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.
News
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.
Carlos Rangel Tapped as CIO of W.K. Kellogg Foundation
He replaces Joel Wittenberg, who has retired after 11 years with the organization.
Ray Dalio Warns Janet Yellen About Perils of a Weaker Dollar
The hedge fund chief cautions the new Treasury secretary against complacency over the greenback’s continued role as the world’s reserve currency.
Institutional Investors Demand Political Transparency from BlackRock
State treasurers and public pension funds say they fear an erosion of political stability after the attack on US Capitol.
Jeremy Grantham Thinks the Bubble Will Burst … But He Has Some Stock Picks
The noted bearish savant isn’t optimistic in general, but still has some ideas he says will see investors through.
General Motors Aims to Be Carbon Neutral by 2040
The pledge comes days after John Kerry and Larry Fink called on the private sector to fight climate change.
News From Davos: New Market Needed for Carbon Removal, Says Top Microsoft Exec
The business of reducing carbon will enjoy the ‘full weight of capitalism,’ Brad Smith argues.
Canadian Pensions, Pooled Funds End 2020 on High Note
Robust equities spurred a market rebound that provided a strong fourth quarter for retirement plans.
How GameStop’s Robinhood Boosters Are Clobbering Hedge Funds
A ‘flash mob with money,’ their enthusiasm for the ailing retailer’s stock has lost short sellers a reported $23.6 billion.
New York City Mulls Lowering Investment Return Targets to 6.8%
A reduction would help the pension system better match projected investment returns.
News From Davos: US Vows to Throw Weight Behind Climate Change Fight
Special envoy John Kerry said ‘we wasted four years’ under the Trump administration.
What Are the Next Five Meme Stocks After GameStop?
Retail investors in popular subreddit r/wallstreetbets have proven they can drive up stocks for GameStop. Now, they’re on the hunt for other social media favorites.