Liquidity Woes Have Abated, But Don’t Get Too Comfy, JPM Says
After the March freak-out, when even selling a Treasury was tough, a shaky equilibrium prevails.
News
Endowments Should Abandon Alts for Passive Investments, Report Says
Research shows that alternatives have become ‘serious drag’ on institutional fund performance.
Canada’s PSP Investments Loses 0.6% for Fiscal Year 2020
Despite loss, pension investment manager easily tops benchmark’s 2.2% decline.
Economic Pain May Last for Years, Shiller Warns
Psychological effect of persistent virus could make businesses and consumers overly cautious, hurting GDP, the economist says.
Support Grows for US Creating a Sovereign Wealth Fund
Ray Dalio, Joseph Stiglitz say such a move could help close the wealth inequality gap.
Private Equity Investments Withstand COVID-19 Slowdown
Survey finds pandemic has had little effect on capital structure of private equity funds.
Tail Risk Hedges Are Vital for Investors Now, Argues Black Swan Theory Guy
Things are so unpredictable that buffering yourself against unknown surprises only makes sense, says Nassim Nicholas Taleb.
Elliott Pushes for Performance Boost at Crown Castle
Activist investor Paul Singer’s firm is unhappy with shareholder returns from the telecom company’s pivot to fiber infrastructure.
Montana Pensions Face Risk of Fiscal Distress in Recession
Funded levels could tumble if pensions don’t meet 7.6% investment return target, Pew says.
Less Tax-Efficient Funds Cost UK DB Plans £250 Million Yearly, Study Finds
Researchers say pensions must invest in tax-transparent funds, insurance policies to be eligible for tax advantages.
Group of Pension Funds Worth $1 Trillion Creates Sustainable Investing Platform
The subscriber-based online tool reviews 8,000 companies against United Nation’s sustainability criteria.
US, Canadian Pension Funds Rebound with Markets in Q2
Resurgent equities erase nearly 40% of US corporate pension funded status loss during first quarter.
Australian Pension Fund Commits to Becoming Net Zero by 2050
HESTA also pledges to reduce portfolio’s carbon emissions by one-third within 10 years.
Japanese Pension Fund Loses $77 Billion in Fiscal 2019
The world’s largest retirement system is the lowest it’s been valued in roughly three years.
Former Bridgewater Co-Chief Eileen Murray Appointed to FINRA, HSBC Positions
One of the most notable female leaders in finance has accepted two new leadership positions after her exit from Bridgewater.