Small yields, high prices, and too much supply spell trouble, hedge fund chief warns.
A Texas bill would force the state’s retirement systems to divest from companies that divest from fossil fuels.
Julie Cays, current CIO of the C$13.5 billion pension plan, will retire at the end of April.
Fiscal stimulus and a sustained vaccination pace are expected to spur the strongest GDP growth in 37 years.
Despite weak returns, funded levels rise for the fifth consecutive month.
With his deals seeing double-digit declines, the venture capital star encourages fellow investors not to be afraid of making changes.