News
CalPERS Employee Tests Negative For Coronavirus
Good news is overshadowed by market reactions to the coronavirus pandemic that have cost the largest US pension plan more than $50 billion.
Lock Down the US to Save It from Virus, Ackman Says
‘Hell is coming,’ the activist investor admonishes, calling for more stringent measures while the nation reels economically.
Norges Bank Draws Down Oil Revenues to Ease Coronavirus Impact
Norway’s central bank is ramping up spending amid greater calls from the government for a stimulus package.
Investors ‘Double Down’ on Alts Amid Market Turmoil
More Public Plans Ramp Up Social Distancing Because of Coronavirus
Plans in Massachusetts, Mississippi, and other states assure retirees that benefits won’t be delayed, but suspend counseling appointments.
And Now, the Case for a 2020 Recession
IHS Markit sees one hitting in the second quarter and lasting to year-end.
Aussie Pension Suspends Its Short Selling-related Stock Program
Unisuper cites its ineffectiveness in helping the current market situation.
Michigan Pension Fund Sues World Wrestling Entertainment
WWE lawyer calls accusations of insider trading by CEO Vince McMahon ‘entirely fictional.’
UK’s Largest Asset Manager to Launch a Completely Green Pension Fund
LGIM is said to have conceded to membership pressure regarding its investments in the fossil fuel industry.
Flagship Bridgewater Fund Reportedly Tumbles 20% From Coronavirus
SEC Stops Allegedly Fraudulent Hedge Fund Offering that Raised $39 Million
Manager is accused of misleading investors and using funds to buy luxury apartments.
BlackRock Converts Money Market Portfolio to Environmental Fund
Fund will invest 80% in securities that meet its environmental criteria and contribute to the World Wildlife Fund.
Possible CalPERS Coronavirus Case Forces Investment Meeting Cancellation
