Newsmakers
Britt Harris To Leave UTIMCO in June
CIO Rich Hall will be promoted to CEO and president.
News
Market Moves
Uncertainty Expected to Dominate Global Markets
Major economies ‘remain imbalanced’ with more volatility ahead, WTW finds.
Newsmakers
Maryland State Retirement Agency Is Adding COO
The new position is intended to help staff handle a growing workflow.
Risk
Hedge Funds Continue to Lose Investors
February, a bellwether month for the asset class, did not bring any relief, a Nasdaq eVestment study finds.
Regulation
Congress, SEC Move Forward With Electronic Disclosure
Congress has proposed allowing electronic disclosure to investors for SEC registrants, and the SEC is looking to require it for disclosures to the SEC itself.
Risk
Alibaba Split May Ease Regime’s Crackdown on China’s Big Tech
The e-commerce breakup into six pieces should shrink its influence on the Chinese economy. And hey, Jack Ma is back.
News
Ping An Investments Aligned With China’s Green Transition Policy, CIO Says
Insurer sets 20% annual growth targets for its green investments.
Risk
Property Loan Securities Are the Latest Problem
How reduced office occupancies and other obstacles slam the CMBS market.
Asset Allocation
Correlation in 2022 Prompts Thoughts on How to ‘Lose Less’
Investors rethink allocations as performance volatility arises.
Regulation
SEC Market Structure Proposals: Last Week for Public Comments
Interested parties have until the end of March to submit comments on the four SEC market structure proposals.
Asset Allocation
Global Investors Increase Focus on Portfolio Emissions
With no drop-off in reported climate commitments, implementation is the next challenge, according to Robeco research.
Newsmakers
Former Goldman Sachs MD Gets 10 Years for Embezzling From Malaysia’s 1MDB
Roger Ng allegedly laundered ill-gotten funds through financing ‘The Wolf of Wall Street.’
Asset Allocation
Ontario Pension to Invest Nearly $17 Billion in Green Investments by 2030
The strategy is part of Healthcare of Ontario’s plan to get its portfolio to net-zero greenhouse gas emissions by 2050.
Newsmakers
Facebook Parent Company, CEO Zuckerberg Named in Human Trafficking, Child Exploitation Complaint
Investors from Rhode Island, Ohio and New Zealand filed suit against Meta Platforms in the Delaware Court of Chancery.
Regulation
Fed Raises Rates as Expected, Stocks Tumble
Fed Chairman Jerome Powell emphasized that the Fed is monitoring the impact of recent banking events but is still committed to reducing inflation to 2%.