CalPERS Holds Second-Round Interviews for New CIO
The pension giant has been without a chief investment officer since August 2020.
News
UK Regulator Anoints Clara-Pensions as First DB Superfund
The consolidation of pension funds is intended to provide a more efficient alternative to bulk annuities.
Special Report: Green Jobs Have a Nice Future … But Fossil Fuel Work Will Persist
While oil and gas workforces are projected to shrink, they aren’t expected to vanish for some time.
Why the Market Now Likes Rate Hikes: They Don’t Hurt Stocks
History shows anything short of Volcker-style shock tactics is a plus for equity prices, CFRA says.
Record Returns Not Enough to Ensure Public Pension Stability
Exceeding 6% returns over the next decade will likely require excess risk or consistently performing well above average.
How to Navigate the New Pandemic Business Cycle
CIO Sean Bill says, 'It's going to get a lot trickier.'
Where to Go If Large Tech Is Wilting? Big Defensive Stocks
That’s the advice of Morgan Stanley’s Mike Wilson. Here’s why.
Apple Is Almost Half of Onetime Tech-Phobe Buffett’s Portfolio
The Berkshire chief admiringly calls the iPhone firm his ‘third business.’
Penn SERS Changes Its Travel Rules to Prevent Excessive Spending by Staff
Ambiguities in travel policies have caused issues at other Pennsylvania funds.
Hey, Fed: Here’s More Evidence Inflation Is Going Nuts
The latest wholesale price report marks a record increase, as central bank policymakers gather to ponder next steps.
Britt Harris and UTIMCO’s Next CIO Rich Hall Discuss Plans for the Endowment’s New Era
The CEO and CIO are planning for a secular change ahead.
Inflation, the Public’s Main Bogeyman, Is Peaking, Says Wall Street Savant
Commodities are starting to drop in price and new supply will ease housing costs, argues economist David Rosenberg.
Real Estate PE Firm Founder Sentenced to 5 Years for Fraud
Eric Malley pleaded guilty to scamming over 300 investors out of approximately $58 million.
6.8% Inflation Is Highest in 39 Years—What Does It Mean for Investors?
One CIO says this is an ‘inflection point.’