French President’s Pension Proposal Prompts Nationwide Strikes
Macron’s controversial strategy to stabilize the retirement plans' finances threatens to paralyze the economy.
News
Sure, US Manufacturing Is in a Recession, but So What?
Capital Group economist Franz, harking back to 2015-16's mini-recession, says industrials won’t bring down the rest of the economy.
New Mexico Governor Backs Linking Pension COLAs to Investment Performance
Plan aims to eliminate the state retirement system’s $6.6 billion unfunded liability.
Uncertainty the Only Certainty in 2020
US elections, Brexit, trade wars create hazy outlook for economic prognosticators.
Chicago Hedge Fund Adviser, Executives Charged with Fraud
SEC alleges firm overcharged investors by inflating fund values.
Florida Firefighters Pension Sues Resideo for Securities Fraud
Class action suit alleged firm misled investors to artificially inflate share price.
Connecticut Moves to Embrace ‘First-of-its-Kind’ Gun Divestment Policy
State treasury plans to divest from civilian gun manufacturers to mitigate the national gun violence crisis.
Norway Pension Fund Removes Petrobras from Watch List
Norges Bank says Brazilian oil firm’s US settlement reduces corruption risk.
Exclusive: CalPERS Fires Most of Its Equity Managers
Allocations for both traditional and emerging equity managers were slashed from $33.6 billion to $5.5 billion, and only four of 22 managers have been spared.
Major Institutional Investors Say Zuckerberg’s ‘Totalitarian Grip’ on Facebook Must End
Group calls for Facebook to divulge the concentrated power that chairman and CEO holds.
A Warren Win Wouldn’t Necessarily Bring a Bear Market, Says Bernstein
Similar downbeat predictions about Obama and Trump came to naught, strategists point out.
Japanese Pension Giant GPIF Suspends Stock Lending for Short Selling
World’s largest retirement fund says practice is ‘inconsistent’ with stewardship duties.
ESG Disclosure Lags Behind Investment in Asia Pacific
CFA says much work remains to be done to raise quality of ESG information.
A Nice November Portends a Great Market 2019 Finish, Says Stovall
Contrast the current situation with year-end 2018’s lousy showing.
Washington State Investment Board Advances Lawsuit Against Brazilian Company
Court gives green light to WSIB for its bribery case against Brazilian construction company Odebrecht.