Ontario Teachers’ Goes on Spending Spree in Education, Food, Workforce Technologies
The allocator led a series of funding rounds into ApplyBoard, Motif FoodWorks, and Beamery.
Asset Allocation
New 401(K) Plan Platform Offers Cryptocurrency Investments
ForUsAll’s Alt 401(k) platform allows participants to invest in more than 50 cryptocurrencies.
GIC and Equinix to Pump Extra $3.9 Billion into Data Centers
When completed, the global portfolio will be valued at more than $6.9 billion and will service the world’s top cloud service providers.
Greater Breadth Will Pull Stocks Out of Sideways Pattern, Stovall Says
As the tech stars dim, other sectors are charging upward, thus triggering the next breakout, CFRA sage declares.
Korean Asset Managers Earn Record Profits in Q1
The country’s 328 firms saw an aggregate 424.7% increase in income from a year earlier.
Dutch Pension Giant ABP Commits to Net-Zero Initiative
The UK’s National Trust and the Church of Sweden are among other investors to adopt the Net Zero Investment framework.
CIOs Favor Growth Stocks, Shun Bitcoin, Goldman Sachs Survey Finds
Investment chiefs also said they were bullish on China A shares and expect inflation to peak in the first half of 2022.
Norway’s Sovereign Wealth Fund Excludes 3 Firms for Rights Violations
Shapir Engineering and Industry, Mivne Real Estate, and Honeys Holdings were deemed an ‘unacceptable risk.’
Locus Raises $50 Million in Funding Round Led by GIC
The supply chain and machine learning company is looking to cut costs in the growing warehouse and logistics sector.
CPPIB, Phoenix Mills to Develop Retail Center in India
The mall is set to attract a growing consumer base in the affluent Alipore, Kolkata, neighborhood.
Payments Startup SpotOn Gets Funding from Mubadala, Others
The firm is the latest in a series of growth sector bets the sovereign wealth fund has been making.
Lawsuit Accuses Caesars, Russell Investment of Gambling with 401(k) Plan
The plaintiffs claim switching from State Street has cost participants $100 million in losses.
Fidelity 401(k) Plan Balances Rise to New High in Q1
Despite economic fallout from the pandemic, defined contribution plan balances remain strong.
Where Allocators Can Find Good Post-Pandemic Investments
Our panel suggested cobalt, building ground leases, sports franchise lending, and others.
So, SPACs Are Dead Meat? Not a Chance
The craze for the blank check outfits might have dwindled, due to the SEC, but they’re still a good investing choice, our symposium panelists say.