News
Highest Dividend Payers Are Biggest Losers in S&P 500
Those stocks, such as Altria and Verizon, carry the top yields, but their flagging prices negate the sweet payouts, according to Bespoke.
BNY Mellon Wealth Management Promoting Sinead Colton-Grant to CIO in 2024
Leo Grohowski will retire at the end of the year after 16 years leading the firm’s investment strategy.
PBGC Grants $182.6M to Southwest Ohio Carpenters’ Pension
More Federal Spending Is a Boon to US, Says JPM
Casting aside budget hawks’ concerns and inflation upticks, the firm applauds the industrial policy under the Biden Administration.
CalSTRS Punishes Directors at More Than 2,000 Firms for Weak Climate Risk Disclosure
The $315.6 billion pension giant expects portfolio companies to disclose Scope 1 and 2 emissions, at a minimum.
Florida Fund Administrator Settles SEC Charges Over Missing ‘Red Flags’
Theorem Fund Services allegedly misappropriated and misused investors’ funds.
Much-Touted Reshoring Movement May Be Derailed, BofA Warns
Labor and mineral shortages, plus other problems, stand in the way, a bank study says.
Mass PRIM Reports 6% Gain in Fiscal 2023 to Raise Asset Value to $96.6 Billion
But the Massachusetts state pension fund missed its benchmark’s return by nearly 300 bps.
Strong Equities, Dip in Liabilities Boost Pensions
July sees fourth consecutive month of improved U.S. corporate pension funding.
Hard-Charging Tech Stocks May Slow for the Rest of 2023, Ned Davis Says
Technology leaders are off since mid-July, amid new investor wariness and concerns over their high valuations, the research firm contends.
Public Equities Drag Orange County Pension Investments 7.8% Lower in 2022
The portfolio’s market value dropped by more than $2 billion last year to $20.2 billion.
How SWIB’s New Actively Managed Portfolio Aims to Be ‘Different’
Wisconsin’s Select Equity fund, launched just four months ago, aims to use such techniques as long-short pairings.
UN Pension Fund Loses More Than $13B in 2022
However, the Joint Staff Pension Fund’s asset value had recouped more than half of those losses by July 20.
BlackRock Launches New Zealand Strategy for Institutional Investors
The firm aims to raise $1.2 billion to invest in the country’s climate infrastructure.
