No Vaccine? Then Look for 18 Months of Shutdowns
Fed’s Kashkari warns of new flare-ups that could push economy back into an induced coma.
News
Most Institutional Investors Are Sticking to Their Private Market Allocations During the Pandemic
A survey by Eaton Partners concludes many institutional investors are keeping their allocations to private assets the same or increasing them.
New Mexico Businesses Can Apply for Relief from New $100 Million Fund
The relief, managed by private equity firm Sun Mountain Capital, comes from the state’s $5.3 billion severance tax permanent fund.
Op-Ed: Evolving Approaches to Governance and Voting in a Time of Crisis
Georgina Marshall, global head of research at Institutional Shareholder Services (ISS), explains how investors can approach their portfolio companies in the pandemic environment.
Athene Fined $45 Million for Unlicensed Pension Risk Transfers
New York regulator said the firm illegally entered into 14 risk transfer deals.
IMF Expects Worst Economic Fallout Since Great Depression
Group proposes four-point plan for ‘bridge to recovery,’ saying many emerging countries will need a reallocation of their limited public resources and an increase in the world’s flow of resources to them.
Op-Ed: We Need to Talk about Pensions
Matthew Bale from RiskFirst, a Moody’s Analytics company, takes an analytical look at the implications of COVID-19 for the UK pension industry.
CalSTRS COIO Debra Smith to Retire in May
The largest educator retirement system will soon search for her successor.
Here’s How Rotten Corporate Earnings Will Be This Year
Analysts say EPS should be 8.3% in the red, although that may be too sanguine.
CalPERS Delays Launch of Two Programs to Lower Drug Costs
The shift to next year is due to the disruption from the coronavirus, the retirement system says.
US Corporate Pensions See Shocking $93 Billion Funding Gain in March
Surging discount rate offsets asset loss of $85 billion.
UK Equity Funds Weather Market Turmoil Surprisingly Well
Fixed income unexpectedly takes brunt of record monthly outflow of UK mutual funds.
CalPERS Appoints New Deputy CIO for Total Portfolio Strategy
The state retirement system chooses 16-year veteran Dan Bienvenue, who has overseen global equity.
Ackman Scored $2.6 Billion on Bond Bets as Markets Sank
After toying with cashing in all his assets, the investor placed a canny wager against corporate fixed-income.
Report: Virus’ Effect on NYC Teachers’ Pension Fund Poses Risk to City
NYU pinpoints the program’s unique Tax-Deferred Annuity offering and contribution volatility as threats.