SEC Settles With Eight Firms Over Inadequate Cybersecurity Measures
The regulator alleges a lack of safeguards exposed the personal information of thousands of clients.
News
Why Is OCERS Looking at Dumping Ray Dalio’s Prized Hedge Fund?
The California county pension program says his Bridgewater Pure Alpha has been dogging it since 2015.
University of California Reports Biggest One-Year Gain in History
The portfolios returned 28.9%, or $38 billion, in 2021 to raise their total asset value to $168 billion.
Job Posts Suggest Franklin Templeton Is Ramping Up Crypto Investing
The asset manager, which has over $1.55 trillion in AUM, is looking to hire a cryptocurrency trader and cryptocurrency analyst.
4 Scenarios for the Fed’s Tapering: From Benign to Horrible
What should the pace of reductions be? The slower, the better, says research sage Jim Woods.
No Plan Safe From ERISA Lawsuits, Chamber of Commerce Warns
The lobbying group also says a surge in litigation could have ‘significant negative consequences for plan participants.’
Investors Paid Lowest Fund Fees Ever in 2020, Study Finds
Morningstar research also says fees are ‘a reliable predictor of future returns.’
How to Make Money Investing in China, Crackdown Be Damned
The Beijing regime’s actions actually offer opportunities, argues EM ace Mark Mobius.
S&P Finds Little Evidence ‘Greenwashing’ Is Widespread
The firm says increased scrutiny of sustainable bonds is forcing issuers to substantiate ESG claims.
Chicago Teachers’ Names Interim Chief Investment Officer
The fund promotes from within, appointing Andrew K. Kelsen, the head of alternative investments, to the role.
Why Corporate Execs Have the Supply Chain Blues
Worries over logistical bottlenecks preoccupy management on earnings calls, a BofA study shows.
Idaho Retirement System CIO Bob Maynard to Retire in 2022
The investment chief has overseen a nearly 12-fold increase in the pension fund’s asset value since 1992.
SEC Charges Could Open Pearson to Securities Lawsuits
With the cease-and-desist order, attorneys might take aim at the publisher over alleged misleading statements.
How Nashville and Davidson County Pension System Got 115% Funded
CIO Fadi BouSamra expects to add two more venture capital funds by the end of the year.
Record Returns Spur NY to Cut Assumed Return Rate to Below 6%
Employer contributions are also being reduced, while COLAs will be increased.