Pennsylvania to Move $2.4 Billon in Equity Investments into Passive Investing
Treasurer says the change will save the state $5 million a year in fees.
Treasurer says the change will save the state $5 million a year in fees.
Economic development in emerging markets is predicted to be led by rising levels of education, infrastructure investment, and innovation.
88% of respondents believe the S&P Index will be higher in 2017 than last year.
Funds play a positive role in pre- and post-retirement, ITF says.
North America sees downturn of deals, while Europe posts highest aggregate total since 1Q 2016.
Kick off collaborative efforts towards impact by committing more than $17.1 million to a fixed-income bond fund.
State treasurer expects the move to save the state about $5 million a year in fees paid to managers.
A net 83% of investors believe US equities are overvalued, with allocations dropping to their lowest levels since January 2008.
Largest quarter-to-quarter increase since 2005, Census Bureau says.
Push is led by Korean institutions, many seeking a 20% minimum allocation to alts before 2020.