Harvard, Penn Endowments Return 6.5% Each, Duke Returns 6.9%
Endowments facing ‘economic headwinds’ in 2019.
News
Public Plans’ Funding Improves Slightly, But Not Asset Growth
Funded level was 73% in fiscal 2018, helped by lower liability increases.
Tips on Searching for the Best OCIO in a Growing Market
RFPs, shortlists and when to hire a search firm.
Trade Wars Taking Toll on Global Growth
OECD blames dimming economic outlook on trade tensions, policy uncertainty.
North Carolina Endowment Grows to $1.4 Billion
Monetary policy and trade among the organization’s top market concerns.
France’s ERAFP Completes Tobacco Divestment
$36.1 billion pension complies with Tobacco-Free Finance Pledge.
Washington State Investment Board Posts 8.36% Return
The top-tier returns beat other pension plans, boosted by the pension’s plan large commitments to private markets.
SEC Finalizes ‘Test-The-Waters’ Policy Expansion, Allowing Companies to Solicit Investor Interest Before IPOs
New rule removes Obama-era revenue cap of <$1 billion for companies to solicit investor feedback before going public.
Biometric Hacking: Even Your Face is Hackable
Researcher describes how he was able to trick the biometric protocols.
NJ Pension Fund Returns 6.27% Misses Benchmark, Target
Fund reports ‘possible economic slowdown’ for 2020.
Rothesay Breaks Two Records with Two Risk Transfer Deals
Insurer signs £4.7 billion deal with Telent, and £3.8 billion deal with Allied Domecq.
Deep Fake Videos on the Rise as Technology Improves
But technology to combat these doctored videos is also growing in sophistication.
National Defined Contribution Group Announces New Leadership
CalSTRS Director of Retirement Readiness Sandy Blair joins as the organization’s new president.
Australian Regulator Loses Lawsuit Against Wealth Manager IOOF
Court rules APRA failed to prove firm broke pension laws.