To Larry Summers, today’s trove of saved-up cash will juice consumer spending. TS Lombard is skeptical, due to the persistent virus.

US public employee pension plans are projected to be more than 80% funded on average.

Shifts in market structure since the global financial crisis have led to changes in the behavior of credit spreads, which may provide opportunities for active managers.

Scott Stringer also taps Eneasz Kądziela to oversee pension funds’ $18 billion private equity portfolio.

The hedge fund honcho, who also has had his duds, combines a composed demeanor under fire and an appetite for enormous risk.

Investors’ habit of bagging stocks during temporary slips could be going away, El-Erian warns.