Strategists think the prospect of a gridlocked Congress will ultimately be good for stocks, with a couple of big exceptions.
World’s largest pension fund’s asset value declines to $1.31 trillion.
Complaint alleges Principles for Responsible Investment signatory owns at least $78 billion in fossil-fuel investments.
The easy answer is a rebounding economy. But that’s not the sole factor, a Northern Trust Asset Management study finds.
Alaine Zachary, investment chief of the Tennessee hospital system since 2015, sees Morgan Stanley’s OCIO group take over her job.