For the world’s largest asset owners
August 17, 2022
Unexciting Earnings May Be Warning Sign, BlackRock Says

Projected S&P 500 profits rose just 6.7% in the second quarter, and even slower results are ahead. Not good for stocks, the firm contends.

Maryland State Retirement System Loses 3% in Fiscal Year 2022

Despite the loss, the pension fund beat its benchmark by 53 basis points.

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Illinois Teachers’ Pension Invests $1.5 Billion in June, July

The Teachers’ Retirement System of the State of Illinois earmarked over $1 billion for alts.

Federal EV Aid Should Be a Big Boost for the Cars

New law, signed by Biden on Tuesday, funnels $370 billion to help electric vehicle sales.

Trending: ‘Disruption Is the Only Constant,’ CFA Institute Research Finds
Technology, sustainability expected to drive the future of work in investment management.
Trending: 19 GOP Attorneys General Slam BlackRock Over ESG Investments

‘Fiduciary duty is not lip service,’ says August 4 letter, which is addressed to CEO Larry Fink and seeks ‘clarification on actions that appear to have been motivated by interests other than maximizing financial return.’

Editorial: CIOeditors@issmediasolutions.com
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