Harvard Restructuring Shows Signs of Progress
Despite disappointing returns, CIO Narvekar says there is ‘some good news.’
News
Negative Sentiment Toward Private Equity Firms’ ‘Predatory’ Behaviors Impacting Investors
Mounting criticism from high-profile political figures is influencing thinking.
Church of England Nominates Gareth Mostyn as CEO of Endowment
Mostyn would replace Andrew Brown as head of the £8.3 billion fund.
GM Strike Will Shrink October Job Growth, Economists Warn
Expect just 25,000 positions added, vs. five times that in September, Capital Economics estimates.
Endowments and Foundations Sticking It Out with China
Despite volatility, long-term institutional investors see no reason to change strategy, NEPC study says.
SEC Questions Strategy for Thinly Traded Securities
‘One-size-fits-all’ equity market structure ‘may not be optimal’ for low-volume trades.
Judge Axes Pension Fund Lawsuit over Healthcare Shift
Pension participants filed suit after program’s pullout from healthcare coverage.
Netherlands, Denmark Top Global Pension Ranking
US retirement systems ranked 16th out of 37 countries.
Sluggish Wage Growth Leads to Lagging Retirement Savings, Professor Says
Despite low joblessness, academic concludes, most work still fails to generate enough money for later years.
Companies Should Pay Better, Survey from Paul Tudor Jones Group Says
Poll finds compensation is top issue in ways businesses could improve Americans’ lives.
Rhode Island Turns to Options and Emerging Markets Debt to Improve Funding
NEPC guides the state’s investment commission through the addition of new asset classes.
ESG Principles Guide 70% of Institutional Investors
However ESG adoption slowed in 2019 after two years of rapid growth.
Legislators Urge Endowments to Boost Asset Manager Diversity
NACUBO says Congress members are preaching to the choir.
Harvard Faces Protests over Its Amazon Land Holding
Activists are urging the university to sell its stake of land near the Brazilian rainforest.
Chicago Moves to Consolidate More than 650 Pensions
Task force cites lower overhead costs and access to larger pools of capital as benefits to the potential mergers.