Economic impact of virus could lower state pension valuation.
Nicolai Tangen, a hedge fund manager based in London, will take over the nearly $1 trillion plan.
Firm nets $4 billion in shorts, settles on singular stock strategy with Commerce Bancshares.
SFERS encourages business to be creative in supporting the COVID-19 relief effort and to ‘utilize the current crisis to lead the human experience to new heights.’
Commissions in the securities industry have dropped during other financial crises. In 2008, they fell 47%.