McAfee Charged with Fraudulently Touting ICOs, Arrested for Tax Evasion
Creator of anti-virus software allegedly secretly received over $23 million for promoting initial coin offerings.
News
4 Scenarios on Stimulus Package, Post-Election
What different combinations of control on Capitol Hill and the White House would mean, by LPL’s reckoning.
New York State Pension Expands into Real Estate, Absolute Return
Commercial real estate in the Nordic region, suburban garden style apartments in the US are among the $565 million in bets the pension fund placed in August.
Pennsylvania SERS Loses 4.6% in First Half of 2020
Stress test finds capital preservation plan effective at providing security during market downturn.
Corporate Pension Asset Values Drop for First Time in Six Months
Discount rates rise for second straight month after hitting all-time low in July.
A Likely Electoral ‘Blue Sweep’ Will Steepen Yield Curve, Credit Suisse Says
With Democrats ruling the White House and Congress, bigger federal spending should spur yield-raising inflation, report contends.
Brown’s Endowment Is Killing It
Portfolio returns over 12% for fourth straight year. Dartmouth’s earns 7.6% in 2020.
SEC Charges Biotech Head with Using Pandemic to Defraud Investors
Arrayit's president said to lie about firm having COVID-19 blood test.
Don’t Sweat the Stimulus Delay, Morgan Stanley Sage Says
Trump’s axing relief package talks till after the election won’t harm the recovery, Mike Wilson argues.
PBGC to Allow Greater Flexibility for Variable-Rate Premium Filings
Agency said move was needed because CARES Act didn’t provide special rules for PBGC premiums.
Aiming to Boost Diversity, Canadian Institutions to Monitor Corporate Behavior
A group of funds holding roughly $2.3 trillion say they will make demands on companies whose stocks are in their portfolios.
Cambridge University to Divest from Fossil Fuels by 2030
University also vowed to reduce its greenhouse gas emission to zero by 2038.
CalSTRS Allocates $1 Billion to Direct Lending Firm Owl Rock Capital
The mandate includes opportunistic credit and diversified lending strategies.
CPPIB Continues to Bulk Up on Renewable Energy
Canadian pension giant invests twice as much in renewable energy in 2020 as it did in 2019.
Investment Firm Head Sentenced to More Than 7 Years in Prison for Pre-IPO Fraud
Fred Elm falsely told investors they could invest in Twitter, Alibaba, and Uber prior to their IPOs.