Cost of Living Fears Trump Investor Confidence
Despite highest levels of investor confidence since 2018, fears stunt plans for investment.
News
Risk Manager of 2019/2020: The CIO Who Beat Q4 of 2018
How Vincent Morin of Air Canada, CIO's Innovation Award winner for Risk Management, used the 4 P's to keep his fund in the surplus.
Endowment Index Surges 20.19% in 2019
China helps index rebound sharply from previous year’s 9% decline.
Pension Plans Will Boost Hedge Fund Investments in 2020, Study Says
Dismay over low-yielding fixed income will cause shift, industry research group Agecroft Partners predicts.
New York Appoints Its First-Ever ESG Director
Andrew Siwo will help advance the massive portfolio’s green agenda.
Institutional Investors Call for Barclays to End Fossil Fuel Financing
Managers of more than $170 billion say bank lags behind peers in climate action.
Arizona’s State Pension Contends With ‘Very Troubling’ Accounting Errors
Audit reveals a lack of internal controls may have misappropriated funds within the retirement system.
CalSTRS Rejects Fossil Fuel Divestment
A report details CalSTRS policy of engaging fossil fuel companies rather than dumping their stock, which it sees as a last resort and potentially harmful to the portfolio.
Good Job Growth Shows Bosses’ Trade War Fear Has Ebbed, Economist Says
Pantheon’s Shepherdson finds that need for hiring amid solid economic growth calmed worries.
Despite Robust Returns, Funding Level for Top 100 US Corporate Plans Drops in 2019
Record-low rates negate plans’ 15.66% investment return for the year.
Musicians’ Pension Fund Applies for Benefits Cut
Proposed reductions would affect nearly half of plan’s 51,000 participants.
Investment Advisors, Fintech Innovations Top SEC’s Priorities for 2020
Commission will also pay close attention to market infrastructure, seniors saving for retirement, and information securities.
NYC and London Mayors Urge Global Cities to Divest from Fossil Fuels
Mayors Bill DeBlasio and Sadiq Khan implore that ‘time is running out’ on climate change; provide a toolkit for divestment.
OMERS Selects Infrastructure Veteran as New Chief Pension Officer
Annesley Wallace will replace Blake Hutcheson, who recently was named CEO of the organization.
Ackman, Buying a Stake in Idol Buffett’s Firm, Finally Turns a 2019 Profit
Hedge fund chief has touted his recent Berkshire purchase as an element of his comeback, although that’s unlikely.