Ride-Hailing Apps Drove Him to Crime, Says SEC
A taxi medallion investor hurt by the success of Uber and Lyft allegedly committed fraud to boost his stock.
News
New Hampshire Retirement System Director of Investments Announces Retirement
Larry Johansen has served at the fund in the role for over 12 years.
What Public Pensions Can Learn From Puerto Rico’s Bankruptcy Crisis
Puerto Rico ERS’ collapse could have been avoided, an industry expert says.
You Thought 2021 Was a Big VC Year? Ha!
A huge number of venture capital-backed companies are poised to go public in 2022, says PitchBook.
New York Demands Political Disclosure From Twitter, Six Other Companies
Comptroller Thomas DiNapoli has filed seven shareholder proposals to force firms to reveal political spending.
Iowa State Employees’ Pension Names New CIO
Sriram Lakshminarayanan replaces Karl Koch as the head of Iowa PERS’ $43.3 billion portfolio.
Uh-Oh, Consumers’ Confidence Fades, So Their Spending Should, Too, Economist Says
Natixis’ Lavorgna says people’s current high outlays can’t stay that way for long.
Former CEO Gets Over 11 Years for ‘Massive’ Market Manipulation
AJ Discala was convicted of orchestrating pump and dump schemes through two reverse mergers.
Junk Bonds Will Return as Much as Stocks in 2022, Says Northern Trust
Outpaced last year, high yield is in solid shape at a time when stocks may come back to earth, the firm argues.
Savant Bob Doll’s 10 Predictions for 2022
The Crossmark CIO sees a more challenging year ahead, and reviews his hits and misses from 2021.
US Corporate Pensions’ Funded Status Surges in 2021
Increasing funding levels are expected to spur another big year for pension risk transfers.
Virus Caseload Surges, but So Does the Stock Market
Despite the US seeing a record 1 million cases Monday, the S&P 500 keeps powering upward.
Swedish Pension Responds to Accusation of Taking Blacklist Too Far
AP7 was accused of committing a ‘security scandal’ by linking Wärtsilä to nuclear weapons production.
Byron Wien: Gold Price Will Hit Record This Year
The Wall Street sage issues a prediction for the metal among his 10 expected ‘surprises’ for 2022.
UK State Pension Struggling to Manage Inflation
The government’s decision to not increase pension payments in step with inflation in 2022 has angered many.