Twitter Is Buzzing About This CalSTRS Stock Move
The pension fund increased its shares of AMC stock by 24% in Q3.
News
Massachusetts PRIM Proposes $1 Billion Investment to Boost Diversity in Managers
The pension fund’s board will vote Dec. 2 on whether to approve the recommendation from its investment committee.
Exclusive: What Does the Omicron Variant Mean for Investors? Nick Moakes, CIO of Wellcome Trust, Shares His Thoughts
The health research fund successfully shielded its investments from the downturn in March 2020 by preparing for the pandemic in January.
SEC Whistleblower Program Has Record Year in Fiscal 2021
The regulator gave $564 million to 108 tipsters, while distributing $521 million to harmed investors.
Institutional Investors Are Flying Blind When It Comes to ESG Data
Standardized metrics and reporting are needed for environmental, social, and governance investing to reach a tipping point, a report says.
SEC Adopts New Contested Election Rules
The amendments will provide proxy voters the same options as shareholders voting in person.
Why Is Africa’s Largest Pension Pulling Out of Africa’s Largest Asset Management Firm?
Allegations of poor management and corruption are the root of the problem.
Adviser Gets 5 Years in Prison for Embezzlement, Murder Threat
Gregg Brie threatened to kill a disabled client when he asked for his money.
Huge Turnaround Swings PBGC Multiemployer Program into the Black
For the first time in two decades, both the multiemployer and single-employer programs have positive net financial positions.
How Well Is VC Doing This Year? Very, Very Well
With large valuations for its companies, venture firms are raising a record amount in 2021.
Priority Gaps Between Management and Investors Are Shrinking, EY Says
The two groups seem to agree that prioritizing talent management is key to success.
Exclusive: ‘Bull Market Is Going to Go for Another Few Years.’—Florida SBA Senior Investment Officer Talks Strategy.
He also said the pension fund is open to the possibility of investing directly in crypto.
Retirement Plans Are Key for Business Efficiency
A good pension plan can give companies a competitive edge in a tight labor market, according to a recent report.
US Oil Reserve Releases Are a Big Nothing, Market Says
Biden moves to take out 50 million barrels from storage, but petro price blips up.
Fading Inflation? Here Comes a Wage-Price Spiral, BCA Says
Worker pay will accelerate and move beyond the low-end of the comp ladder, the firm’s Berezin warns.