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.
News
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.
This Month’s Hedge Fund Performance Shows Significant Improvement From Q3
Smaller funds also seem to be outperforming larger funds in the long run.
Digital Token Registrations Shut Down by SEC
American CryptoFed allegedly filed misleading forms while trying to register Ducat and Locke as securities.
Ohio Pension Sues Facebook Over Whistleblower Scandal
The lawsuit alleges misleading statements ‘erased more than $100 billion in shareholder value.'
What Stocks Will Be the Big Winners Up Ahead? Why, Tech
LPL sketches out the case for continued market leadership from the technology folks.
How Is Europe’s Sustainable Finance Disclosure Regulation Working Out?
The rules require firms with 500 or more employees to disclose multiple ESG metrics.
CIO, Executive Director Resign From Embattled Pennsylvania PSERS
Jim Grossman will stay on until May, while Glen Grell will leave at the end of February.