Complex Products, Including Crypto, Highlighted in SEC Exam Priorities
Variable annuities, certain REITs and private holdings were other examples listed in the notice.
News
Charles Stewart Mott Foundation Names Nancy Orr as New CIO
Starting the transition on November 1, Orr has more than 20 years of experience in institutional investing.
So Interest Rates Won’t Rise Anymore, Eh? Not So Fast
Lombard’s Blitz makes the case for why the Fed will keep hiking, all the way up to 6.5%.
Industry Opposition Hardens Against SEC’s Proposal on AI, Conflicts
Though the comment period ended three days ago, panelists at a Security Traders Association conference offered continued criticisms of the controversial SEC proposal.
Interim Sharcus Steen Appointed Long-Term CIO of University System of Maryland Foundation
The new investment chief, who spent 15 months in the interim role, was recognized as a CIO NextGen honoree in 2021.
How To Vet a Provider’s Cybersecurity Processes
Speakers at CIO’s Cybersecurity livestream offered tips on assessing partners’ defenses that aim to keep hackers at bay.
San Diego County Pension Returns 9.6% in Fiscal 2023
SDCERA edges its benchmark by 20 basis points while raising its asset value to nearly $15.9 billion.
Congressman Calls for Proxy Firms to Register With SEC
Wisconsin’s Bryan Steil repeated the thesis of proposed legislation at an STA conference on Thursday: Proxy firms should register and disclose conflicts.
Academic Endowments Post Sluggish Returns for Fiscal 2023
Yale, Stanford, Bowdoin and Duke's funds trail previous showings amid a rough year.
MPI: Venture Capital, Technology Investments Will Define 2023 University Endowment Returns
As data are released about endowment returns in fiscal 2023, funds in the Ivy League and at Stanford are expected to have underperformed the markets, according to Markov Processes International.
Iowa PERS Announces 5.41% Return for Fiscal 2023, Exceeding Benchmark
The fund grew to $41.13 billion, a $1 billion increase over the last fiscal year.
AP3 Announces New CIO as Talent Scramble Heats Up
Swedish pension funds Alecta and AP3 have made several strategic hires following Alecta’s losses in the spring’s U.S. regional bank failures.
Investors Should Favor Japanese Stocks After Turnaround, Strategists Say
Their case: The once-sclerotic economy now offers good investment value and a new, shareholder-friendly spirit.
California Law Aims for More Equitable Distribution of VC Funding
SB 54 will take effect in March 2025 and will require annual diversity reporting, with a goal of increasing the capital available to venture capital firms owned by women and minorities.
Why Hamas Attack Might Not Slam Stocks Too Much
Expect higher oil prices, but these likely will not be crippling, strategists say.