A Fed Pivot? Not a Chance, Says the Futures Market
The expectation is wrong idea that the Federal Reserve will cease its tightening and lower rates, CME contracts suggest.
Risk
WTW Index Shows Mostly Positive Second Quarter for Global Pension Funds
U.S. pension funds’ relatively high domestic equity allocations made the funds more vulnerable to the market downturn than other countries and regions.
The Market Slips Due to Fed Signals, Yet Again
Stocks ride the central bank roller coaster as two Federal Reserve governors sound hawkish.
Athene, Now Part of Apollo, Was the PRT Champ of 2021
A huge transfer from Lockheed cemented its lead, says S&P, as pension shifting grows.
Be Wary of Single-Stock ETFs, Warn SEC Commissioner, Education Head
Recommending the new product to retail investors without breaching fiduciary duties could be ‘challenging.’
Two Bad Quarters Do Not a Recession Make?
Economic savants spell out why not to get excited by the back-to-back negative numbers.
So What Is the Fed’s End Game on Rates?
Commonwealth’s McMillan thinks it has two half-point increases ahead, and that’s it.
China’s Slammed Stocks Are Showing Signs of Recovery
The easing of pandemic lockdowns has sparked hope, although the progress is fitful.
Many Asset Managers Are Eyeing Outsourcing, Per Northern Trust
Thanks to the pandemic, some 60% are looking at farming out certain operations, the firm’s survey says.
Many Employees Would Like More Retirement Help From Their Employers
People closer to retirement are more likely than before the COVID-19 pandemic to say they will retire beyond the age of 70, WTW survey finds.
Downturn-Spooked JPM Axes Buybacks—So Will Others Follow?
Corporations have a hefty amount of cash, so perhaps share repurchases won’t be hurt too much.
CFA Signs Up 40 Firms to Follow Its Diversity, Equity and Inclusion Code
Verus Advisory is the latest to join the group of signatories, which so far represent $17 trillion in assets.
BlackRock Gives the Death Rites to the Great Moderation
That lovely time of low inflation and bull markets isn’t going to recur, it says.
That Bad First Half Leads to a Decent Final Quarter, History Suggests
After a bad January-through-June spell, CFRA’s Stovall says, markets usually improve by year-end.
CalSTRS Votes on Record Number of Shareholder Proposals
The $315 billion pension fund has voted on more than 1,000 shareholder proposals during the 2022 proxy season, many of them climate-related.