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.
Asset Allocation
BlackRock Makes Sustainability the Focus of its Investment Strategy
CEO Larry Fink says investment risk and climate risk are one and the same.
Alaska’s Alternative Investing Ace Brings Out-of-Box Thinking to New Post
Marcus Frampton, winner of CIO's Innovation Award for sovereign wealth funds, has made a big mark since he landed the top job in 2018.
Risk Manager of 2019/2020: The CIO Who Beat Q4 of 2018
How Vincent Morin of Air Canada, CIO's Innovation Award winner for Risk Management, used the 4 P's to keep his fund in the surplus.
Institutional Investors Call for Barclays to End Fossil Fuel Financing
Managers of more than $170 billion say bank lags behind peers in climate action.
CalSTRS Rejects Fossil Fuel Divestment
A report details CalSTRS policy of engaging fossil fuel companies rather than dumping their stock, which it sees as a last resort and potentially harmful to the portfolio.
NYC and London Mayors Urge Global Cities to Divest from Fossil Fuels
Mayors Bill DeBlasio and Sadiq Khan implore that ‘time is running out’ on climate change; provide a toolkit for divestment.
Money from Fired CalPERS Equity Managers May End Up in Direct Lending
CalPERS has never invested in direct lending, but CIO Ben Meng sees the strategy as a way to diversity the portfolio away from reliance on equities.
Why Wall Street’s Ho-Hum Reaction to Iran? Déjà Vu
Stocks haven’t suffered much or taken long to recover in past conflicts.
Riskier Pension Investments Have UK Watchdog Group on Alert
Moves to counter low yields can expose plans to greater losses, less stability.
More Hedge Funds Close in 2019 than Opened
As stocks soared in 2019, the funds saw investor exoduses amid lackluster returns.
New WWE Football League Provokes Oklahoma Pension Lawsuit
Pension alleges the company’s chairman, Vince McMahon, diverted company resources to support a new, unrelated venture.
Meketa Shares Its Biggest Concerns for 2020
Slowing global economic growth, China’s economic rebalancing, and European uncertainty top the consultancy’s list.
SRI Investing, Islamic Finance: 2 Sides of Same Coin
‘Ethical bridge’ built on shared concern about society and environment.
Share Buybacks to Slide 15% in 2019 and 5% Next Year, Says Goldman
Earnings dip, high corporate debt, and gloomy CEOs are to blame, the firm believes.