In three decades, both asset classes went south at the same time in only nine quarters, and two of them occurred this year, says Panama’s Santiago.

Market slump causes $262 billion drop in U.S. public pensions’ funding levels in June.

New York State Common Retirement Fund benefits from having a fiscal year that ended before the second-quarter market slump.

A lot of wise souls think that goal is achievable—despite the heavy weather blocking the way.

The exchange, suffering like the digital currency it trades, gains access to the asset management giant’s institutional clients.