CIO Exclusive: NY-Presbyterian’s CIO to Leave in September
William ‘Bill’ Lee is stepping down after five years in the role.
News
Richard Nixon Is the Father of Cryptocurrency, Says BTIG
The 37th president planted the seeds that grew into Bitcoin and its ilk today, the investment house explains.
LPL Financial CIO Burt White to Retire in 2022
He will step down in March after 15 years with the firm.
The Inflation Threat Is Hooey, Even as Money Supply Climbs, Says Savant
Sure, the Fed has created more dollars, but that doesn’t mean they’ll lead to a price spiral, argues David Waddell.
Union Files Legal Challenge Over OMERS’ Early Retirement Policy
The Canadian Union of Public Employees is also calling for a review of the pension fund’s investment decisions.
Apollo Might Launch $500 Million SPAC Fund
The private equity firm reportedly will use the investment vehicle to buy stakes in IPOs and founders’ shares.
No Need for Taper Trepidation for the Stock Market
The situation now is less fraught than during the 2013 tantrum, argues UBS’s Mark Haefele.
Yale Chooses CIO from Within
Venture capital director Matthew S. T. Mendelsohn has been tapped to lead the $31.2 billion endowment.
Disney, Microsoft, and Twitter Are Among Stocks on Hedge Funds’ Loser List
So, you thought these big companies were unstoppable, eh? A Goldman survey of hedge operators begs to differ.
How Endowments and Foundations Can Energize Flagging Returns
A better assessment of risk and active management can turn things around, says a report from NACUBO and Nuveen.
Celeb-Backed Crypto Fund Not for New Yorkers … Yet
Residents of the world’s financial capital currently can’t invest in the newly launched Titan Crypto fund.
Sure, Delta Cut Goldman’s GDP Forecast, but It’s Not Too Bad
Compared with anemic economic growth in the past decade, things are still looking up.
Senators Reintroduce Bills to Bolster Retirement Savings
The four bipartisan bills are sponsored by Sens. Cory Booker and Todd Young.
New Mexico Pension Posts Highest Returns in 36 Years
The Educational Retirement Board’s portfolio gained 28.76%, or $3.6 billion for the year.
CIO EXCLUSIVE Ashbel “Ash” Williams, CIO of Florida SBA, to Retire in September
In addition to its chief investment officer retiring, 20% of the investment staff members at the fund could retire within the year.