Newsmakers
Cyber Attacks Are Financial World’s Worst Threat, Says Jamie Dimon
Chase CEO cites economic worries in annual shareholder letter.
News Archive: Apr - 2019
Risk
Ex-Ontario Teachers’, ATP CIO Set to Launch New Firm’s First Product
Bjarne Graven Larsen’s new Qblue Capital enlists former Denmark fund colleagues.
Regulation
Yale Alum Charged with Running Hedge Fund Scam While Student
Omar Zaki agrees to $25,000 SEC fine, three-year ban from investment industry.
SEC Releases Framework for Digital Assets
Guidance intended to help investors determine when a digital asset is a security.
House Committee Passes Bill to Overhaul Retirement Plans
Legislation would increase 401(k) contributions, plan portability.
People Moves Roundup
Man Group finds a new real estate debt leader, Clearlake Capital boosts its roster, and more.
Market Moves
Investors Bailed Out of Stock in 2018 and Got Double-Slammed
The average investor fled from the stock market and ended up losing twice what the S&P 500 did, Dalbar says.
Corporate Moves
British Steel Pension Plan Gets Its First Independent Chairman
Keith Greenfield will take over the metal pension’s board, replacing Allan Johnston.
Newsmakers
Two More Australian Supers Considering Merger
A First State Super and VicSuper consolidation joins trend among the nation’s pension funds.
CIO NextGen: Last Day to Nominate
Asset owners and managers to choose 25 of the industry's best up-and-comers.
Regulation
Kentucky Bill Would Allow Institutions to Leave Troubled Retirement System
Opponents call bill ‘idiotic and irresponsible.’
Risk
Private Equity Keeps Ontario Teachers’ Strong in 2018
Despite a volatility snag to its funded status, plan is still fully funded.
Market Moves
Here’s Some Hopeful News: April Is Stocks’ Best Month
For the past 20 years, the fourth month has been the best for the S&P 500, rising an average 1.7%, LPL Financial says.
Corporate Moves
Norway’s Real Estate Shift Shuffles Its Leadership
World’s biggest sovereign wealth fund adds some top officials from its property arm, now being sucked into the investment division.
Newsmakers
Third Time in Four Years: CIO Wins Best Media Brand Award
Judges said, “CIO sets the bar with its wide-ranging coverage, high-level industry insights and (perhaps most impressively) its keen sense of artistic design.”