Longtime URS Chief Investment Officer Retires; Replacement Named
As Bruce Cundick leaves the Utah plan, new CIO John Skjervem joins from Alan Biller and Associates.
News
What Stocks Boast the Strongest Pricing Power to Withstand Inflation?
UBS touts a list of what it thinks are the best companies able to keep demand cranking even as they charge more.
Buy Pummeled Facebook Stock on the Dip, JPM Says
Despite wretched publicity and talk of a regulatory crackdown, the company is resilient, an analyst argues.
Trader Is Accused of Speculative Trading That Bankrupted His Employer
Keith Wakefield allegedly lost $30 million from unauthorized risky bond trades, which forced IFS Securities to go out of business.
Get Ready for a Biotech M&A Comeback
RBC Capital, heartened by some billion-dollar-plus deals, sees a new buyout hunger in Big Pharma.
Vocal Critic Margaret Brown Is Knocked Off CalPERS Board
Things should be more peaceful once the 'watchdog' leaves, this coming January, but whether CalPERS will be better or worse remains to be seen.
SEC Wants Funds to Reveal More Proxy Voting Information
The regulator proposes disclosure rule changes regarding ‘say-on-pay’ votes and securities lending.
CIO Announces Innovation Award Finalists for Dec. 7 Celebration
It’s time to celebrate those who have survived, flourished, and led the way.
CPPIB Loses International Head, Acquires US Marine Terminal
Alain Carrier leaves the Canadian pension giant after 14 years to lead private equity firm Bregal Investments.
Austin Pension Fund Seeks New CIO
The $3.4 billion City of Austin Employees’ Retirement System has launched a search to replace David Veal.
Why Are Bond Yields Climbing? Not Because of Inflation
The more likely impetus is the end of the Fed’s bond-buying spree, says Natixis’ Lavorgna.
Virus Will Become ‘Manageable,’ Vaccine Chief Says
The co-founder of BioNTech believes COVID-19 will stick around, but not be such a threat.
Uber to Begin Rolling Out Pensions to 70,000 UK Drivers
The ride-sharing firm’s plan will be provided by NOW: Pensions and managed by Adecco.
Ken Griffin Takes Fire Again Over Robinhood–GameStop Imbroglio
Social media explodes as a lawsuit charges he colluded with the brokerage to thwart meme investors.
Boston University Joins Harvard in Divesting From Fossil Fuels
The $3 billion endowment, which eliminated coal and tar sand investments in 2016, will phase out crude oil and natural gas immediately.