Rate Cuts Unlikely to Affect PRT Market in Short Term
Funds are more sensitive to long-term rates, upon which the Federal Reserve’s action will have little impact.
News
Inflation? Companies Fret Less About It Lately
Mention of price increases dropped sharply in 2Q earnings calls compared with two years before, says FactSet.
Seesaw Markets Force NYSLRS to Raise Employer Contribution Rates
‘Volatility in investment income translates into volatility in employer contributions,’ according to the chief actuary at the New York State and Local Retirement System.
NZ Super Fund Posts 15% Return for Fiscal 2024, Just Shy of Benchmark
According to the sovereign wealth fund, its active-passive hybrid strategy produced a $10 billion gain as compared with a strictly passive investing approach.
Listed Asset Managers Have Seen Strong Growth in Last Year, per Casey Quirk
Despite strong growth, a large disparity exists between the top and bottom performers.
CDPQ Acquires $546M Stake in Ohio Electric Utility
The Quebec pension fund’s indirect equity investment in AES Ohio is expected to close in the first half of 2025.
Signals of a Coming Recession Are Absent, Ned Davis Says
Forget about retreating to defensive stocks for now, per the firm’s analysts, as the risk of a downturn in the ‘next several months is low.’
China to Raise Retirement Age, Starting in 2025
The new limits are aimed at stretching retirement resources to support the increasingly aged population.
Shelly Heier, President of Verus, to Depart This Month
Her duties will be taken up by the investment consultant’s CEO and CFO.
Why Soaring AI Stocks May Falter
Skepticism about long-term performance rises as the payoff of artificial intelligence now seems far off.
Kentucky Pension System Returns 10.7% in Fiscal 2024
The KPPA’s assets rose $3 billion to $26.9 billion.
IPOPIF Seeks Private Markets Consultant
The $10.8 billion Illinois Police Officers’ Pension' Investment Fund is expanding its allocation to alternatives.
Corporate Pension Funded Status Mixed in August
Some trackers saw their first decline in funded status in months, during a 'tumultuous' month for equities.
The Market’s Big Tech Concentration Is Not a Problem, Robeco Report Finds
Even if an economic dip sends stocks lower overall, the Mag Seven’s earnings should hold up, the Dutch firm says.
JPMorgan Chase CEO Dimon Skeptical of Private Markets Growth
The shrinking of the number of public companies is not a good thing, Dimon said at a conference in Brooklyn this week.