Fisher Fallout Could Top $2.6 Billion
Investors continue to divest from Fisher Investments after founder’s allegedly sexist remarks.
News
Notre Dame, University of Chicago Endowments Return 7.2%, 6.9%
Portfolios grow to $13.8 billion and $8.5 billion respectively.
PBGC Takes Over Bankrupt Verity Health System’s Pension Plans
Pension insurance to assume benefit payments for 8,000 members.
No. 1 Economy-Affecting Trend for the Next 30 Years: Aging Populations
The graying of many nations tops other big issues, like climate change, Investcorp survey of institutional investors says.
Bitcoin Bites Child Pornographers
Cryptocurrency transactions help agents track down child porn ring leader.
ElectroCore Faces Class Action Headache
Complaint alleges firm misled investors over migraine medicine.
UK Pension Regulator’s Widespread ‘Crackdown’ on Poor Recordkeeping Practices
Pensions found in poor accordance with standard practices face fines and penalties.
The 60-40 Stock-Bond Asset Mix Is Dead, BofA Warns
Equities will offer better risk-adjusted returns in the future, and bonds will slide, a report predicts.
Breaking News: Rockefeller Foundation CIO Donna Dean to Retire
Deputy CIO Chun Lai Named successor to head $4.4 billion endowment.
NYC Comptroller Calls on 56 Firms to Adopt Rooney Rule
Scott Stringer criticized leadership teams ‘that look like they’re out of the 1950s.’
UK High Court Rules Women Not Entitled to Pension Compensation
Justices say they are ‘saddened’ by case but that their role ‘is limited.’
AT&T Plan Members Sue Over Early Retirement Calculations
Complaint says media giant shortchanged participants who retired early.
Low Inflation, Eh? Just Look at Housing Costs
Recent CPI blip owes a lot to shelter, which is a third of the price gauge and rising at 3% yearly.
Analysts: Earnings Will Improve in 2020
Forecast seems to hinge on progress in resolving the trade dispute. Hmmmm.
Revoking Brexit Provides ‘Best Economic Outcome’ for UK
IFS says no-deal Brexit would be worst possible scenario for British economy.