Why Stocks Might Rise 10% in 2024, per CFRA’s Stovall
When the S&P 500 advances more than 20%, as it did in 2023, history says it will climb an average 10% in the next year, an investment sage finds.
News
SECURE 2.0 Cash Balance Reforms Codified by IRS
The changes should make it easier for defined benefit plans to pass IRS backloading tests.
Saudi Arabia’s Public Investment Fund Was Biggest Spender Among Peers in 2023
This sovereign wealth fund invested $31.6 billion last year, the highest of all SWFs, according to Global SWFs annual report.
What Will Challenge Investment Returns in 2024?
There are factors to watch that could derail or boost the markets this year.
KPPA Releases Fiscal Year 2023 Annual Report
The Kentucky Public Pensions Authority saw assets increased to $24.9 billion in the period ending June 30, 2023.
Norway’s KLP Pension Announces Divestments From Gulf Countries Over Human Rights
The exclusion was the fund's eighth such announcement this year.
Expectations Wobble for Another Decade of Strong Equities
It’s a ‘particularly perilous’ time to forecast ongoing stock outperformance, says a new report from AQR.
Will AI Compromise Security for Institutional Investors?
Integrating artificial intelligence is all the rage, but organizations must consider what vulnerabilities it might expose and how they can plug them.
Missouri LAGERS Begins Search for New CIO
CIO Brian Collet, who has led the system to 8.5% annualized returns over the last 15 years, will depart at the end of January.
The New York State Common Retirement Fund To Host Emerging Manager Conference
The 17th Annual Emerging Manager & MWBE Conference to be held in Albany.
Research Report: Pension Bailouts Lead to Risky Behavior
According to the paper, the American Rescue Plan Act is a near-term plug but does not fix long-term insolvency problems.
Despite Concern From Lawmakers, US Pensions and Endowments Pour Into China
According to a report from Future Union, US-based pension funds and university endowments have allocated billions to Chinese investments.
SEC Stock Buyback Disclosure Rule Vacated by Appeals Court
The rule would have required much more information on buybacks to be disclosed to investors.
AP3, Wafra Introduce Private Equity Investment Platform
Covalent will initially be capitalized with $1.05 billion to focus on investments in North America and Europe.