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Sidley gets some new talent, PRGN adds new offices, and more.
News
Texas Employees’ Tees Up Major Investment Plans
Private equity, infrastructure, and real estate allocations have their investment schedules laid out for the future.
UK Pension Funds Now Hold less than 20% in Equities
Report also says accounting rules change could cost FTSE 100 pensions $100 billion.
Rhode Island Secures Church Pension Transparency
Bill’s passage will solve reporting loophole in religious institutions.
Institutional Investors Call for Workplace Disability Inclusion
Only 29% of working age Americans with disabilities are employed.
Op-Ed Scolds Harvard’s ‘Rapacious’ Land Investments
Former overseer Kathryn Taylor, two student advocates call for a ‘new direction’ for endowment investments.
CalSTRS and Illinois Treasury Officials Win Prestigious Fellowships
June Kim and Rodrigo Garcia join 20 other finance professionals in Aspen Institute program.
Vast Majority of Endowments Investing in Crypto Assets
Survey finds 94% of endowments invested in digital assets in 2018.
Trump Risks Reelection if Trade Tiff Messes Up the Market, Siegel Says
Famed Wharton prof warns that a bad economy and stock climate will harm the president in 2020.
Life Expectancies Are Declining Slightly in Private Pension Plans
Society of Actuaries director hints at opioid crisis, societal issues as cause.
NY State Pension Misses Target with 2019 Return of 5.3%
Private equity helps raise fund’s asset value to $210.2 billion.
Diversity Not a Priority for Asset Managers
Report finds that interest and concern have not translated into action.
Allocators in Emerging Markets Find Big Outperformance in Small Packages
Smaller, specialized investments in managers and opportunities is a pathway to outperformance in emerging markets.
Earnings Recession Is a Non-Event: 1Q Results Are Flat
Strong economy overcomes predictions of a down quarter and may push up profits ahead.
Switzerland OKs Tax and Pension Reforms
Referendum ends lower taxes aimed to attract foreign companies and boosts contributions to the state retirement system.