Virus Caseload Surges, but So Does the Stock Market
Despite the US seeing a record 1 million cases Monday, the S&P 500 keeps powering upward.
News
Swedish Pension Responds to Accusation of Taking Blacklist Too Far
AP7 was accused of committing a ‘security scandal’ by linking Wärtsilä to nuclear weapons production.
Byron Wien: Gold Price Will Hit Record This Year
The Wall Street sage issues a prediction for the metal among his 10 expected ‘surprises’ for 2022.
UK State Pension Struggling to Manage Inflation
The government’s decision to not increase pension payments in step with inflation in 2022 has angered many.
NY Pension Shifts Global Equity Assets to Alts
The New York State Common Retirement Fund has also committed $2 billion to a climate transition index.
Calendar Effect: What January May Tell Us About the 2022 Market
New CFRA data confirms that if this month goes well, the rest of the year usually does, too.
$150 Billion Danish Pension Fund Decides to Increase Risk
The fund is the largest of its kind in Denmark.
‘Smart Money’ Flows Into Options Markets, Not Equities
Research finds options markets anticipate Supreme Court decisions better than stock markets do.
Virginia’s Ronald Schmitz Goes Out on a High Note
The retiring Virginia Retirement System CIO helped more than double the fund’s portfolio value in a decade.
Providence, Firefighters Union Reach Pension Contribution Deal
Plan participants will contribute up to 16% of their salary under a five-year agreement with city.
Mass PRIM Surpasses $100 Billion in Assets
The milestone was reached after the pension reported the highest annual returns in its 35-year history.
Ontario Pension Fund Pledges Net-Zero Emissions by 2050
The $89 billion OMERS will follow the advice of the Task Force on Climate-related Financial Disclosures.
Will Jolly Old Saint Nick Visit the Stock Market This Holiday Season?
Statistically, there’s usually a Santa Claus rally right after Christmas, and it’s a good one, says LPL’s Detrick.
Insurance Firms Seek Out Sustainable Investments for Higher Yields
A report finds climate change and a low-return environment are spurring ESG investing among insurers.