sale cost the fund 90 basis points, but strong digital asset performance  helped it exceed last year’s return.

Newsmakers December 3, 2025

Prudential Financial Names Matt Armas CIO

Set to start in March 2026, the new hire’s insurance expertise was cited as an important factor.

Regulation December 3, 2025

Treasury, IRS Clarify Trump Account Intent, Limits

Billionaires Michael and Susan Dell pledged $6.25 billion to support the initiative aimed at providing an estimated $250 each to 25 million children. 

Regulation December 3, 2025

Legislative Package Seeks to Improve Market Disclosures, Encourage IPOs

The bill includes more than 20 measures that have already advanced out of committee.  

Regulation December 3, 2025

SEC Chair Atkins Argues to Reform Company Disclosure Requirements

The change would be one of three pillars on which the first-year chair intends to base attempts to deregulate financial markets. 

Newsmakers December 2, 2025

Mercer Seeks New US CIO

The firm is also looking to hire a new head of North American infrastructure.

Corporate Moves December 2, 2025

WTW to Acquire Secondaries Manager FlowStone

The acquisition, set to close in early 2026, aims to enhance WTW’s private markets capabilities for institutional and wealth investors.

Corporate Moves December 1, 2025

Goldman Sachs to Acquire ETF Provider Innovator Capital Management

GSAM will add $28 billion in exchange-traded-fund assets to its platform.