Today’s Wild Market Volatility Is Bad Signal for Future
Monday’s brief turnaround only shows that turbulence will keep doing harm, says Bespoke.
News
What’s Next? A Correction, Not a Bear Market, Says Stovall
History suggests that we’re only in for a correction—that is, a 10% drop, according to the CFRA sage.
Danish, Canadian Pensions Pump More Money Into Renewables
ATP is investing in what will be the EU’s largest geothermal plant, as CDPQ raises its stake in Énergir owner Trencap.
Jeremy Grantham: How to Live in an About-to-Burst ‘Super Bubble’
The noted seer has some refuge investment ideas. Hint: not US stocks.
British Pension to Shift $6.7 Billion Away from Polluters
USS is the largest private pension fund in the UK.
SEC Charges Adviser With Fraudulently Operating Private Fund
Anthony Cottone allegedly raised nearly $3 million using false and misleading representations, and misappropriated funds.
Broken Homes: Trouble Stirs in Booming Housing Sector
Affordability questions and rising rates chill once-hot builder stocks.
PSERS Delays Turning Over Investigation Results
Board members were warned that the results of the report could be damaging to their reputations, according to the Philadelphia Inquirer.
PBGC Bails Out Struggling NY Pension With $112.6 Million in Aid
The Local 138 Pension Plan becomes the first multiemployer plan to receive funds under the American Rescue Plan Act.
Stocks Rise for a Change: Is It Real?
The turnaround from January’s downdraft comes in spite of rising interest rates, a powerful depressant.
CalPERS Board President Henry Jones Resigns, Theresa Taylor Elected as New President
The new board president is ‘really big on ESG,’ according to an ex-board member.
North Dakota State Investment Board Names Scott Anderson CIO
He replaces David Hunter, who left the retirement system to join a private investment firm.
What If Earnings Season Turns Out to Be a Bust?
Ned Davis thinks profit growth will come in way south of what the market expects.
CalPERS’ Project to Measure ESG in Private Equity Has 100 Organizations, $8 Trillion Participating
Environmental, social, and governance investing is notoriously difficult to measure in a private equity context.
ESG Activist Larry Fink Takes Heat From Right and Left
The BlackRock CEO is either too radical or too namby-pamby, critics say.