Some see exchange-traded funds’ steady growth as indicating sound structure may be more important than artificial intelligence innovations.
The meager 2.3% return from the Quebec pension fund’s private equity portfolio fell well short of the benchmark’s 12.6%.
The $57 billion endowment slashed its holdings in Amazon, Microsoft, Bitcoin and Nvidia, while raising its stakes in Alphabet and Taiwan Semiconductor.
Limited partners have questions about their managers’ quest for new sources of capital.
Market swings have been all too common since last year, leading investors to warn against complacency.
Four New York City pension funds will drop their complaint after AT&T agreed to allow its shareholders to vote on workforce demographic disclosures at its annual meeting.
