Op-Ed: The Foundation of a Balanced Portfolio May Be Shifting — Here’s What to Look For
Noah Weisberger, with PGIM, lays out three scenarios for how Fed and fiscal policy could change the way bonds act to hedge equity risk.
News
AustralianSuper Jumps Record 20.4% for 2021 Fiscal Year
The allocator will maintain a pro-growth stance with listed shares and private equity in its portfolio.
Japan’s $1.7 Trillion Pension Giant Breaks Record, Returns 25% in 2020
Red hot equities help the world’s largest pension fund rake in $339 billion in investment gains.
GIC Invests $1 Billion into Grifols’ Plasma Business
The funding buys the Singapore sovereign wealth fund a minority stake in the health care firm.
Which Companies Have the Most Open Records for ESG Reporting?
A Booth School study has some surprises in its survey of S&P 500 sustainability disclosures.
Canadian Universities Launch Jointly Sponsored Pension Plan
The University Pension Plan unites 35,000 members and five pensions into one plan with assets of C$10.5 billion.
Welcome Big Tech Back to the Head of the Class
Amazon, Microsoft, and the gang are posting better returns and will keep on rising, says Barclays.
British Steel Pension Adviser Barred for 13 Years
Darren Reynolds advised nearly 300 clients to transfer out of their pensions and into high-risk investments.
Calm Corporate Bond Market Shows Everything Is OK, Says LPL
Tight spreads to Treasurys plus low yields show investors aren’t worried about the economy, strategist Gillum finds.
BMO, Kestra, Putnam, Breckinridge Tap New CIOS
The new hires add to a recent flurry of investment chiefs joining or leaving institutional investors.
Australia’s Hostplus, Statewide Super to Explore Potential Merger
If approved by trustees, the resulting allocator would manage more than A$77 billion in retirement assets.
GAO Says US Gov’t Retirement Plan Vulnerable to Climate Risk
Its report recommends the Thrift Savings Plan be evaluated for its exposure to climate change risks.
CPPIB, Alberta Plan Invest Nearly $2 Billion in BAI Communications
The Canadian allocators are deepening commitments into the firm just as it’s expanding its 5G rollout capabilities in the US and UK.
Transamerica Settles 401(k) Lawsuit for $5.4 Million
The complaint alleged the insurance giant saddled its plan portfolio with proprietary duds.
Good News for Company Plans: Need for More Contributions Is Dwindling
Corporate tax reductions and strong investment returns have put pension plans in a good place, a NISA study finds.