A Washington Beating for Robinhood’s CEO
The GameStop congressional hearings expose fractures in the online brokerage’s business model: its trading halt, margin level, and fee policy.
News
Maybe Those 3 Delisted Chinese Stocks Will Be Reinstated After All
Kicked off the NYSE under Trump, the companies could get a second chance under Biden, a Schwab strategist says.
Denmark’s ATP Makes Forays into Social Bonds
The pension giant dipped its toe into the increasingly popular instruments with a €95 million investment in 2020.
So … Is Bitcoin Going to Replace the Dollar?
Not a chance, says Fed’s Bullard, invoking history to slam alternate currencies to a dominant greenback.
Pension Fund Assets in Largest Markets Rise 11% in 2020
A second straight year of double-digit growth boosted global pension asset values to $52.5 trillion.
Mortgage Securities Deserve a Bigger Place in Pension Portfolios, DoubleLine Says
They have lower volatility and often better returns than corporates, a study by the Gundlach firm concludes.
‘Forever’ Investor Buffett Ditches Stocks He Just Bought
Oracle’s Berkshire sells Barrick Gold and Pfizer, and expands Chevron stake despite his green leanings.
Private Equity Firms Expect Wave of M&As in Second Half of 2021
The increased pace of COVID-19 vaccinations and the specter of a capital gains hike are expected to spur activity.
Heads of GPB Capital, Related Firm Indicted in Alleged Private Equity Fraud
Three men tied to the company could face 20 years in prison for allegedly misrepresenting the source of funds used for distribution payments.
US Corporate Pension Funded Ratio Climbs to 89.8% in January
An increase in discount rates boosted the funded levels of the 100 largest corporate pension plans by $39 billion.
Wisconsin Investment Board Executive Director, CIO David Villa Dies at 66
Villa had been executive director since 2018 and CIO since 2006.
Veteran Series: Mansco Perry—A Curious Mind
One of most highly regarded investment chiefs in public pensions, Perry continues to keep a cool head during turbulent times.
Not So Junky: Speculative Bond Yields Near 4%
After dire predictions of disaster for high-yield paper, defaults never hit the painful levels forecast last spring.
Here’s the Case for Market Optimism, Built on a Virus Retreat
Commonwealth’s McMillan lays out the road back to normal. Hey, investors seem to agree.