New York Common Returns 4.74% in Q3
This quarter’s returns were significantly better than the last one’s.
News
Spreads Are Narrowing: Could We Get (Gulp) an Inverted Yield Curve?
With short rates climbing faster than long ones, this recession harbinger isn’t out of the question.
SEC Proposes Reporting Changes for Private Equity, Hedge Fund Advisers
The regulator says the amendments would improve systemic risk assessment and bolster oversight.
Rhode Island Pension Fund Hits Record but Misses Benchmark in 2021
Its investment portfolio value nears $10.8 billion after a 17.27% annualized return net of fees as the fund boosts its private equity allocation.
UK’s Biggest Pension Fund Facing Lawsuit, Potential Strikes Over Benefit Cuts
The plan is increasing contributions while cutting benefits despite significant investment returns last year.
10-Year Treasury Yield Moves Higher
The benchmark nears 2% amid coming Fed hikes and surging inflation.
Real Estate, Equities Drive 14.5% Return for Norway’s Pension Fund in 2021
The fund giant’s portfolio has returned more than $488 billion in the past three years alone to boost its total asset value to $1.38 trillion.
AstraZeneca to End Its US Corporate Pension Plan
Terminating the $1.3 billion plan is significant because the pharmaceutical industry is one of the few strongholds for DB plans, according to a Willis Towers Watson report.
Stop Buying on the Dips, Says Evercore—It’s Not Safe
The market has more to fall, so investing now makes no sense, according to the firm’s technical analyst, Rich Ross.
Why Sometimes Ya Just Can’t Trust Payroll Estimates
Economist Gary Shilling shows how Wall Street projections and the actual official report can be way off.
Thailand’s Pension Considering Investing in China and India
Pension staff see developing countries as a good hedge in pandemic times.
Notre Dame, USC Endowments Return 53.2%, 43.2% for 2021
Robust returns raise the asset values for Notre Dame and USC’s endowments to $20.3 billion and $8 billion, respectively.
Why the 2022 Market Might Be Low-Growth
Economist Hugh Johnson and Goldman’s David Kostin sketch out a muted year in the mid-single digits.
Portent? Facebook Parent’s Stock Takes a Beating After Earnings Miss
Other Big Five members also dip, axing their reversal from the January descent.
City of San Diego Will Retroactively Replace Thousands of Employees’ DC Plans With Pensions
The payments will mark an end to a nine-year legal battle.