General Motors Throws Down in Super Bowl Ad on Electric Vehicles
The company will release 30 new electric vehicles by 2025, though the initial models will not be cheap.
News
Insurers Have Been Draining Funds from New Jersey’s Pensions for 15 Years
Report calls 2006 policy that shifted financial obligations for employee injuries to pensions ‘a windfall to insurers.’
Three Charged by SEC with Defrauding Hundreds of Digital Asset Investors
John DeMarr allegedly staged his own disappearance in Montenegro to avoid disgruntled investors.
Follow-Up: The Dollar Is Headed Higher, But for How Long?
Long-term forces are not the greenback’s friend, a new study finds.
A Record Number of New Retail Investors Signed Up in 2020
They’re younger, more diverse, and they go to their friends and family for investment advice, a new report confirms.
North Carolina Lowers Assumed Rate of Return for State Pensions to 6.5%
Investment rate cut is the third made by the state in the past four years.
Public Pensions Increasingly Rely on Investment Earnings
NCPERS study finds public retirement systems derive 71% of revenue from investment returns.
Rhode Island Pension Fund Beats Benchmark with 11.9% Return in 2020
Portfolio gains roughly $876 million in last two months of year to raise asset value to a record $9.5 billion.
Why Joe Biden’s First Year Might Fall Short in Stock Market Terms
Historically, a new president’s initial year is not a barn burner, LPL stats show.
Op-Ed: Investors Have More to Do If They Really Want to Help Address Systemic Racism
Capital allocators must understand the importance of supporting positive change that benefits their stakeholders and society at large, sustainable investing experts argue.
Harvard Management Company Completes Restructuring Plan a Year Early
Narv Narvekar says the firm is benefiting from embracing a generalist approach over a ‘silo’ strategy.
Trader Charged in Alleged Cryptocurrency Scam
Jeremy Spence, aka ‘Coin Signals,’ allegedly claimed to have made a 148% return in one month when he actually lost money.
Rens Götz Leaves ABB, Follows Ex-Boss Elisabeth Bourqui to Her New Asset Management Firm
The one-time ABB pension asset allocator, after her short and bumpy interlude at CalPERS, co-founded BERG and now has hired him.
New Jersey Pension Fund Misses Benchmark with 10.75% Return in 2020
Portfolio returns 14.81% in first half of fiscal 2021 as asset value rises to $84.6 billion.
Why the GameStop Explosion Won’t Destroy the Stock Rally
Veteran stock seer Jack Ablin sketches out how come last week’s disruption lacks the oomph to derail the market.