Historically, when the sector’s P/Es are this high, its market performance flags over the next 12 months, per Jack Ablin.

Borden was previously CIO of the South Carolina Investment Commission and the Louisiana State Employees’ Retirement System.

The pension insurer is well in the green, but conditions can be volatile.

The $462 billion pension giant will more than double those assets as it aims to halve the carbon-emissions intensity of its investments by 2030.

An MFS Investment Management survey reveals that investors are flocking to fixed income and international equities.

The $18.6 billion system hired a search firm to fill the role left by Zack McGuire’s June departure.

AT&T’s May transaction and other large PRTs push up the tally, Legal & General reports.

The American artificial intelligence industry is far ahead of the rest of the world, it notes, and you don’t have to worry about Skynet from “The Terminator.”