Manager Selection
CIO of New Jersey Police and Fire Pension Resigns
The resignation follows an ethics probe into his behavior at a previous pension fund.
News Archive: Mar - 2022
Newsmakers
Biden’s Tapping the U.S. Oil Reserve Meets with Wall Street Shrug
S&P 500 slips amid news of a major release from the federal petroleum cache.
Newsmakers
Japan’s GPIF Seeks Data on Effect of Securities-Lending Suspension
The $1.73 trillion pension giant has issued a request for information regarding its 2019 decision to stop lending securities to short sellers.
Asset Managers Hustle to Offer Better-Yielding Cash Funds
With rates pointing up, Northern Trust, BlackRock, and others aim for liquidity-laden institutional clients.
House Passes Securing a Strong Retirement Act
Bill would require 401(k) and 403(b) plans to automatically enroll eligible participants.
Newsmakers
Providence Pension Mulls Issuing $515 Million in Bonds, Following POB Trend
But bonds don’t always outperform stocks over the long run, according to one expert.
Risk
What It Would Take for Powell to Get His Soft Landing
Former New York Fed head Dudley thinks the central bank’s quest is doomed. Is he right?
Newsmakers
Brother, Sister Charged in Alleged $124 Million Crypto Fraud Scam
John and Tina Barksdale allegedly defrauded thousands of investors through offerings of a digital token called Ormeus Coin.
Asset Allocation
New York State Pension Invests Over $2.6 Billion in Alts in December
The Common Retirement Fund allocates nearly half of the month’s commitments to real estate investments.
Regulation
Biden Digital Asset Executive Order Aims to Tame Crypto
White House provides guidelines that seek to harness the positive aspects of crypto while mitigating its abuse.
Do You Want Insight About NQDC Plan Trends?
CIO’s sister publication PLANSPONSOR and Newport have partnered again to survey plan sponsors with the goal of identifying nonqualified deferred compensation plan trends. The NQDC survey results will reveal the...
Risk
Maybe an Inverted Yield Curve Isn’t an Ill Portent
The Fed has distorted the Treasury landscape, says a Bernstein savant. Without its bond buying, the 10-year would be yielding 3.7%.
Asset Allocation
Healthcare of Ontario Pension Earns 11.28% in 2021
Canadian pension plan tops benchmark as asset value grows to C$114.4 billion.
Regulation
Crypto Companies Charged in $44 Million Ponzi Scheme
The owners of EmpowerCoin, ECoinPlus and Jet-Coin face charges of wire fraud, money laundering and obstruction of justice, among others.
Risk
Food Inflation Is Bad, but Should Level Off Near-Term, Says Shepherdson
Agricultural price rises are nothing like oil’s, reasons the Pantheon Macro economist.