Allocators Need to Adopt More Technology for Investing, Says PSP Strategist
Artificial intelligence is available to find insights in vast reams of data, Herman Bril argues—so use it, already.
Risk
UK Pension Risk Transfer Market Drops to £26 Billion in 2022
Despite decline, the British market topped £25 billion for the fourth straight year.
Grayscale Launches Appeal Against SEC, and Its Shares Rally
The sponsor of its battered bitcoin fund labels as “arbitrary” the agency’s nixing of its ETF conversion request.
IPOs Start 2023 in the Doldrums, Mirroring 2022’s Sad Showing
With an anxiety-prone stock market not showing a lot of lift after last year’s losses, companies are holding off on going public.
Corporate Bond Issuance Gushes: What Does That Mean for the Year?
Demand is strong for investment-grade paper, less so for junk.
U.S. Asset Managers Fear Federal Reserve Rate Hikes Will Cause Recession
Asset managers are concerned that higher rates will spark a liquidity crisis and 27% fear that continued rate hikes will cause significant equity market losses, CoreData Research finds.
Indiana Anti-ESG Bill Could Cost State Pensions $6.7 Billion Over 10 Years
Bill aimed at protecting pensions’ financial interest may instead box them out of lucrative private markets.
Bloated Inventories Turning Into Economic Hindrance, Pantheon Says
The pandemic buying surge prompted businesses to stock up way too much.
What Happens if US Debt Defaults? Just Short-Term Pain, Sages Say
Drawing lessons from history, any federal failure to pay should be a hiccup, albeit an expensive one.
Why Meta’s Stock Surges, Despite Skunky Earnings—A Harbinger for Tech?
Slammed in 2022, the Facebook parent and its Big Tech kin see their shares dazzle now, even if their financial performances haven’t.
Ackman Applauds the Trashing of Adani, but Won’t Bet Against It
Famed activist investor lately is backing away from aggressive battles.
PIMCO Investment Managers Tell SCERA They Expect Debt to Bounce Back in 2023
The $3.2 billion Sonoma County Employees’ Retirement System’s investment committee heard a discussion about the current state of fixed income.
IPOs: Off to a Poor Start as 2023 Kicks Off
A mere 15 offerings have been filed thus far, fewer than in previous years.
What Happens After That Soft Landing? BCA: Nothing Good.
Maintaining a position just short of a recession is almost impossible to do, the research shop says.
Hidden Risks Still Bedevil Allocators’ Returns, Updated Study Warns
Institutional investors’ attempts at diversification often are self-defeating, says NTAM in a new version of its 2020 jeremiad.