Risk
Why Corporate Execs Have the Supply Chain Blues
Worries over logistical bottlenecks preoccupy management on earnings calls, a BofA study shows.
News Archive: Aug - 2021
Corporate Moves
Idaho Retirement System CIO Bob Maynard to Retire in 2022
The investment chief has overseen a nearly 12-fold increase in the pension fund’s asset value since 1992.
Regulation
SEC Charges Could Open Pearson to Securities Lawsuits
With the cease-and-desist order, attorneys might take aim at the publisher over alleged misleading statements.
Alternatives
How Nashville and Davidson County Pension System Got 115% Funded
CIO Fadi BouSamra expects to add two more venture capital funds by the end of the year.
The Federal Reserve Is Foot-Dragging on the Digital Dollar, Yardeni Complains
A Fed-sponsored cyber-buck is needed to keep up with consumer finance trends, replacing fee-laden credit cards, the economist says.
Asset Allocation
Record Returns Spur NY to Cut Assumed Return Rate to Below 6%
Employer contributions are also being reduced, while COLAs will be increased.
Corporate Moves
CIO Exclusive: NY-Presbyterian’s CIO to Leave in September
William ‘Bill’ Lee is stepping down after five years in the role.
Asset Allocation
Richard Nixon Is the Father of Cryptocurrency, Says BTIG
The 37th president planted the seeds that grew into Bitcoin and its ilk today, the investment house explains.
Asset Management Culture
LPL Financial CIO Burt White to Retire in 2022
He will step down in March after 15 years with the firm.
Market Moves
The Inflation Threat Is Hooey, Even as Money Supply Climbs, Says Savant
Sure, the Fed has created more dollars, but that doesn’t mean they’ll lead to a price spiral, argues David Waddell.
Market Moves
Union Files Legal Challenge Over OMERS’ Early Retirement Policy
The Canadian Union of Public Employees is also calling for a review of the pension fund’s investment decisions.
Asset Allocation
Apollo Might Launch $500 Million SPAC Fund
The private equity firm reportedly will use the investment vehicle to buy stakes in IPOs and founders’ shares.
Asset Allocation
No Need for Taper Trepidation for the Stock Market
The situation now is less fraught than during the 2013 tantrum, argues UBS’s Mark Haefele.
Corporate Moves
Yale Chooses CIO from Within
Venture capital director Matthew S. T. Mendelsohn has been tapped to lead the $31.2 billion endowment.
Asset Allocation
Disney, Microsoft, and Twitter Are Among Stocks on Hedge Funds’ Loser List
So, you thought these big companies were unstoppable, eh? A Goldman survey of hedge operators begs to differ.