Public Pensions Remain Active in Adapting Allocations
U.S. public pension managers are confident their plans are well-hedged against inflation, as they plan to increase allocations to commodities and boost infrastructure investing.
Research
Northern Trust Launches Online Platform for Asset Allocators
The firm designed A-Suite to be a community, destination and content hub.
Lack of Retirement Saving Could Cost US, States $1.3 Trillion, Study Says
The population of elderly households in the U.S. is expected to rise 50% between 2021 and 2040.
Why AI Craze Is Eerily Reminiscent of Dot-Com Era
Nobody yet knows how to monetize artificial intelligence, BCA Research warns.
Who Is the No. 1 Quant? A Contest for the Best Stock Prediction Will Decide
Abu Dhabi is backing a competition for quantitative investing aces, with a $40,000 top prize.
Paper From Japan’s GPIF Proposes New Way to Compare Alts With Traditional Assets
The authors claim their Spread Based Direct Alpha method is more accurate than current measurements.
Bernanke: 4.3% Jobless Rate Needed to Get Inflation Back to Pre-Pandemic Level
Former Fed chief puts a number on the level of employment-related pain needed to hit price-rise target.
Biotech Investment Could Be Approaching a ‘Golden Age’
J.P. Morgan strategist Jared Gross sketches out how small life sciences firms are now well-placed due to higher federal research funding and a more receptive FDA.
AI Application ChatGPT Beats Stock Market, Study Says
Researchers found that investing using ChatGPT analysis produced a return of more than 400% during a time period that saw the market average decline.
Australian Super Funds Advocate for Board Gender Diversity
The ACSI will consider recommending that its members vote against current leadership at companies where women comprise less than 30% of the board.
AI Will Send Profits Skyward Over the Next 10 Years, Goldman Says
Artificial intelligence-fueled productivity should expand margins by 4 percentage points, the firm projects, but it won’t happen right away.
Regional Banking Crisis? Not Happening, Natixis Says
The deposit flight has halted, and lending hasn’t suffered, the firm notes.
Kellogg Foundation Offers a How-To on DEI for Finance Employers
Pointing to low levels of diversity among money managers and private equity firms, it gives examples of successful programs that boost diversity.
ESG, Non-ESG Investing Returns Differ Minimally, Says Research Affiliates
But when portfolios are not cap-weighted, green-oriented investments do better, the firm finds.
Debt Ceiling Stalemate: End Date for Washington’s Pay Ability May Arrive Sooner
The so-called ‘X-date’ could come in June instead of August, say studies by Goldman Sachs and Wrightson ICAP, based on lower-than-estimated federal tax receipts.