Will Microsoft Overtake Apple in Market Cap Sweepstakes?
The iPhone maker faces hurdles, while its rival appears to have a smoother path.
News
Proxy Voters, ESG Groups Continue to Face Congressional Scrutiny
Advisory service providers and a decarbonization nonprofit were served with subpoenas by the House Judiciary Committee.
Investment Chiefs Remember Byron Wien, Legendary Wall Street Seer
Famous for his predictions, the celebrated investing strategist died at 90.
European Regulator to Revise Pillar 1 to Include ESG Risk
Investment firms are being told to accelerate their integration of environmental and social risk into capital requirements.
Illinois SURS CIO Doug Wesley to Retire
A replacement is expected to be named in November to allow for a transition period before Wesley’s departure in March 2024.
Words of Wisdom
The Class of 2023 Knowledge Brokers draw on their collective decades of experience and offer actionable advice for success (investment and otherwise) in tumultuous times.
Will Market Volatility Continue in 2024 and Beyond?
Class of 2023 Knowledge Brokers anticipate what successful investing in turbulent times will look like.
Tepid Turnaround Seen for Alts, Once Investors’ Darlings
AUM growth decelerates and fundraising softens, Preqin reports.
Pennsylvania PSERS Reports Preliminary 3.54% Return for 2023
The $72.8 billion pension fund also launched a new strategic plan and hired an external derivatives manager.
Schroders Capital Launches $30B Credit and Debt Business as Asset Owners Flock to Alts
The new unit will deal in real asset debt, structured and corporate credit, specialty finance and impact lending.
At Fidelity, AI Provides Extra Eyes to Spot Red Flags
The artificial intelligence application Saifr uses natural language processing to help portfolio managers, sales and other staff review public-facing communication.
Q3 Another Stinker for M&A, but It May Set Table for Sizable Rebound
Lower valuations and lots of unspent cash are the ingredients for an eventual upturn, says PitchBook.
Canada Pension Plan Increases Green, Transition Investments by 20% to C$79B
The pension fund also said its internal operations have reached carbon neutrality for scope 1, 2 and 3 emissions.
Why a Slowdown Might Not Be Too Bad, CIOs Say
At a Franklin Templeton webinar, finance chiefs describe corporate America’s strengths.
Proposed Amendment to Texas Constitution Would Create Endowments for Smaller Schools
Universities other than the state’s two flagship institutions would benefit from the proposition.