Cornell, Penn State Endowments Return 5.3%, 7.7% for Fiscal 2019
Cornell endowment hits record $7.3 billion, Penn State tops $3.1 billion.
News
Michigan Pension Fund Seeks Benefits Reduction
Detroit Carpenters plan to become insolvent in 15 years without government intervention.
Tumbling 10-Year T-Note Yields Have Lower to Go, Moody’s Says
Now 1.51%, the research unit says it could slide to between 0.5% and 1% in a recession.
Breaking News: CalPERS Board President Henry Jones Beats Challenger
Jones beat former board member J.J. Jelincic in a heated race that dealt with CalPERS investment policy and past sexual harassment charges
Falling Bond Yields ‘Warning Sign’ for Canadian DB Plan Sponsors
Aon says the window for de-risking opportunities ‘seems to be closing.’
Blockchain Firm to Pay SEC $24 Million for Unregistered ICO
US investors participated in ICO in which had not been approved by the regulator.
Norway’s Pension Fund Divests from Upstream Energy Companies
The Scandinavian country is the latest entity to run scared from oil-dependent firms.
GPIF’s Hiromichi Mizuno’s Term Is Extended for Six Months
The radical investment officer will continue his charge to change the world.
UK Bank Touts Venture Capital, Growth Equity for DC plans
British Business Bank says alt assets could boost returns, reduce volatility.
The Case for a Good 4th Quarter in the Market
Final period is the strongest, especially when the S&P 500 is up over 15% for the year, LPL’s Detrick says.
UK Pension Lifeboat to Protect Thomas Cook Pension
Plan participants will likely see reduced benefits after the 178-year-old travel firm collapse
How Impeachment Could Hurt the Stock Market
Wall Street believes that investors care only about the economy, which still seems pretty good, not politics. What if they intersect?
Ray Dalio Calls China the Quiet Winner in Conflict with US
The billionaire investment impresario sees the US as a weak force in the escalating battle.
Yale, Stanford, Brown Endowments Return 5.7%, 6.5% 12.4%
Brown outperforms bigger endowments to reach record asset value.
SEC Charges Three in Alleged $125 Million Fraud
Managers allegedly lied to investors, used funds to support ‘luxurious lifestyle.’