More Hedge Funds Close in 2019 than Opened
As stocks soared in 2019, the funds saw investor exoduses amid lackluster returns.
Asset Allocation
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.
University of British Columbia to Divest C$380 Million from Fossil Fuels
President declares climate emergency, but activists say it isn’t enough.
Almost $14 Billion Pulled From CalPERS Equity Managers
With almost all of its external active equity managers fired, CalPERS is moving billions into its own internally managed index strategies
It’s the 5th Trade Deal Announcement: What if This One Falls Apart, Too?
The latest breakthrough is laden with ‘ambiguity’ and ‘fragile,’ says the Center for Strategic and International Studies’ China expert.
University of Virginia Returns 5.8% in 2019, Misses Benchmark
But endowment’s $9.6 billion portfolio outperforms over five, 10, and 20 years.
S&P Aggregate Pension Funded Status Rose in November
Level rises to 85.8% for corporate plan funding, Aon says.
Danish Pension, Insurance Assets Grow to $712 Billion
Asset value of sector is more than twice the country’s GDP.
Look Out, Volatility May Be Making a Comeback
Why? The era of low VIX readings has lasted longer than normal, and there’s the unending trade war.
One-Fifth of CalPERS Equity Portfolio Faces Climate Change Risk
In inaugural report mandated by state, pension details four sectors in which climate change could affect its portfolio.
CalPERS CIO: No Divestment of Fossil Fuel Companies
Addressing climate change advocates directly, Ben Meng says divestment is not the fiscally sound path.
Pennsylvania SERS Returns 0.32% in Q3, 12.39% Year-to-Date
Board addresses transparency concerns, and hires firm to find new CIO.