Penn SERS Changes Its Travel Rules to Prevent Excessive Spending by Staff
Ambiguities in travel policies have caused issues at other Pennsylvania funds.
News
Hey, Fed: Here’s More Evidence Inflation Is Going Nuts
The latest wholesale price report marks a record increase, as central bank policymakers gather to ponder next steps.
Britt Harris and UTIMCO’s Next CIO Rich Hall Discuss Plans for the Endowment’s New Era
The CEO and CIO are planning for a secular change ahead.
Inflation, the Public’s Main Bogeyman, Is Peaking, Says Wall Street Savant
Commodities are starting to drop in price and new supply will ease housing costs, argues economist David Rosenberg.
Real Estate PE Firm Founder Sentenced to 5 Years for Fraud
Eric Malley pleaded guilty to scamming over 300 investors out of approximately $58 million.
6.8% Inflation Is Highest in 39 Years—What Does It Mean for Investors?
One CIO says this is an ‘inflection point.’
How Low Can You Go? Strategists Compete for Lowest 2022 GDP Growth
At the head of the pessimistic pack is Natixis’ Lavorgna, with a scant 2% projection.
Detroit Pension No Longer Suing Dan Gilbert
The fund had accused the businessman of insider trading.
Breaking News: Penn SERS Names Joseph Torta Executive Director
The top two positions at the $39 billion pension fund have turned over in less than half a year.
Yay, Jobless Claims Take Big Dip, but the Market Is Unimpressed
S&P 500 drops amid concerns over the new variant, overshadowing the biggest unemployment filings drop since 1969.
Lincoln Financial Promotes Jayson Bronchetti to CIO
Chris Neczypor has also been named to the newly created position of chief strategy officer.
CalPERS Seeks Private Equity Investment Director
The pension giant is looking for candidates to oversee its co-investment program.
Ontario Pension Fund Pledges Net-Zero Emissions by 2050
The $89 billion OMERS will follow the advice of the Task Force on Climate-related Financial Disclosures.
Cryptocurrency Trader ‘Coin Signals’ Pleads Guilty to Commodities Fraud
Jeremy Spence, whose trades consistently tanked, lured investors with tales of 148% returns.
REST Could Be First Australian Pension Fund to Invest in Crypto
CIO Andrew Lill said digital assets are a ‘very interesting and important part of our portfolio going into the future.’