Why Allocators Do Badly When Selling Stocks
Placing too much emphasis on buying assets results in leaving money on the table once they divest, says strategist Ervolini.
News
Norges Bank Reports Early Signs of Success in 1st Year of Climate Action Plan
A growing number of portfolio companies held by Norway’s $1.5 trillion sovereign wealth fund are adopting net-zero targets.
CDPQ Announces 7.2% Return in 2023
Assets of the Quebec pension investment manager grew to $321.72 billion.
Strong Multiemployer Pension Funding Mostly Due to SFA Grants, Asset Performance
The two factors contributed approximately even amounts toward improved funding levels.
Commentary: Energy Transition Wave to Dominate Investment Landscape
A huge wave of change will create substantial risk and opportunity for institutional investors across geographies, sectors and asset classes.
Katharine Krieger Appointed CIO of J. Paul Getty Trust
Krieger, CIO at the Broad Foundation, will replace James Williams, who is retiring.
Jon-Michael Consalvo Appointed CIO of Carnegie Corp. of New York
The 2022 CIO NextGen will begin the new role on March 1.
Nvidia Shows ‘Em: Explosive Results Boost Nervous Market
Before the chipmaker’s earnings release, stocks had been down.
NYC Comptroller: Major Banks Neglect Their Own Net Zero Goals
Three of the city’s pension funds filed shareholder proposals seeking greater fossil-fuel transparency at six of the largest banks in North America.
Move Over, Magnificent 7, as Other Stocks Rise to Glory
Prosaic financials and industrials perform like tech hotshots, Truist notes.
Puerto Rico Pension Reserve Trust Seeks Multi-Asset Strategy Managers
The underfunded pension fund appears to be shifting away from its fixed-income heavy portfolio.
Can the Canadian Model Be Improved?
A new study by PSP CIO Eduard van Gelderen, “On the Sustainability of the Canadian Model,” aims to find improvements to the investment model.
US College Endowments Gained 7.7% in Fiscal 2023, but Suffered From Weak Alternatives Returns
Equities drove gains, while alternative returns were mostly flat.
Bonds Should Climb Nicely in 2024, WTW Predicts
Dropping central bank rates will help a lot, with the 10-year Treasury total return rising as much as 13%, the firm contends.