Scary Similarity: The Roaring Twenties and Today
Then resembles now a lot, says State Street’s Arone. And we know how the 1920s ended.
News
More Than Half of UK Public Universities Commit to Divest Fossil Fuel
Divestment campaign gathers steam with 79 universities signing on since 2014.
Columbia University Endowment CEO to Step Down
Peter Holland's resignation comes just a few months after CIO’s departure.
Northrop Grumman Pays $12.4 Million to Settle 401(k) Lawsuit
Lawsuit said firm’s alleged fiduciary failures caused plan to lose over $13 million
Family Offices Slash Allocation to Alternatives by More than Half
Survey finds family offices allocated the most to equities in 2019.
Funding for UK Defined Benefit Plans Rises in December
The total deficit for the plans is nearly halved as the funded ratio climbs to 98%.
Airline Stocks Fly High Despite Boeing MAX Mess
Thriving economy and trade war pause aid carriers, despite loss of tainted plane.
PBGC Approves Facilitated Merger of New York Pension Funds
Pension lifeboat will provide three annual payments of $8.9 million to merged plan.
Blockchain Could Save a Country Billions, Report Says
How the UAE adopts the crypto technology could give other nations a template.
Michigan Police Pension Files Securities Lawsuit Against Prudential
Fund alleges insurance giant provided false information that artificially inflated its stock.
Defense Stocks Are Killing It, but for How Long?
Amid swelling Pentagon spending under Donald Trump, they look good. But under President Bernie Sanders?
CalPERS Outlines Key Economic Risks for Next Decade
Declining interest rates, increasing profit margins less likely to repeat, and high valuations across domestic markets topped the list.
BlackRock Makes Sustainability the Focus of its Investment Strategy
CEO Larry Fink says investment risk and climate risk are one and the same.
What? Stocks Stumble as No Hollywood Ending Caps Trade Talks?
Market once more is shocked that this fraught diplomatic cage fight is far from over.
Finnish Pension Veritas Hires New CIO from Rival Varma
Kari Vatanen replaces Niina Bergring, who left to join Helsinki’s Aktia Bank.