The First Quarter Was Bad for Asset Managers’ Stock, Even Though Their Fourth Quarter Earnings Ruled
Amid the market carnage of early 2022, the long-term outlook is good for the money mavens.
Asset Allocation
New York State Pension Invests Over $2.6 Billion in Alts in December
The Common Retirement Fund allocates nearly half of the month’s commitments to real estate investments.
Healthcare of Ontario Pension Earns 11.28% in 2021
Canadian pension plan tops benchmark as asset value grows to C$114.4 billion.
Up and Coming Biotech Innovations Investors Should Know About
Investors name some key companies and strategies they see promise in.
Ohio Teachers’ Pension Increases Alts and Fixed Income Targets, Decreases Public Equities
The pension was also able to implement a cost-of-living adjustment thanks to high returns this past year.
JPM: De-Risking Plans Suffer if They Don’t Broaden Out to Alts
The old LDI method of sliding into bonds from stocks is past its prime, a study from the firm says.
Canada’s Largest Pension Fund Launches Real Estate JVs in U.S., India
CPPIB will invest nearly $1 billion in partnership with Lennar subsidiary LMC in the U.S,. and more than $350 million in India with RMZ Corp.
Does the Office Real Estate Market Have a Pulse? Look at Blackstone’s Big Buy
Its purchase of a stake in a swanky NYC tower shows there’s demand for the new stuff. But older buildings are struggling.
Proposed Bill Would Require CalPERS, CalSTRS to Divest Fossil Fuels
The pension giants would have to sell off more than $9 billion combined in assets by 2027.
NYC Comptroller Changes Tune on Pension Funds’ Alt Holdings
Brad Lander wants the city’s pension funds to be able to invest more in alternative assets. Last year he called some of them ‘risky and speculative.’
Gold Demand Increasing as Stagflation Risk Looms
Record-breaking inflation combined with current geopolitical tensions are driving the trend.
The ‘Dumb Money’ Tops the Sophisticates in the Market, BofA Says
Retail investors are still buying the dips, and that has been a winning strategy, the firm finds.
Bonds Stink as a Refuge From Stocks, but BlackRock Sees a Work-Around
The firm makes a case for TIPS and Chinese government paper, as alternatives.
Bill Miller Lists His Favorite Cheap Stocks: Alibaba, Anybody?
Some of these are contrarian plays, big-time. But the value guru is undaunted.