Increased Investor Risk Appetite Spurs Endowment Index Q2 Rebound
Index jumps 15.40% after plunging more than 20% during the first quarter.
Research
US Insurers Aren’t as Concerned About Climate Risk as Global Peers, GSAM Finds
Just half of American carriers consider global warming during their investment process, versus more than 70% of their European and Asian counterparts.
Montana Pensions Face Risk of Fiscal Distress in Recession
Funded levels could tumble if pensions don’t meet 7.6% investment return target, Pew says.
Less Tax-Efficient Funds Cost UK DB Plans £250 Million Yearly, Study Finds
Researchers say pensions must invest in tax-transparent funds, insurance policies to be eligible for tax advantages.
US, Canadian Pension Funds Rebound with Markets in Q2
Resurgent equities erase nearly 40% of US corporate pension funded status loss during first quarter.
Pandemic Will Slice 7% from World’s Wealth in 2020, Says BCG
A painful $16 trillion could vanish from the planet’s coffers, only the second down year this century, Boston Consulting’s study estimates.
Toll Roads Face Long Road to Recovery: Bad News for Funds Eyeing Infrastructure
The typically stable asset class has been hit as traffic levels have dropped 40% to 85% globally, S&P analysts say.
Roller Coaster Markets Don’t Dampen Investor Optimism
Despite whipsaw market volatility, financial professionals expect only modest declines in 2020.
Pandemic Spurs Growth in Health Care Technology Venture Capital Deals
2020 on pace for record year as health-tech deals rise 76% to $8.2 billion during first quarter.
The Dollar Will Keep Falling, UBS Predicts
Falling rates, political tensions, and less virus fear are the reasons, the Swiss bank’s CIO says.
Fortunes Diverge for Public, Corporate Pensions
Public pension funding rises, while corporate pension funding falls for second month in a row.
Pandemic Provides Lessons to Improve Retirement System
Research paper says pandemic ‘is likely to hasten the demise’ of defined benefit plans.
Low Funded Public Pensions Might Not Survive the Decade
Market downturn could be the final straw for struggling public pension plans.
Fighting Climate Risk More Popular in Finance Industry Boardrooms, Survey Says
In GARP poll, 90% of boards were involved in sustainability efforts.
Goldman Sachs Estimates Public Pensions Now Less than 60% Funded on Average
Senior Pension Strategist Michael Moran says local government spending limits will stymie funding levels.